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Flipkart acquires parent Walmart's Indian cash-and-carry business
date:Jul 30, 2020
grocery sales up 280% at Loblaw
Grocery e-commerce sales skyrocketed at Loblaw during a second quarter that also saw a decline in profit due to pandemic-related operational costs. The Brampton, Ontario-based retailer reported that it incurred $210mln in pandemic-related costs during the second quarter ended June 13, including e-commerce investments and $134mln in pay bonuses for its 200,000 employees. Loblaw's e-commerce investments certainly are paying off for the company, which reported a 280

12/24 21:38