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Loblaw Cos.

Loblaw president assumes more responsibilities

Loblaw president assumes more responsibilities

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

Loblaw reports solid results for first quarter

Loblaw reports solid results for first quarter

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

Loblaw sales, earnings slip in fourth quarter

Loblaw sales, earnings slip in fourth quarter

BRAMPTON, Ontario —Loblaw Cos. reported that its overall retail sales for the fourth quarter fell 1.2% to $10.72 billion (all figures Canadian), down from $10.85 billion a year earlier. Excluding the consolidation of franchises, retail sales were down 2% year over year, the company said. Food retail sales came in at $7.55 billion in the quarter ended

Jeff Leger named Shoppers Drug Mart president

Jeff Leger named Shoppers Drug Mart president

TORONTO — Jeff Leger has been named president of Shoppers Drug Mart, succeeding Mike Motz, who has been promoted to chief operating officer of SDM parent Loblaw Cos. Loblaw confirmed Leger’s appointment on Tuesday. He previously served as executive vice president of pharmacy and health care for both Loblaw and Shoppers Drug Mart stores. Prior

Loblaw ups game in-store, online

BRAMPTON, Ontario — Loblaw Cos. announced that it plans to close 22 unprofitable stores, adding that it will begin rolling out an internet-based home-delivery service starting in December. The announcements come almost a month after the company said it was cutting approximately 500 corporate and store support positions. Loblaw declined to release a list of

Loblaw Cos. shifts to single loyalty program

Loblaw Cos. shifts to single loyalty program

TORONTO — Next year, Loblaw Cos. plans to launch a unified customer loyalty program that joins the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart and supermarket chains. Called PC Optimum, the combined loyalty program will enable members to earn and redeem loyalty points across Loblaw’s network of nearly 2,500 grocery and

Jim Wonderly, vice president of strategic accounts, QK Healthcare Inc.

BELLPORT, N.Y. — His career started in high school when he began working at a Loblaw Cos. supermarket in Erie, Pa., and today Jim Wonderly is vice president of strategic accounts at QK Healthcare Inc. Wonderly credits his manager at Loblaw, Jim Mifsud, for helping to launch his career by recommending him as a health

Loblaw, SDM rejoin Neighbourhood Pharmacies

Loblaw, SDM rejoin Neighbourhood Pharmacies

TORONTO — Loblaw Cos., which as Canada’s largest food and drug retailer operates the Shoppers Drug Mart and Loblaw chains, is rejoining the Neighbourhood Pharmacy Association of Canada, the nation’s retail pharmacy trade group. Neighbourhood Pharmacies said Friday that Loblaw/Shoppers Drug Mart is returning to the association’s membership in time for one of the group’s

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

Retailer of the Year honorees receive awards

Retailer of the Year honorees receive awards

NEW YORK — Racher Press Inc., the publisher of  Mass Market Retailers and Chain Drug Review, presented its 2015 Retailer of the Year awards last evening in New York City. The annual event drew retailer and supplier executives from across the food, drug and mass channel to a ballroom at the new headquarters of Time

Loblaw wins global retail award

Loblaw wins global retail award

BRAMPTON, Ontario — One plus one equaled three when Loblaw Cos. acquired Shoppers Drug Mart (SDM). The 2014 merger made two strong companies stronger, creating a retailer peerlessly oriented around health, wellness and convenience. The pharmacy and beauty expertise of Canada’s No. 1 drug chain, blended with the capabilities of the country’s top grocer, have