George Weston Limited

MOLSON COORS ANNOUNCES LEADERSHIP TRANSITION IN CANADA

Retrieved on:

Tuesday, February 27, 2024

Chantalle Butler promoted to President, Molson Coors Canada, as Frederic Landtmeters chooses to leave the business in April

Key Points:

Chantalle Butler promoted to President, Molson Coors Canada, as Frederic Landtmeters chooses to leave the business in April
TORONTO, Feb. 27, 2024 /CNW/ - Molson Coors Beverage Company ("MCBC" or "Molson Coors") (NYSE: TAP) (NYSE: TAP.A) has promoted Chantalle Butler to the role of President of its Canada business, effective April 2, 2024.
Butler's promotion comes as Molson Coors' strategy is paying off – driving growth in all regions and all segments of Canada.
Butler will succeed longtime Molson Coors leader Frederic Landtmeters, who will leave Molson Coors in April to move closer to his family in Belgium.
Recognized for his exceptional leadership and his deep commitment to Molson Coors' values and culture, Landtmeters spearheaded significant successes during his time in Canada, driving substantial growth for core brands like Coors Light, the #1 light beer in Canada, and Molson, as well as the launch of successful innovations like Vizzy, Coors Seltzer, and Simply Spiked.

Barclays appoints Ryan Voegeli as Head of Investment Banking for Canada

Retrieved on:

Thursday, January 4, 2024

Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada.

Key Points:

Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada.
Mr. Voegeli has twenty years of investment banking experience, and joins Barclays from CIBC Capital Markets where he was Head of Global Diversified Industries Investment Banking.
Prior to joining CIBC in 2011, Mr. Voegeli was Head of Canadian Telecom, Media & Technology Investment Banking at Bank of America Merrill Lynch.
The Barclays Canada team delivers Investment Banking, Global Markets, and Global Research coverage, providing clients in Canada with seamless access to Barclays’ global network, and extensive in-country opportunities for international clients.

METRO claiming against George Weston for false price-fixing disclosures

Retrieved on:

Tuesday, October 17, 2023

George Weston Limited, METRO, Loblaw Companies, TSX, Tunnel, Grocery store, Defense

MONTREAL, Oct. 17, 2023 /CNW/ - METRO INC. ("METRO") (TSX: MRU) announced today that it has served a Statement of Defence and Crossclaim in the bread price-fixing class action in Ontario in which it claims damages from George Weston Limited, Loblaw Companies Limited, and Weston Foods (Canada) Inc. for falsely implicating METRO in a bread price-fixing conspiracy in which METRO had no involvement.

Key Points:

MONTREAL, Oct. 17, 2023 /CNW/ - METRO INC. ("METRO") (TSX: MRU) announced today that it has served a Statement of Defence and Crossclaim in the bread price-fixing class action in Ontario in which it claims damages from George Weston Limited, Loblaw Companies Limited, and Weston Foods (Canada) Inc. for falsely implicating METRO in a bread price-fixing conspiracy in which METRO had no involvement.

Canada Bread sentenced to $50 million fine after pleading guilty to fixing wholesale bread prices

Retrieved on:

Wednesday, June 21, 2023

Canada Bread admitted that it arranged with its competitor, Weston Foods (Canada) Inc., to increase prices for various bagged and sliced bread products, such as sandwich bread, hot dog buns and rolls.

Key Points:

Canada Bread admitted that it arranged with its competitor, Weston Foods (Canada) Inc., to increase prices for various bagged and sliced bread products, such as sandwich bread, hot dog buns and rolls.
At the time of the price-fixing, Canada Bread was under the ownership of Maple Leaf Foods.
The fine represents the maximum applicable under the law, less a leniency discount for Canada Bread's cooperation and guilty plea.
The record fine for Canada Bread is a significant milestone in the Bureau's ongoing investigation.

Clean Label, Natural Foods Drawing More Attention from Consumers and Grocery Chains

Retrieved on:

Wednesday, August 3, 2022

VANCOUVER, BC, Aug. 3, 2022 /PRNewswire/ -- USA News Group – According to a new study out of the University of Edinburgh, children are more likely to prefer foods they believe to be natural compared to lab-grown options. These findings fall in line with a March 2022 poll, showing Americans have a "trust gap" over where their food comes from and are skewing towards more natural foods diets. One Gallup poll suggested the two most popular categories of selective food choices are "Locally Grown", and "Natural", showing a majority of consumers are willing to pay more for those two options in their cart. And the trend has not been ignored by major grocery chains, including Amazon.com's (NASDAQ: AMZN) subsidiary Whole Foods, as well as Target Corporation (NYSE: TGT) and Loblaws parent company George Weston Limited (TSX: WN) (OTCPK: WNGRF). Now the clean label ingredient market is forecasted to grow to US$51.14 billion globally by 2024, while potentially growing at a CAGR of +17.5% through to 2030, consumers are signalling they're willing to pay more for clean label products from food stocks such as newly-listed Pangea Natural Foods (CSE: PNGA) and Ingredion Incorporated (NYSE: INGR).

Key Points:

These findings fall in line with a March 2022 poll , showing Americans have a "trust gap" over where their food comes from and are skewing towards more natural foods diets.
Producing foods specifically targeting these types of increasingly health-conscious consumers, recently-IPO'd Pangea Natural Foods (CSE: PNGA) has steadily grown a portfolio of healthier foods with recognizable green packaging hitting grocery aisles.
"Pangea Natural Foods has partnered with experienced food scientists to formulate its products, with a focus on delivering high quality food products to consumers," said CEO Pratap Sandhu.
"We believe the key to the Company's growth will be providing consumers with very nutritious, satisfying foods with great taste and texture."

Clean Label, Natural Foods Drawing More Attention from Consumers and Grocery Chains

Retrieved on:

Wednesday, August 3, 2022

VANCOUVER, BC, Aug. 3, 2022 /PRNewswire/ -- USA News Group – According to a new study out of the University of Edinburgh, children are more likely to prefer foods they believe to be natural compared to lab-grown options. These findings fall in line with a March 2022 poll, showing Americans have a "trust gap" over where their food comes from and are skewing towards more natural foods diets. One Gallup poll suggested the two most popular categories of selective food choices are "Locally Grown", and "Natural", showing a majority of consumers are willing to pay more for those two options in their cart. And the trend has not been ignored by major grocery chains, including Amazon.com's (NASDAQ: AMZN) subsidiary Whole Foods, as well as Target Corporation (NYSE: TGT) and Loblaws parent company George Weston Limited (TSX: WN) (OTCPK: WNGRF). Now the clean label ingredient market is forecasted to grow to US$51.14 billion globally by 2024, while potentially growing at a CAGR of +17.5% through to 2030, consumers are signalling they're willing to pay more for clean label products from food stocks such as newly-listed Pangea Natural Foods (CSE: PNGA) and Ingredion Incorporated (NYSE: INGR).

Key Points:

These findings fall in line with a March 2022 poll , showing Americans have a "trust gap" over where their food comes from and are skewing towards more natural foods diets.
Producing foods specifically targeting these types of increasingly health-conscious consumers, recently-IPO'd Pangea Natural Foods (CSE: PNGA) has steadily grown a portfolio of healthier foods with recognizable green packaging hitting grocery aisles.
"Pangea Natural Foods has partnered with experienced food scientists to formulate its products, with a focus on delivering high quality food products to consumers," said CEO Pratap Sandhu.
"We believe the key to the Company's growth will be providing consumers with very nutritious, satisfying foods with great taste and texture."

Loblaw Companies Limited Announces Election of Directors

Retrieved on:

Friday, May 6, 2022

Pharmacy, George Weston Limited, Health, Beauty, Grocery store, Security (finance), Loblaw Companies

Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer.

Key Points:

Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer.
Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services.
With more than 2,400 corporate, franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners employ more than 190,000 full- and part-time employees, making it one of Canada's largest private sector employers.
Loblaw wishes to make a correction to the press release announcing its normal course issuer bid (NCIB) of May 3, 2022.

Loblaw Companies Limited Announces Normal Course Issuer Bid

Retrieved on:

Tuesday, May 3, 2022

Well, Joe Fresh, Share repurchase, Live Life, GWL, ADP, Health, Beauty, Pharmacy, George Weston Limited, TSX, Ownership, Indian stock exchange, Exercise, Security (finance), Grocery store, Shoppers Drug Mart, Loblaw Companies

As of April 21, 2022, Loblaw had 332,947,684 outstanding Common Shares.

Key Points:

As of April 21, 2022, Loblaw had 332,947,684 outstanding Common Shares.
The maximum number of Common Shares that may be purchased pursuant to the NCIB will be reduced by the number of Common Shares purchased by Loblaw from GWL.
Purchases of Common Shares will be made in open market transactions on the TSX or through alternative trading systems.
Loblaw may also purchase Common Shares through private agreements or share repurchase programs if it receives an issuer bid exemption order permitting it to make such purchases.

George Weston Limited Announces Timing of Second Quarter Earnings Release

Retrieved on:

Friday, July 2, 2021

S&P/TSX 60, Loblaw Companies, George Weston Limited, Economy of Toronto, ONTARIO, Economy of Canada, Weston, Choice Properties REIT

TORONTO, July 2, 2021 /CNW/ - George Weston Limited (TSX: WN) will be announcing its 2021 Second Quarter Results on July 30th at 6:00AM (ET).

Key Points:

TORONTO, July 2, 2021 /CNW/ - George Weston Limited (TSX: WN) will be announcing its 2021 Second Quarter Results on July 30th at 6:00AM (ET).
This announcement will be followed by a conference call and audio webcast at 9:00AM (ET).
To access via audio webcast please select the following link:
George Weston Limited is a Canadian public company founded in 1882.
The Company operates through its three reportable operating segments, Loblaw Companies Limited, Choice Properties Real Estate Investment Trust and Weston Foods.

Loblaw Companies Limited Announces the Timing of the Second Quarter 2021 Earnings Release

Retrieved on:

Wednesday, June 30, 2021

Loblaw Companies, George Weston Limited, S&P/TSX 60, Loblaws, Retailers, Brampton, ONTARIO, Service companies

BRAMPTON, ON, June 30, 2021 /CNW/ - Loblaw Companies Limited (TSX: L) announced today thatit will release its second quarter 2021 results on July 28th, 2021 at approximately 6:30 a.m. (ET).

Key Points:

BRAMPTON, ON, June 30, 2021 /CNW/ - Loblaw Companies Limited (TSX: L) announced today thatit will release its second quarter 2021 results on July 28th, 2021 at approximately 6:30 a.m. (ET).
The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast.
To access Loblaw's second quarter conference call, please dial (416) 764-8688 or (888) 390-0546.
Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services.