Loblaws shares hit record high amid Canada-wide boycott

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Loblaws News

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Tens of thousands of Canadians may be proudly taking part in a boycott of Loblaws-owned stores this month in an effort to get the grocer to lower i...

— show how, in the Dalhousie University food distribution professor's words,"the market doesn't care" about consumer criticisms of the company's practices.

A quick Google search does show that the publicly traded stock is at an all-time high price of $155.48 as of May 6 after a steady rise from a five-year low of $62.58 in February of 2021.While Charlebois, whose past research has benefited from Weston Foundation grants , has his fair share of online supporters,to say that it feels too early on in the month to be able to tell if the consumer demonstration is having any effect on things.

Boycott Shares Profits Grocery Prices Food Inflation Toronto Ontario Canada

 

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