Loblaw Companies Limited operates several grocery chains under the Loblaws and other banners.Recently, they have been expanding the amount of household goods, such as dishes, home décor items and furniture that they carry in order to meet the increasing competitive threat from Wal-Mart, who carries grocery items in addition to their broad product line.How would you expect this shift in Loblaw's product line to have affected their inventory turnover? Why?

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The Answer of Loblaw Companies Limited operates several grocery chains under the Loblaws and other banners.Recently, they have been expanding the amount of household goods, such as dishes, home décor items and furniture that they carry in order to meet the increasing competitive threat from Wal-Mart, who carries grocery items in addition to their broad product line.How would you expect this shift in Loblaw's product line to have affected their inventory turnover? Why?

Loblaw Companies Limited Operates Several Grocery Chains Under the Loblaws