Shares of
Empire Co. Ltd. were
down six per cent on Wednesday
amid news it's planning to convert up to a quarter of stores in Western Canada to its discount FreshCo banner as it struggles with industry challenges and increased labour costs. The company made the announcement after it posted a loss in its latest quarter as it was hit by
restructuring costs, and said it would incur increased labour costs starting at the end of the third quarter of fiscal ...
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