Money Bakery to offer free bread in exchange for bread price-fixing $25 gift cards

16:12  19 january  2018
16:12  19 january  2018 Source:   cbc.ca

Judge rules Loblaw gift card terms not misleading

  Judge rules Loblaw gift card terms not misleading TORONTO - An Ontario judge has ruled that it's too early to determine the enforceability of Loblaw Companies Ltd.'s policy that consumers who receive a $25 gift card from the company waive their right to that sum in possible future settlement money from a bread price-fixing scheme class-action lawsuit. Ontario Superior Court of Justice Edward M. Morgan dismissed a motion challenging the terms of Loblaw's gift card plan. The company announced Monday L

The company announced the measure and several other restrictions as it opened registration for the cards after its role in a bread price - fixing scheme.

“The gift card is a direct acknowledgment of that to our customers. Loblaw, George Weston Ltd. Say Grocers Fixed Bread Prices For 10 Years TORONTO — Bakery owner George Weston Ltd. says it and grocer Loblaw Companies Ltd. alerted the Competition Bureau immediately after discovering a

a piece of food: Erwin's Fine Baking is hoping its bread price-fixing gift card campaign will introduce people in the community to bread made in a local bakery.© Erwin's Fine Baking Erwin's Fine Baking is hoping its bread price-fixing gift card campaign will introduce people in the community to bread made in a local bakery.

A bakery in Kamloops, B.C., is offering customers fresh-baked bread in exchange for the $25 gift cards some large grocery stores are giving out in response to the bread price-fixing scandal. The bakery will then give the gift cards to local charities.

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Loblaw says it doesn’t plan to cap number of gift cards

  Loblaw says it doesn’t plan to cap number of gift cards Grocer clarifies policies around make-good after price-fixing scandalL

While Loblaw and George Weston, parent companies of Loblaws and Weston Bakeries , admit to participating in the scheme, they will reportedly receive immunity in exchange for Added: See also this RFD thread [Loblaws] loblaws offering $ 25 gift card for price fixing bread prices . Report Post.

Competition Bureau’s bread price - fixing probe leaves experts surprised. George Weston closing U.S. bakery ; reports profit up thanks to Loblaw is also offering eligible customers who register online at LoblawCard.ca before May a $ 25 gift card that can be used at its grocery stores across Canada.

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"It was an opportunity that I saw for us to get people to come through the door, people that may or may not have been here before, people who are starting to doubt the validity of what they're being told about the food that they're buying and what they're paying for it," said Robyn Haley, co-owner of Erwin's Fine Bakin g.

"It's a great way to collect those gift certificates and give them to the groups that we support."

Loblaws, which has been at the centre of the illegal bread price-fixing scandal, is offering $25 gift cards to customers as an apology for its involvement in the scandal.

Related video: Save-On-Foods Follows Loblaws, Offers $25 Rebate After Price-Fixing Claims

B.C.-based Save-On-Foods — though it was never part of the bread price-fixing scandal — has also offered customers a $25 gift card as a "shopping incentive."

Judge rules Loblaw gift card terms not misleading

  Judge rules Loblaw gift card terms not misleading TORONTO - An Ontario judge has ruled that it's too early to determine the enforceability of Loblaw Companies Ltd.'s policy that consumers who receive a $25 gift card from the company waive their right to that sum in possible future settlement money from a bread price-fixing scheme class-action lawsuit. Ontario Superior Court of Justice Edward M. Morgan dismissed a motion challenging the terms of Loblaw's gift card plan. The company announced Monday L

VANCOUVER — Loblaw Companies Ltd. is offering customers a $ 25 gift card as a goodwill gesture after admitting the company participated in an industry-wide bread price - fixing arrangement.

The Loblaw Cos. Ltd. bread - price - fixing controversy has prompted a major retailer in Western Canada to offer $ 25 gift cards to customers who were charged too much for bread – even though Save-On-Foods wasn't a target of Weston Bakeries is one of the bread suppliers to Save-On-Foods.

Haley saw this as an opportunity to introduce the community to a local business that makes fresh bread every day. The bakery will give out a punch card for five loaves of bread for each $25 gift card it receives.

"The processing aids that go into those frozen baked breads are really unhealthy," she said.

"People don't understand the difference for their health or in the value of what they're getting."

Erwin's Fine Baking supplies day-old bread and buns to the local First Nations Housing Authority and the JUMP program, a drop-in centre that provides meals to low-income and homeless people in Kamloops.

Haley said she's also considering contributing donated gift cards to a local school breakfast program.

Erwin's Fine Baking announced the initiative Wednesday and feedback on the Facebook post has been positive so far. Haley isn't sure how many cards they will be able to collect or how the whole idea will go over with the community, but she sees it as an opportunity to educate people on the food they eat.

"It's going to be very interesting to see if people respond to it," Haley said. "I hope the whole situation makes people step back and look at the dynamic of the food industry."

Why Loblaw Companies Ltd. Might Have a Horrible 2018 .
Loblaw Companies Ltd. (TSX:L) has endured a price-fixing scandal, minimum wage hikes, and it is now facing a tax dispute as well. Is there any reason to buy the stock?However, Loblaw could be saddled with an even bigger expense, as it is in the middle of a tax dispute with the Canadian Revenue Agency (CRA) that could cost the grocer as much as $404 million in interest and penalties. The trial is set for April 23; the CRA alleges that Loblaw used an off-shore bank account in Barbados to circumvent rules and avoid paying taxes.

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