Loblaw said its internal food price index at its food stores

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Prada Handbags Ltd. Reported net earnings of $230 million, or 57 cents per share, compared with earnings of $193 million (47 cents) in the first quarter of 2016, as the retailer absorbed the sales flattening impact of food price deflation on its revenue.Adjusted net earnings per share in the period ended March 25 were 90 cents, beating average analyst estimates of 87 cents, according to Thomson Reuters.Revenue rose 0.2 per cent to $10.4 million, and same store sales, an important measure of retail performance stripping out added volume from square footage increases, fell 2.1 per cent at Loblaw stores, excluding gas bar sales.At Shoppers Drug Mart, same store sales rose 0.9 per cent overall, with pharmacy sales growing 1.3 per cent and front of the store sales growing 0.6 per cent.Last week, rival grocer Metro Inc. Reported a 10 per cent rise in profit and a 0.3 per cent increase in same store sales in the quarter ended March 11.Loblaw said its internal food price index at its food stores was relatively flat in the quarter Prada Bags Replica, compared with quarterly national food price deflation of 3.9 per cent in the period as measured by the Consumer Price Index.”We would describe Loblaw’s first quarter as positive, as it was moderately better than expected,” analyst Peter Sklar of BMO Capital Markets wrote in a note to clients.”We attribute the better than expected results to strong grocery performance, with slightly better than expected deflation” as the retailer’s margins improved.Islamophobes view themselves as victims Prada Replica, even as they defend bigotryIslamophobia’s apologists have become masters at changing the subject away from their own irrational.Guest column: Not closing Matchette the right call, but forget the big box storesWhen Coco Group proposed a big box development at Matchette Road and Sprucewood Avenue, I opposed it.Henderson: Sculptor relieved Brock Tecumseh monument going in roundaboutWindsor sculptor Mark Williams Prada Bags Replica, the creative genius behind the Brock Tecumseh monument replicapradabagsonsale.com, breathed a sigh.Update: Flex N Gate workers vote in favour of new contractFlex N Gate workers will vote on a new ratification agreement on Sunday that, if passed, will end strike Prada Handbags.

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