Canadian Retailers Cut Prices
This is a the United States news story, published by financialpost, that relates primarily to Shoppers Drug Marts news.
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•Loblaw is on a price-cutting spree to try to win back customers. Will more Canadian companies follow suit?
75% Informative
Loblaw Cos. Ltd. recently announced a plan to lower prices on some of its merchandise in Shoppers Drug Marts after front store sales declined.
Canadian Tire Corp. Ltd. , which released its third quarter earnings on Nov. 7 , highlighted a continued constraint in consumer spending.
Major retailers in the United States have pledged similar price cuts on thousands of items this year .
VR Score
77
Informative language
76
Neutral language
61
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semi-formal
Language
English
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57
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Attention-grabbing headline
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9
Source diversity
6