Canadian retailer Loblaw is set for a battle with Wal-Mart, the world's largest retailer, following the US group's announcement that it will open up to 27 new stores in Canada by 2009 at a cost of "hundreds of millions of dollars". Key areas that Loblaw will focus on include organics, spoilage reduction and opening more No-Frills discount shops in western Canada, according to a Bloomberg report.
Wednesday 28th May 2008, 18:00 Central Time
Loblaw set for Wal-Mart fight
Two of Canada's biggest retailers will go head-to-head
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