Loblaw aims to keep growing with U.S. clothing deal
Posted on September 17, 2012 at 10:46 AM EDT
LOBLAW COMPANIES LTD . (Toronto symbol L; www.loblaw.ca) recently formed a partnership with J.C. Penney (New York symbol JCP). Under this deal, Loblaw will build Joe Fresh casual-clothing boutiques inside 700 of Penney’s 1,100 department stores in the U.S. These outlets should open in April 2013. Penney will also sell Joe Fresh products through its website. Loblaw …