Canada news

20 November 2019
Metro delivered a strong performance in Q4. We review the key drivers and its plans for the year ahead. Top-line results Metro’s fourth quarter sales increased 3.3% to $3.9bn. Food same-store sales increased by 4.1%, with pharmacy same-store sales up 3.4%. Net earnings increased 15.4% to $167.4m. For the full year, sales increased 16.6% to $16.8bn. Excluding the impact of the acquisition of...
18 November 2019
The latest results from Walmart and Loblaw indicate a challenging time for non-food categories in Canada. We look at what this could mean for the future of the hypermarket in the country. Popular with Canadian shoppers Walmart and Loblaw account for almost all hypermarkets trading in Canada, over 500 stores in total. Offering a blend of food and non-food items, it has been a popular forma...
14 November 2019
We review Walmart's third quarter results and the outlook as it moves into its most important trading period. Walmart's key numbers Walmart's total revenue in Q3 increased by 2.5% to $128.0bn Sales in its US stores increased by 3.2% and by 0.7% at Sam’s Club US comp store sales increased by 3.2%, and by 6.6% on a two-year stacked basis US ecommerce sales increased 41% Sam’s C...
13 November 2019
We review Loblaw’s third quarter performance and its plans to drive stronger growth in its food business. Top line results Loblaw’s third quarter retail revenue increased by 2.2% to $14.4bn. Revenue through its drugstores increased by 4.3% with food retail revenue up 1.5%. On a same-store sales basis, drug retail was up 4.1% and food retail up 0.1%, or by 1.0% accounting for the shift in th...
13 November 2019
Loblaw becomes the latest retailer to partner with Takeoff Technologies to automate in-store grocery ecommerce picking. Adding capacity to the PC Express service Loblaw is investing in its PC Express grocery ecommerce service by building an automated picking facility within one of its stores in the Greater Toronto area. The partnership with Takeoff Technologies is expected to launch next ye...
30 October 2019
Amazon Business and Business Prime are now available in Canada, offering industry supplies to businesses, as well as institutions including schools, hospitals and governments. A go-to source for industry supplies Amazon Business provides industry supplies to businesses, as well as institutions including schools, hospitals and governments. Launched in 2015 in the US, the business service now...
28 October 2019
Loblaw’s drugstore business, Shoppers Drug Mart, is partnering with SmileDirectClub, Inc. to test the company’s SmileShop concept. This will be piloted within two drugstores initially in the Ontario market. Lowering healthcare costs SmileDirectClub operates SmileShops in 300 locations in the US, Canada, Australia, New Zealand, the UK and Ireland. It expanded into Canada last year, with Smil...
28 October 2019
Loblaw has opened a new store-front, PC Express, in downtown Toronto where customers can pick up their online grocery orders. Over 700 pickup points across Canada Loblaw is the leading online grocery ecommerce retailer in Canada. Over the last few years it has developed a network of over 700 pickup points and launched an on-demand delivery service in partnership with Instacart. While most o...
23 October 2019
Sobeys is partnering with Caper to test an intelligent shopping cart at a store in Oakville, Ontario. Removing customer friction The ‘Smart Cart’ has been developed to enable shoppers to bypass the traditional checkout lane, one of the key friction points within shopping trips. The cart’s technology scans and weighs products as customers place them inside. It keeps a running tally of purcha...
07 October 2019
Sobeys’ parent company, Empire, has formed a partnership with the Canadian Olympic Committee, enabling its family of brands to become the official grocer of Team Canada. Raising awareness of its family of brands This is the first time that a national grocer has formed a partnership with the Canadian Olympic team. The deal will help the retailer, which operates under a range of banners inclu...