US EditionWalmart Canada axing some property controls amid grocery competition scrutiny
- Walmart Canada is removing property controls related to retail competition across the country.
- The Competition Bureau is investigating property controls used by Loblaw and Sobeys for hindering grocery sector competition.
- The Bureau is ready to use new tools to ensure competition is protected.
32 Articles
32 Articles
Walmart Canada Axing Some Property Controls Amid Grocery Competition Scrutiny
Walmart Canada says it’s getting rid of property controls relating to retail competition across the country. The grocery industry’s use of property controls, which are terms baked into commercial leases that put restrictions on other tenants and their activities, has recently come under scrutiny. Walmart said Friday it decided to “unilaterally waive any competitive retail restrictions” and is in the process of notifying its landlords and other l…
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Walmart Canada axing some property controls amid grocery competition scrutiny
Walmart Canada says it's getting rid of property controls relating to retail competition across the country. The move comes as Canada's competition watchdog is investigating the use of the restrictive real estate covenants, and as two major grocers have indicated they would be open to elimin...
Walmart Canada announces that it will get rid of competitive property controls in the retail sector across the country.
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