Canada’s biggest grocer says it wants to eliminate commercial property controls in the grocery industry.
Spokeswoman Catherine Thomas says Loblaw is willing to stop using the covenants, which are terms baked into commercial leases that put restrictions on other tenants and their activities.
However, she says the company is calling on the entire grocery industry to do the same.
The Competition Bureau is currently investigating Loblaw and Sobeys’ use of property controls in the grocery sector, and has said these controls are hampering competition.
The bureau revealed its investigation in February, with deputy commissioner Anthony Durocher saying property controls can be a barrier both for independent grocery stores and larger chains, as well as for foreign grocers looking to enter the country….