Loblaw news

18 April 2019
Loblaw’s drugstore business, Shoppers Drug Mart, has started to offer same-day delivery through the company’s partnership with Instacart. Builds on existing relationship with Instacart Instacart is a crowd-sourced, on-demand, online delivery service. It initially partnered with Loblaw in 2017, marking its entry into the Canadian market. Until now, the service was only available through the ...
04 April 2019
Loblaw is launching a trial digital advertising service that rewards customers with loyalty points for seeing relevant and tailored ads on third-party websites. Providing customers with more relevant digital ads This new programme will optimise data from Loblaw’s PC Optimum loyalty and rewards scheme to provide its customers with more relevant ads as they browse the internet. PC Optimum is ...
03 March 2019
We look at Loblaw’s latest initiative to reduce food waste within its stores. Piloting the programme in Quebec Loblaw is partnering with Toronto-based Flashfood, which has developed an app that enables consumers to benefit from deep discounts on surplus food at grocery retailers. The retailer has initially made the service available to customers at nine Maxi stores in Quebec. By the end of ...
25 February 2019
We review Loblaw’s fourth quarter performance and the outlook for the year ahead. Stronger traffic and basket trends Loblaw’s fourth quarter revenue increased by 2.1% to $11.1bn, with food retail same-store sales up 0.8% and drug retail same-store sales up 1.9%. It delivered a solid performance within its food business in the quarter, growing same-store sales while also increasing its margi...
15 January 2019
Loblaw is expanding the responsibilities of its president, Sarah Davis, beyond her day-to-day oversight of the retailer’s performance. Adding responsibility for finance and human resources As part of her expanded role, Davis will take full responsibility for the company’s management board. This expands her direct-reporting lines to include finance and human resources. She will continue to r...
29 November 2018
Following a pilot program launched 12 months ago, Loblaw is rolling out its PC Insiders subscription programme nationally. Targeting loyal shoppers with additional benefits The PC Insiders programme is being made available to over 16m members of the retailer’s loyalty program, PC Optimum. For an annual fee of $99, or $9.99 a month, members will have access to a range of perks, including fre...
27 November 2018
We look at the prospects for the online grocery channel in Canada as major retailers step-up their investments. Forecasting 21.0% CAGR through to 2023 Although the online grocery channel has seen an increased level of activity this year, it represents only a small proportion of the overall grocery market, estimated at 0.8%. This is forecast to grow to 1.8% by 2023, with a CAGR of 21.0% expe...
15 November 2018
We review Loblaw’s third quarter performance and how it’s investing in developing its data and ecommerce capabilities. Solid performance in third quarter Loblaw delivered a solid performance in the third quarter as it focused on delivering its commitments of stable trading, addressing cost headwinds and investing for the future. The retailer’s Q3 revenue increased by 1.8% to $14.5bn, with r...
10 September 2018
Following the appointment of Jeremy Pee to the new role of Chief Digital & Data Officer at UK-based M&S, Herman Paek is to take the lead role at Loblaw Digital. Played key role at Loblaw Digital The Canadian Grocer reported that Herman Paek has been an integral element of Loblaw’s digital journey since he joined the retailer in 2012. For most of the period, he has worked closely alongside Jer...
26 July 2018
As Loblaw reports its Q2 sales for 2018, we look at the ways in which the retailer is strengthening its business for the future. Solid Q2 results Total revenue fell by 1.4% to $10.9bn, however, retail sales grew by 1.0% during the quarter (excluding the impact of disposal of gas operations) to $10.6bn. Breaking this out further, food retail same-store sales grew by 0.8% and drug retail same...