Consumer Trust In Grocers Tumbles After Bread-Price-Fixing Scheme: Study
March 21, 2018 | 1 min to read
Consumers have less faith in food retailers today than before Loblaw Cos. Ltd. disclosed it had been part of what it called an industrywide conspiracy to fix the price of bread, a study shows.
Consumer trust in Loblaw, the country's largest supermarket retailer, tumbled by 10 per cent while overall trust in grocery chains dropped 6.31 per cent, the study by Dalhousie University's faculty of management says.
Sobeys Inc., the second-largest grocer in Canada, saw consumer trust in it rise a little, by 1.6 per cent, the study found. Sobeys, among grocers targeted in the Competition Bureau inquiry into bread-price fixing, has said it has seen no evidence that it violated competition laws.
To read the rest of the story, please go to: Globe & Mail