Loblaw news

19 September 2014
Loblaw has unveiled a new brand position for President’s Choice, Canada’s leading consumer packaged brand, and the retailer’s primary private label. Modernising the brand to reflect Canadian food values This new campaign, launched with the ‘Crave More’ strapline, represents further evolution of the 30 year old brand. Loblaw is building the proposition around encouraging customers to “...
25 August 2014
Loblaw is to open a third smaller-format discount store under its ‘Box’ banner in Hamilton, Ontario. Meeting shoppers’ value and convenience needs Based on its successful ‘No Frills’ soft discount store format, ‘Box’ is Loblaw’s new hard discount concept. It aims to offer a value-led, quick and convenience shopping experience through an EDLP pricing model, small store format, and an edited ...
11 August 2014
Shoppers Drug Mart has launched a new beauty-focused flagship store in Vancouver. Upscale beauty experience Located in the heart of the city, the store occupies a prominent position in one of the key shopping districts, adjacent to other premium-focused retailers. This is the third store which the company has opened which features an elevated beauty experience. The 3,500 sq ft ‘beautyBOUTI...
28 July 2014
Loblaw’s second quarter revenue increased by 37.1% to $10.3bn, versus the same period last year, impacted by the acquisition of Shoppers Drug Mart. Excluding the impact of this transaction, Loblaw achieved a total revenue of $7.7bn, representing an increase of 2.4%, boosted by same sales growth of 1.8%. Customer-led focus a clear winner Excluding Shoppers Drug Mart, revenue for the retail bu...
22 July 2014
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of our favourites from the stores we visited in the first half of 2014. HyperCITY, Mumbai, India Selected by Nick Miles, Asia-Pacific Region Manager One of the most innovative modern trade retailers in India, HyperCITY is pushing the boundaries of format development. Pr...
18 July 2014
Galen G. Weston, chief executive chairman of Loblaw, has been appointed the new president of the Canadian retailer, as Vicente Trius leaves the company for family reasons.  This comes as Loblaw completes a senior management shake-up. Weston to steer Loblaw’s strategic direction Weston will be responsible for steering the strategic direction of the company, as well as leading the ...
08 May 2014
Loblaw has announced it has acquired Toronto-based Arz Fine Foods, a Middle-Eastern grocery retailer and bakery operator. Arz Fine Foods to operate as division of Loblaw Arz Fine Foods is a well-established, Middle Eastern focused supermarket.   Vicente Trius, Loblaw’s President and CEO, believes the partnership with the retailer will increase its global offering to Canadian customers. Lobl...
30 April 2014
Loblaw’s first quarter revenue increased by 1.2% to $7.3bn, with retail same-store sales up 0.9%. Adjusted net earnings over the period increased by 3.7% to $139m. Drive top line investments through supply chain efficiencies Loblaw delivered a solid first quarter with same-store sales growth accelerating marginally versus the previous quarter. The business continues with its strategy to re...
07 April 2014
Within a week of completing the acquisition of Shoppers Drug Mart, the first private label product from Loblaw’s President Choice range has been introduced into the drugstore’s grocery offer. President’s Choice unifies retail banners Loblaw has chosen to use its iconic ‘Decadent’ chocolate chip cookie product to highlight to shoppers that changes are starting to be implemented following ...
28 March 2014
Loblaw has completed its acquisition of Shoppers Drug Mart, in a deal which brings together Canada’s largest grocery retailer and largest drugstore operator. Sets the long term strategic direction of the company This deal creates a retailing powerhouse, with combined sales of around $43bn, from a network of almost 2,500 stores. The acquisition is strategically important for Loblaw as it s...