Loblaw's decision to freeze prices on all No Name items until January labelled a 'PR strategy'Canada's biggest grocery chain is freezing prices on all its No Name products for the next three months. Last year, a fight over higher prices briefly saw the company suspend the sale of Frito-Lay products at its stores, before the two sides came to an agreement. "We should see this as a PR gesture from a company that knows it's in the eye right now," he said of Loblaw's decision to freeze No Name prices. "The higher profits that we're seeing are largely driven by high commodity prices and high energy, oil and gas prices in particular. "Some of it is deserved ... but much of that criticism is unfair because food prices can rise for a variety of reasons beyond a grocer's control."

Source: CBC News October 17, 2022 19:25 UTC