Grocery retailer Loblaw Companies Ltd. said Friday it is buying T&T Supermarket Inc., Canada’s largest Asian food retailer, for about $225 million.
[…] Sales at T&T hit roughly $514 million in the 12 months leading up to June 30.
“Some of our customers have a nickname for us — the Asian Loblaw. Today we are proud it has become a reality,” said Cindy Lee, CEO of T&T.
I know Cindy is good but not this good! Wow! Congrats to the hard work of Cindy and her team at T&T. Here is Cindy on CBC last year.
P.S. I agree very much with this commentator’s view at CBC,
“Kraven213 (posted 2009/07/24)
If they use this to bring some of T&T into Loblaw stores, it’ll be a great thing.
If they use it to bring some of Loblaw to T&T… not so much”