Canada’s Loblaw Cos Ltd on Wednesday beat analyst estimates for quarterly profit, driven by robust sales at its namesake and Shoppers Drug Mart stores, but the retailer said demand has moderated after coronavirus-led lockdown prompted consumers to stockpile essentials.

Loblaw, which sells everything from beauty products to mobile connections, has eliminated pickup fees and lowered delivery fee as it looks to keep its grocery and drugs sales up at a time when consumers avoid venturing out amid the coronavirus crisis.

The Brampton-based company said the spike in demand seen in the last two weeks of March has since moderated. It faces pressure on sales in pharmacy and some discretionary areas of the business even as essential food categories

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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