Loblaw sells 16 properties to REIT
Loblaw said Thursday that it had completed the sale of 16 of its properties to a majority owned real estate investment trust, Choice Properties. read more Supermarket News
Tag: Loblaw
Loblaw wins 2014 FICO analytics award
Loblaw Cos., Toronto, has been named winner of the 2014 FICO Decision Management Award for Analytic Excellence for its PC Plus loyalty program. read more Supermarket News
Loblaw looks to fresh; Q2 earnings drop
After battling intense retail competition in Canada from Wal-Mart and Target, Loblaw reported an earnings loss of $ 425 million (U.S.) for the fiscal second quarter. read more Supermarket News
Metro buying 2 No Frills stores from Loblaw
Loblaw will sell two No Frills discount grocery stores to rival Metro Inc. as part of a settlement with Canada’s Competition Bureau approving Loblaw’s acquisition of Shoppers Drug Mart. read … Continue Reading →
Weston named president as Trius departs in Loblaw shakeup
Loblaw said Thursday that Galen G. Weston, the company’s executive chairman, has also been named president, replacing Vicente Trius, who resigned. read more Supermarket News
Workers walking to protest Loblaw
Union workers for some Loblaw-owned stores in Quebec are walking more than 400 miles to the retailer’s headquarters in a show of determination to renew contract negotiations. read more Supermarket … Continue Reading →
Loblaw to build Cornwall DC
Loblaw is set to begin construction of a new distribution center in Cornwall, Ontario, city officials said. read more Supermarket News
Loblaw acquires ethnic independent
Loblaw said Wednesday that it had acquired Arz Fine Foods, Toronto-based retailer specializing in Mediterranean and Middle Eastern foods. read more Supermarket News
Loblaw to reduce sodium in President’s Choice by 20%
Loblaw has pledged to reduce sodium levels by 20%, on average, across 400 President’s Choice products, this year and next. read more Supermarket News
Higher costs sink Loblaw Q1 earnings
Costs associated with the acquisition of the Shoppers Drug Mart chain triggered a 39.8% decline in quarterly net earnings, while sales inched up moderately amid intense competition, Loblaw Cos. said … Continue Reading →