Loblaw news

14 September 2020
Loblaw’s PC Financial division has launched a new banking account, three years after it closed its daily chequing, savings and lending banking services. Digital-first banking service The PC Money Account forms a central element of the retailer’s payments and rewards strategic pillar. It offers consumers a simple, no-fee bank account, combined with Loblaw’s PC Optimum loyalty programme. It h...
13 September 2020
Loblaw has opened a new store in the historic West Block building in the heart of Toronto. Built in 1928, this site formerly housed the first Loblaws Groceterias warehouse. Moving the Inspire programme forward Based on Loblaw’s Inspire format programme, the Loblaws banner store is a testament to the progress which the retailer continues to make with fresh and prepared foods. The Inspire pro...
25 August 2020
Loblaw has expanded the range of meal kits for delivery available from its pcchef.ca service through partnering with a range of Toronto-based restaurants. Launched during COVID-19 pandemic Loblaw launched its PC Chef delivery service earlier this year, offering a range of meal kits available for next-day home delivery in the Greater Toronto Area. Initially, the retailer offered a range of p...
18 August 2020
The drugstore chain unveiled its first medical clinic in Toronto with plans to expand nationwide. Testing out ‘the Health Clinic by Shoppers’   Shoppers Drug Mart opened its first primary-care medical clinic called ‘the health Clinic by Shoppers’ to offer one-stop access to medical services and advice. This is the first of three clinics expected to roll out over the next year with plans to ...
24 July 2020
We review Loblaw’s second quarter results, it’s record ecommerce growth and long-term strategic direction. Key numbers Revenue increased 7.4% to $12.0bn, with retail segment sales up 7.9% to $11.8bn Food retail same-store sales were up 10.0%, while drug retail same-store sales fell 1.1% COVID-19 investments totalled $282m Operating income fell 31.3% to $404m Net earnings fell...
19 July 2020
We look at how retailers are adapting to the easing of lockdown restrictions in Canada, in-store and through their ecommerce platforms. Most provinces are making solid progress through the different phases of their re-start plans. We look at how retailers in BC are adapting, with the province recently moving into phase three of its four-phase re-start plan. Phased re-start plan As one of Ca...
17 June 2020
Loblaw has launched a temporary pop-up digital store in partnership with leading toys retailer, Mastermind Toys. Enhancing Loblaw’s third-party Marketplace The pop-up store will operate through June and July, offering a range of products from the iconic toys retailer. The range will feature within the PC Express Marketplace, Loblaw’s site for third-party sellers. While the retailer already ...
28 May 2020
Loblaw is expanding its food waste programme with Flashfood to additional stores across Canada following. Last year, the initiative helped the retailer to divert 4.6m pounds of potential food waste from landfills. Products purchased through the Flashfood app The Flashfood app enables Loblaw customers to purchase food items nearing expiration at a reduced price, with discounts of up to 50%. ...
21 May 2020
Canada’s leading food and drugstore retailer has outlined the adjustments it’s making in-store as emergency measures steadily loosen across the country. Reopening service counters Over the coming weeks, Loblaw will start to make several changes in-store. This will include re-opening service counters within its supermarket formats, including in meat, seafood and bakery. It also plans on reop...
19 May 2020
We look at Loblaw’s plans to bring back its Insiders Report this summer and how this aligns with the shifts underway due to the coronavirus pandemic. The kick-off to the seasons Loblaw’s Insiders Report is almost an institution in Canada. Historically, this has been published around the Christmas and summer seasons, showcasing the retailer’s new private label ranges and inspiring Canadians ...