Maybe Galen Weston is a better salesman than people thought.
Loblaw Companies Ltd. posted a 32.5 per cent jump in its third-quarter earnings, thanks in part to a 3.5 per cent rise in sales, the company said Thursday.
And part of the credit for that strong quarterly performance might be due to the bespectacled billionaire and his "aw shucks" television ads, trying to lure customers back to the grocery chain.
"Third-quarter performance showed some signs of progress towards our goal of becoming an effective selling organization," said Weston, who doubles as Loblaw's executive chairman.
Read the rest of the story....
Loblaw Companies Ltd. posted a 32.5 per cent jump in its third-quarter earnings, thanks in part to a 3.5 per cent rise in sales, the company said Thursday.
And part of the credit for that strong quarterly performance might be due to the bespectacled billionaire and his "aw shucks" television ads, trying to lure customers back to the grocery chain.
"Third-quarter performance showed some signs of progress towards our goal of becoming an effective selling organization," said Weston, who doubles as Loblaw's executive chairman.
Read the rest of the story....
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