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Market News

07Mar2008
 

SDM to Debut Organic Food Line

In the second quarter of this year Shoppers Drug Mart Corp. will debut a new line of organic products called Nativa. According to CEO Jurgen Schreiber, people are buying more organic products and they accept slightly higher prices. A pilot test of Nativa conducted in a handful of stores was successful, according to Schreiber. The line will include 170 packaged food items nationally. Source: Canadian Grocer E-Newsletter, March 7, 2008.