Quote:
Then, Food was down a little bit, and we are addressing that by what I mentioned in my speech
about lowering prices on 400 items, because the shift to value and discount, of course, has a slight
impact on the Food space in our Shoppers Drug Mart stores. But we’re realizing it by lowering more than
500 products by 10 percent to 50 percent, so we’ll encourage more customers to shop in our front store.
We stay confident going forward in our front store sales.
They're eliminating electronics and keeping food but lowering its price. CFO mentioned electronics "do not drive basket building". Guess people who buy food tend to get roped into buying other things but people who buy electronics tend to buy only that.