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George Weston Limited Provides COVID-19 Related Business Update
George Weston Limited Provides COVID-19 Related Business Update Canada NewsWire ...
About this update from George Weston Limited
[{"type":"text","content":"\n\n\n\nGeorge Weston Limited Provides COVID-19 Related Business Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 9, 2020\n\n\n\nTORONTO, April 9, 2020 /CNW/ - George Weston Limited (\"George Weston\" or the \"Company\") (TSX: WN) today provided an update relating to the impact of the COVID-19 pandemic.\n\n \n \n \n \n \n \n\n \nThe Company and its operating segments continue to play important roles in the current environment and have taken significant steps in response to the COVID-19 pandemic. Loblaw experienced a sharp increase in sales beginning in March and has made significant investments across its businesses to ensure that Canadians have continued access to food and pharmacy products and services in-store and on-line, and to provide a safe and secure environment in its stores and pharmacies. Choice Properties Real Estate Investment Trust recently announced that it will work with qualifying small businesses and independent tenants who have requested rent relief, on a case by case basis, with rent deferrals for 60 days. Weston Foods has rapidly responded to changes in demand from retail and foodservice customers, is taking action to ensure the reliability of its supply chain, and has enhanced its manufacturing practices to safeguard the health of its workforce and ensure the safety of its products.   \nGalen G. Weston, Chairman and Chief Executive Officer of George Weston Limited, commented that \"George Weston's businesses have responded quickly and thoughtfully in response to the COVID-19 pandemic, all with a view to supporting their colleagues, customers, tenants, suppliers and their communities. We are proud of the actions being taken at each of Loblaw, Choice Properties and Weston Foods during these unprecedented and challenging times and the extraordinary efforts of our workforce. Our group of companies will continue this important work and will continue to serve the needs of our communities and stakeholders as best as we can.\"\nWith these changes and others being implemented by the Company's operating busine...