TORONTO • It wouldn’t be out of line if those attending Loblaw Cos.’ annual general meeting of shareholders on Thursday departed with the belief that Galen Weston Jr. is getting business strategy insights from ParticipACTION.
Fresh off closing the grocery retailer’s $12.4-billion acquisition of pharmacy chain Shoppers Drug Mart, the retailer’s executive chairman spent a substantial part of the event outlining the merged retailers’ futures as destinations aimed at making people healthier.
TORONTO — Loblaw Companies Ltd is planning to build dozens of new stores and renovate more than 100 others this year, creating thousands of retail and construction jobs.
Loblaw says that overall, it will erect about 50 new stores and renovate 150 existing ones, including projects that started in January.
The stores will include both grocery stores of various banners as well as Shoppers Drug Mart locations. Loblaw is not yet releasing information on where the new stores will be located.
TORONTO — Loblaw president Galen Weston, who observed in May that consumers were getting fed up with rising food prices, now wants his company’s largest suppliers to shoulder a bigger part of the inflationary burden.
In a strongly worded letter to its large suppliers this week, Loblaw is asking the group to cut costs by 1.45 per cent for shipments received by the country’s largest grocery chain on or after Sept. 4.
TORONTO — Canada’s largest supermarket chain has big plans for expansion this year, as it increases its footprint in the competitive grocery market.
Loblaw Companies Ltd. (TSX:L) says it will build 50 new stores and renovate or improve more than 100 existing stores in 2015. The additions will be across the country, and Loblaw’s estimates it will create about 5,000 jobs at its corporate and independently-owned stores.
TORONTO • Loblaw Cos. Ltd. is committed to staying in Bangladesh and will work to improve worker safety standards after a garment factory at which Joe Fresh clothing was made collapsed last week, executive chairman Galen G. Weston said Thursday.
TORONTO — Loblaw Ltd. is starting to think a lot more like Shoppers Drug Mart, and vice versa.
A year after Canada’s biggest grocer swallowed Canada’s biggest pharmacy chain, health and nutrition is becoming an increasing focus for the food purveyor, which will soon begin to “reward” members of its PC Plus program for eating healthy food.
In the meantime, Shoppers’ Optimum loyalty is going digital and will begin to resemble PC Plus by sending targeted offers to customers based on the goods they typically buy.
Loblaw Cos. Ltd. had made renewed commitments to compensate the victims of a factory collapse in Bangladesh where its Joe Fresh garments were made.
Canada’s biggest grocery chain made the announcement on the six-month anniversary of the disaster, which killed more than 1,100 and injured 2,500.
“Loblaw 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, in 2014,” said Loblaw spokesman Bob Chant.
Loblaw Co. Ltd promises that within three and a half years microbeads and two potentially harmful chemicals will be eliminated from its cosmetic and household products — a move that environmentalists say has the company compensating for the federal government’s regulatory shortfalls.
The chain, owner of various grocery and Shoppers Drug Mart stores across the country, announced Thursday that it aims to remove triclosan and phthalates, along with microbeads, from all of its Life Brand and President’s Choice products by the end of 2018.