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Loblaw reveals 2016 capital spending plan

Loblaw reveals 2016 capital spending plan

BRAMPTON, Ontario — Loblaw Cos. on Tuesday unveiled details of a capital spending plan for 2016 that calls for building about 50 stores, renovating 150 stores, expanding and updating its e-commerce capabilities, bolstering its supply chain and upgrading its information technology infrastructure. The company, Canada’s largest supermarket and pharmacy operator, said it has allocated about