Loblaws Bread "Scandal"

If you donate your card outright the food bank can only use the funds at a retail level. Instead if you take that gift card and use it yourself then send your local food bank the $25 you just spent they will be able to generate a lot more by purchasing items wholesale using the cash/cheque.

Pass this method on. I agree it's a great thing to donate the funds to the food bank, let's just do it in a way that generates the biggest bang for the buck.
 
If you do want to get food for the food bank, I would check with them to see what they want/need. My office did this last year, and the food bank said that rice and beans were staple foods that were always needed. As a result, my office delivered a literal metric tonne of rice to them.
 

If you donate your card outright the food bank can only use the funds at a retail level. Instead if you take that gift card and use it yourself then send your local food bank the $25 you just spent they will be able to generate a lot more by purchasing items wholesale using the cash/cheque.

Pass this method on. I agree it's a great thing to donate the funds to the food bank, let's just do it in a way that generates the biggest bang for the buck.
Foodbanks in smaller communities do give out grocery gift cards for getting perishable foods so it is worth asking if they would like the cards. This is why certain grocery stores don't allow you to use gift cards to buy anything other than food (no gift card churning allowed)
 
My mother who helps the bank in Wasaga Beach gives out GC, but always looking for toiletries. Loves the small bottles and soaps from the resorts and hotels.
She says though that they dont need any pickles or relish right now. Go figure.
 
I must live under a rock! This is the first I’ve seen of this!
 
Just to put a slightly different spin on the topic...
Registration is open this morning and you have to consent to not participating in a class action suit to get the gift card. So while it may appear to be a generous offer, it’s most definitely an attempt to protect themselves from lawsuits. And they should be afraid.. we are talking 14 years of illegal activity to line their pockets and empty ours. While I honestly had no intention of participating in a class action lawsuit (hadn’t even thought of it), I am reluctant to sign away legal rights to anything for $25.
 
Guess I’ll need to read the legalese. You can still sue Sobeys and Metro and Longos, I suppose, if the collusion is proven. Not that I plan to.
 
Just to put a slightly different spin on the topic...
Registration is open this morning and you have to consent to not participating in a class action suit to get the gift card. So while it may appear to be a generous offer, it’s most definitely an attempt to protect themselves from lawsuits. And they should be afraid.. we are talking 14 years of illegal activity to line their pockets and empty ours. While I honestly had no intention of participating in a class action lawsuit (hadn’t even thought of it), I am reluctant to sign away legal rights to anything for $25.

How would millions of people participate in a Class action lawsuit? Would, say, 1 million people split a set amount of money ("damages")?
 
Yes that would be the case and after the lawyers took their cut there not be a huge amount left for the average person. I believe the wording I read re Loblaws was that you would be able to join the lawsuit against Loblaws and that your share of the payout would be reduced by the $25 they gave you on a gift card (my interpretation)

What concerns me more than any of this is the information you have to enter on the form and then trust Loblaws to keep secure. I know a lot of this information is already "out there" but having this all in one place ready for some hacker to take advantage of causes me concern. Is it worth $25? Food for thought.
 
How would millions of people participate in a Class action lawsuit? Would, say, 1 million people split a set amount of money ("damages")?
Yes, that’s basically how it works. There would be a sign up somewhere down the road for the suit .There are a few that have been started I believe. Loblaws is hedging their bets here that they will lose less money by handing out the gift cards than they would lose if everyone waits for a suit. Hence the part where we have to release our right to participate in the suit.
 
How would millions of people participate in a Class action lawsuit? Would, say, 1 million people split a set amount of money ("damages")?
Essentially, yes. So if a million people participated in a $10 million lawsuit, and won, they'd get $10 each minus legal fees. It's probably not that clear cut, but that is the gist of it.

So I took a look at the Loblaw Card FAQ and there is this tidbit:
upload_2018-1-8_8-50-49.png
(Highlighted No was me and my "skilled" use of the Snipping Tool) So if you were concerned about being denied the ability to participate in a hypothetical Class Action lawsuit, worry no more?
 
Essentially, yes. So if a million people participated in a $10 million lawsuit, and won, they'd get $10 each minus legal fees. It's probably not that clear cut, but that is the gist of it.

So I took a look at the Loblaw Card FAQ and there is this tidbit:
View attachment 293133
So if you were concerned about being denied the ability to participate in a hypothetical Class Action lawsuit, worry no more?
Interesting. So you could still participate in the suit. I have ZERO faith that this gift card offer is out of the kindness of their hearts, so there’s got to be an angle IMO. Maybe it’s just trying to generate “goodwill”. Maybe they believe if they offer this card ahead of the suit more people will forgo the suit because their perception of Loblaws will be changed.
 
Keep in mind also that it is going to be years... before anyone will see anything from any class action suit and the amount per person may not be as significant as once might hope once all the fees are paid.
 
There’s also a chance that the angle is that by providing restitution with the $25 gift card ahead of the suit, they hope that there will be some leniency in the judgment against them. They’ve been hit with two One Billion dollar lawsuits thus far.

I am far less interested in the amount I will receive than I am in making sure that they are held accountable for dishonest business practices. I mean at the top of the thread we are very rightly talking about donating this amount to the food banks. The poor and people who can barely afford food were some of the very people who they hurt with their price fixing in the first place.
 
Interesting. So you could still participate in the suit. I have ZERO faith that this gift card offer is out of the kindness of their hearts, so there’s got to be an angle IMO. Maybe it’s just trying to generate “goodwill”. Maybe they believe if they offer this card ahead of the suit more people will forgo the suit because their perception of Loblaws will be changed.
With Big Corporations, i usually suspect there is an ulterior motive at play. It's usually not malicious, but I can't see them doing something that they didn't think was beneficial for the company.

Keep in mind also that it is going to be years... before anyone will see anything from any class action suit and the amount per person may not be as significant as once might hope once all the fees are paid.
Yep. If you're looking to get a payout, you're better off playing the lottery than going in on a class action lawsuit against a big company.
 
they hope that there will be some leniency in the judgment against them
With Big Corporations, i usually suspect there is an ulterior motive at play. It's usually not malicious, but I can't see them doing something that they didn't think was beneficial for the company.

For anyone who has worked for Loblaws...especially anyone who is NOT a union worker...knows their true nature. They are a greedy big corporation who want to look like they sympathize with the every day person...but are looking to line the pockets of the big wigs. Their greed is huge and they will get it from the hard stressed front line workers who deal with the public to make the company look good.

Now if someone could make it show how the huge energy companies fix the prices of gasoline/diesel :rolleyes1
 
Yes that would be the case and after the lawyers took their cut there not be a huge amount left for the average person. I believe the wording I read re Loblaws was that you would be able to join the lawsuit against Loblaws and that your share of the payout would be reduced by the $25 they gave you on a gift card (my interpretation)

What concerns me more than any of this is the information you have to enter on the form and then trust Loblaws to keep secure. I know a lot of this information is already "out there" but having this all in one place ready for some hacker to take advantage of causes me concern. Is it worth $25? Food for thought.
You may have gleamed from me over the last few years that I live firmly in the bunker of paranoia over certain info being "out there" but for this offer i didn't need to enter anything more than i do for all of the loyalty programmes I belong to ... I sign up for any and everything that will give me B-Day treats. This past November i snagged :burgers from The Works, South St, Harveys, Wendy's, Big Smoke, Pizza from Blaze, free brownie from Earl of Sammie (oddly my b-day is January with them :P ), ice cream from Baskin Robins, an entire breakfast from Perkins AND a $15.00 gift card from Hudson Bay.

CRA and Equifax were both hacked last year and THAT info is a tad more worrisome floating around IMHO. I think we're ok to get a $25.00 gift card and pass it on to others who can really benefit!
 





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