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FCL reports $11.7 billion in sales for 2025

4 days ago

FCL reports $11.7 billion in sales for 2025

Federated Co-operatives Limited (FCL) reported sales of $11.7 billion in 2025, down slighty from $11.8 billion the year before. Net earnings for the year totalled $462 million (up from $297 million in 2024).

Loblaw continues pivot to discount

Loblaw Cos. Ltd. continues to lean into discount stores and private label products as consumers relentlessly hunt for value. "More than ever, we've seen Canadians prioritize value," said chief executive Per Bank on the company's fourth-quarter earnings call on Wednesday.

Loblaw and Flashfood save $58 million on groceries in 2025

Loblaw and Flashfood mark another successful year of impact, delivering meaningful savings to customers while advancing efforts to reduce food waste. Through the program, quality food nearing its best-before date ends up on tables instead of going to waste.

NAM report warns against policy changes

The National Association of Manufacturers (NAM) has released a new report highlighting the economic and social importance of the U.S. food and beverage supply chain, while cautioning policymakers against reforms that could undermine what it describes as a science-based system.

Campaign targets beer taxes

Beer Canada, an organization that’s been advocating for the national beer industry since 1943, points out the federal beer excise duty is set to rise again on April 1. Increases based on the inflation rate have been automatic since 2017. 

Nova Scotia's craft beer industry growing

Many in Nova Scotia’s craft brewing scene were shocked to learn that 2 Crows Brewing — one of the province’s most respected purveyors of local pints — is closing its doors next month. 

Group calls on mandatory labels for gene-edited pork

An advocacy group of farmers and environmental organizations wants Health Canada to implement mandatory labelling on pork from gene-edited pigs. Earlier this year, the federal agency approved the sale of gene-edited pigs as food. 

How AI is changing the way people shop

It’s every grocery shopper’s dream: a personal assistant that plans customized meals, finds new recipes, takes stock of ingredients and places orders at the local supermarket.

Investors are flocking to farmland

Farmers are starting to buckle under the weight of low commodity costs, high input prices and roller-coaster tariff policies, opening a path for consolidation in the sector. 

Has Kraft Heinz hit rock bottom?

Steve Cahillane’s decision to pause the Kraft Heinz Co.’s planned separation is an indicator of how the company has been managed for the past decade. In comments made Feb. 11, the company’s chief executive officer frequently came back to the topic of “underinvestment.”  

The culprit behind Loblaw’s $10K fine

The Canadian Food Inspection Agency (CFIA) has provided CBC News with new details about the $10,000 fine it issued to a Loblaw-owned Superstore last month for promoting imported food as Canadian.

How Toronto will revolutionize its school food program

Toronto Mayor Olivia Chow is a step closer to realizing one of her top priorities, after the city won an international innovation challenge that will help it create a community food hub pilot project. 

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