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Loblaw: Built To Survive The 'Groceryapocalypse'
Loblaw maintains its dominant position in Canada's controlled grocery 'oligopoly,' benefiting from trade-down dynamics amid inflation and energy shocks. L:CA's hard-discount banners, No Frills/Maxi, are driving double-digit same-store sales growth, supported by aggressive store openings and private label strength. Operational leverage offset margin pressures in Q1; robust free cash flow enabled a 10% dividend…
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