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The collapse of a garment factory in Bangladesh that killed almost 400 people was inevitable, given the management track records of countries like Bangladesh, according to Galen Weston, chairman of retail giant George Weston Limited, which owns Loblaws.

“It’s tragic. It’s tragic and it’s inevitable, I guess, in terms of the way things have been managed in some of these countries,” he said Monday.

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“It’s one of these issues around the world that needs to be resolved, and whether it’s ourselves, or whether it’s government, or whether it’s all these different countries. They need the work,” he said.

It’s tragic. It’s tragic and it’s inevitable, I guess

Seperately, Loblaw said it will be providing compensation to the workers and families of the collapsed factory. Julija Hunter said the company is still working out the details, but plans to deliver support “in the best and most meaningful way possible.”

The announcement follows a similar move by U.K. retailer Primark earlier in the day.