Monday, March 29, 2010

Loblaw Companies added

The Dividend Lover portfolio needs some exposure to a retail. my pick here was Loblaws.

whenever I shop at loblaws I notice how everything is overpriced. at the same time i notice how poeple don't seem to mind. and still shop there anyway. either unwilling or unaware that they can get the same groceries for less.

Company Description:

Loblaw Companies, majority owned by George Weston, has more than $30 billion in sales and is the largest food retailer in Canada, with operations in every province.
The idea that deflation always kills earnings, or that there is intense price competition in Canada, are myths.
And of course L pays an eligible dividend.

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