SHOCKING: Sobeys - You Need To See This

Ocado to axe 1,000 jobs amid £150 million cost-cutting overhaul

The group confirmed around 5 per cent of its global workforce is being cut

Evening Standard · Feb 26

Ocado plans cost-cutting drive with up to 1,000 jobs at risk, says report

Ocado Group declined to comment but said the business regularly reviewed operations to ensure it was set up for ‘long-term success’.

Evening Standard · Feb 9

Ocado says Canadian partner closing robotic warehouse in latest setback

Shares in Ocado fall almost 10% after revealing Sobeys will close Calgary site that uses UK group’s delivery technology

The Guardian - UK · Jan 29

Increasing monopoly power poses a threat to Canada's post-pandemic economic recovery

Canada is currently grappling with a significant economic issue: market concentration. A select few corporations dominate key sectors, leading to reduced competition, rising prices and limited purchase options for consumers.

The Conversation · Jul 16, 2023

The Indigo Cyberattack Is a Warning of Things to Come

Those handling state secrets or critical infrastructure seem to fare no better than a bookstore chain

The Walrus · Apr 24, 2023

Will Groceries Ever Be Affordable?

Food insecurity expert Sylvain Charlebois explains why flawed business regulations are making food unaffordable

The Walrus · Mar 30, 2023

Rising Food Prices: Could a Grocer Code of Conduct Help?

The clock is ticking as retailers and suppliers hammer out new guidelines to boost transparency

The Walrus · Nov 25, 2022

Why Loyalty Ventures Shares Are Getting Hammered Today

Loyalty Ventures Inc (NASDAQ: LYLT) shares are trading lower by 49.68% at $5.54 after the company said it will reevaluate its 2022 revenue and EBITDA guidance and said its AIR MILES reward program and AIR MILES sponsor Sobeys were unable to align on extension terms.

Benzinga · Jun 8, 2022