二億元的李師奶 – T&T for $225 million

From CBC,

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”

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