Canadian retailer Loblaw Companies Q4 FY20 sales grow 7%

Loblaw Companies Ltd, a Canadian food retailer (also retails apparel brands), posted 7.1 per cent sales growth to $12.4 billion (Canadian dollars) in its fourth quarter (Q4) FY20 ended on January 2, 2021 compared to sales of $11.5 billion in same period previous fiscal. Operating income for Q4 rose