Loblaw to Launch No Name Discount Banner
"Our goal is simple — providing food and essential household items across a limited range of national brands and No Name brand products at our lowest possible price," Per Bank, president and CEO of Loblaw, said in the release. "Since food inflation took off globally, we have been laser-focused on doing what we can to keep prices lower for customers, including opening more discount food locations in more parts of the country. This new test concept allows us to pass on lower prices to our customers — it's a completely different and simplified shopping experience."
"This is a test and learn project, and we're planning to listen and adjust quickly," Melanie Singh, president, Loblaw's Hard Discount Division, said in a statement. "The pilot is unchartered territory and while success isn't guaranteed, our commitment to creating value and meeting customer needs remains unwavering."