Loblaw news

06 May 2013
Loblaw has launched a new fully-digital loyalty program, PC Plus, in Ontario Loblaws banner stores. PC Plus: our view This program will provide Loblaw with an additional layer of insight on its shoppers which will enable it to focus on building loyalty and generating higher spend levels from its most loyal shoppers. It also provides the retailer with a platform with which to engage its sh...
02 May 2013
Loblaw’s first quarter retail sales increased by 3.4% to $7.0bn, with same-store sales up 2.8%. Over the same period, net earnings increased by 40.2%. Retail and supply chain investments starting to deliver These results from Loblaw represent one of its strongest quarterly performances for a number of years. They demonstrate that the investments which have been made in the retail operation...
09 April 2013
Québec based Provigo, part of the Loblaw group in Canada, is investing $100m in its store network this year to roll-out new store concepts. New flagship to be developed for the Province Loblaw's investment will be split across a number of its chains, including Provigo, Loblaws, Maxi and Maxi & Cie. Part of the investment will be allocated towards developing the new concept version of Provi...
21 February 2013
Loblaw has reported that total sales, for the full year to December 29, 2012, increased by 1.1% to $31.6bn, with net earnings down 15.5% to $650m. Retail sales increased by 0.8% to $31.0bn, with same store sales down 0.2%. Retail operating income fell by 16.1% to $1,101m. Improving trends provide confidence on strategy Although the retailer only delivered marginal sales growth, and operating...