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Tag: unprofitable
Loblaw to close 52 unprofitable stores including pharmacies, grocery stores
2015-07-23 19:38:35| Grocery - Topix.net
Loblaw Companies Ltd. says it plans to shut down 52 unprofitable stores in its chain of various retail outlets in a move that will cut sales but boost its operating profit. The company says the closures will take place over the next 12 months and reduce its sales on an annual basis by about $300 million.
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Loblaw plans to close 52 unprofitable stores across a range of banners
2015-07-23 14:29:08| Grocery - Topix.net
Loblaw Companies Ltd. says it plans to close 52 unprofitable stores across a range of its banners and formats in a move that will cut sales but boost its operating profit. The company says the closures will take place over the next 12 months and reduce its sales on an annual basis by about $300 million.
Loblaw closing 52 unprofitable stores over next 12 months
2015-07-23 14:29:07| Grocery - Topix.net
Loblaw Companies Ltd. says it will close 52 unprofitable stores over the next 12 months, the company revealed Thursday. Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings release.
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Former GM Vice Chairman On Tesla: Car Business Is Unprofitable,...
2015-06-08 22:35:39| Automakers - Topix.net
While most analysts and industry experts are applauding Tesla Motors Inc 's newfound enthusiasm in batteries, some are also questioning why the company is focusing on that when it has a car business to run. Among these criticizers is Bob Lutz, former General Motors Company vice chairman.
WM Ceo Tells CNBC: Recycling Unprofitable, So 'People Don't Invest'
2015-05-28 20:48:17| Waste Management - Topix.net
The truth about recycling according to a waste disposal company may come as a shock. It is "unprofitable," according to Waste Management CEO David Steiner.