date:May 19, 2014
ve intensity within the grocery market to moderate in the second half of 2014 as the opening of Target stores a year ago is fully cycled.
Meanwhile, Canadian grocers Loblaw, Metro and Sobeys have been citing more aggressive price competition in the market for the last year, and in addition to stepping up promotions, they are building more stores under their discount banners No Frills, Food Basics and FreshCo.
Our continued price investment resulted in an increased price gap to competitors, Dav