Canada
November 3, 2006
Source:
money.canoe.ca via
BioFach newsletter
Wal-Mart Canada is preparing to shake up the country's
billion-dollar organic grocery trade with sharper competition
and lower prices. Wal-Mart has issued an open call to Canadian
product suppliers – especially vendors of fresh food and
eco-friendly wares – to help stock its existing 272 Canadian
discount stores and seven planned Ontario super centres. Organic
foods are booming with growth estimated at between 15 and 20 per
cent per year. Wal-Mart is planning to offer a wide array of
organic products.
With about one million Canadians
shopping at a Wal-Mart store every day, the retailer has the
potential to revolutionize the sector. Canada imports between 80
to 90 per cent of the organic foods consumed domestically and
the federal government is under increasing pressure to introduce
national standards to regulate and certify products.
Source:
money.canoe.ca via
BioFach newsletter
http://money.canoe.ca/News/Other/2006/10/15/2032668-cp.html
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