News

Loblaw Acquires T&T Supermarket

July 27, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

Brampton, Ontario-based Loblaw Cos. announced its agreement to purchase T&T Supermarket Inc., Canada’s largest Asian food retailer, for CAN$225 million (US$228.1 million), with certain adjustments to be made at closing. Richmond, British Columbia-based T&T, which operates 17 stores in British Columbia, Alberta and Ontario, as well as four distribution centers (three in Vancouver and one in Toronto), offers a robust supply of Asian Food with an emphasis on fresh and ready-to-eat meals. Closing of the transaction is expected prior to the year’s end.

“We are delighted with this acquisition,” said Galen G. Weston, executive chairman at Loblaw. “T&T’s talented management team and colleagues have developed what we believe are the best Asian stores in Canada, which will be used to help Loblaw extend its ethnic offering to better serve Canada’s largest growing customer segment.”

Did you enjoy this article? Click here to subscribe to Private Label Buyer.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

September 2014 New Food Products

This month's new food products include cane sugars, barbeque sauce, condiments in squeeze bottles, cinnamon snack seasoning, and jalapeno tzatziki, ice cream, herb toasts, corn puffs, instant coffee, coconut water, and a water enhancer.

Podcasts

Coming with a clear, comprehensive plan was the key to success for Longo Brothers Fruit Markets when the grocer decided to roll out a two-tier private label strategy, Jenny Longo and Robert Koss tell PLBuyer editor Chris Freeman in this podcast.

More Podcasts

Private Label Buyer Magazine

PLB September 2014 cover

September 2014

The September 2014 issue of Private Label Buyer includes a convenience channel update, as well as category insights on frozen store brand trends and health and beauty items. Check it out today!

Table Of Contents Subscribe

Private Label Segments

Which segment of private label will see the biggest growth over the next year?
View Results Poll Archive

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

PLB Marketplace

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40pxgoogle+ icon 40px