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Loblaw to compensate Bangladesh collapse victims

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October 24, 2013 02:51 PM EST | AP


TORONTO (AP) — Canadian grocery giant Loblaw Companies Ltd. says it will provide long-term financial assistance to the surviving victims and families affected by a deadly factory collapse in Bangladesh.

The company said Thursday they "will begin providing long-term, direct financial compensation for the victims and their families that were producing our apparel at the New Wave Style factory in Rana Plaza," one of five manufacturing plants in the Dhaka plaza that collapsed, killing more than 1,100 workers on April 24.

The factory produced clothing for Loblaw's Joe Fresh clothing line.

Loblaw did not disclose the amount of compensation to be provided.

Loblaw has also joined with British clothing retailer Primark to provide financial assistance to workers of all retailers in the factory plaza.