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22.09.2009 | 20:31
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BRIEF-Loblaw exec sees tough year for retailers

TORONTO, Sept 22 (Reuters) - Loblaw Companies Ltd:

* Deputy Chairman says next 12 months will be tough for retailers' top line sales

* Loblaw's Allan Leighton says 'volume will rule, value will drive'

* Loblaw's Leighton says clarity within some of its store banners needed

((Toronto Newsroom, 416-941-8100))

(For more news about Loblaw click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

© 2009 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2009-09/15015118-brief-loblaw-exec-sees-tough-year-for-retailers-020.htm