BRAMPTON, Ontario — Loblaw Cos. reported revenue of $12.76 billion (all figures Canadian) for the fourth quarter of fiscal 2021. This represented an increase of 2.8% (adjusted) when compared to the fourth quarter of 2020. Retail segment sales were $12.49 billion, up 2.6% when compared to the fourth quarter of 2020. Food retail (Loblaw) same-store sales increased
BRAMPTON, ON — Loblaw president Sarah Davis will retire from her post on May 6, the company said on Tuesday. She will be succeeded by executive chairman, Galen Weston, who will become chairman and president in addition to his current role as chairman and CEO at Loblaw parent company George Weston Limited (GWL). Weston previously
BRAMPTON, Ontario — Loblaw Cos. said its president Sarah Davis will assume expanded responsibilities. In addition to day-to-day oversight of the company’s business performance, she adds full oversight for the 13-member management board and expands her direct-reporting lines, with the addition of finance and human resources. She will continue to report to Galen Weston, who becomes
BRAMPTON, Ontario — Loblaw Cos. announced its unaudited financial results for the first quarter ended March 24, 2018. “In the face of external headwinds, we delivered solid results, increased dividends, continued share buybacks, and invested in our digital future,” said Galen Weston, chairman and chief executive officer of Loblaw. “As the retail landscape changes, we are
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