Loblaw CEO 'cautiously optimistic' about grocery code of conduct
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Loblaw Cos. Ltd.'s new chief executive said he's “cautiously optimistic” that the company will be able to come to an agreement on the grocery code of conduct. “Where it's going to land, I'm of course not sure, but I'm more optimistic now than before that we can land an agreement on the code,” Per Bank told a conference call discussing Loblaw's first-quarter earnings Wednesday. The grocer has been one of two major holdouts on the code, which is intended to promote fair dealings in the...

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