Content about Loblaw Companies Limited

July 21, 2014

Loblaw Companies Ltd., owner of the Joe Fresh brand, has promoted Mario Grauso to president of Joe Fresh.

Toronto - Loblaw Companies Ltd., owner of the Joe Fresh brand, has promoted Mario Grauso to president of Joe Fresh. He was previously COO of the brand.

In his new role, Grauso oversees business strategy, operations, marketing, international development, merchandising, sourcing and design functions at Joe Fresh.

 

July 2, 2014

Loblaw Companies Ltd. has selected the SAP Store Device Control by GK software solution marketed by SAP.

Toronto – Loblaw Companies Ltd. has selected the SAP Store Device Control by GK software solution marketed by SAP. This product offers the infrastructure to control stores in an omnichannel commerce architecture.

GK Software US Inc. will handle the implementation of the software in this project.
 

 

June 6, 2014

Loblaw Companies Ltd. and LoyaltyOne's Precima merchandising/marketing solutions provider are renewing and expanding their long-term engagement. Precima has been working with Loblaw for a number of years with a focus on developing and executing customer-centric merchandising and marketing strategies.

Toronto, Canada — Loblaw Companies Ltd. and LoyaltyOne's Precima merchandising/marketing solutions provider are renewing and expanding their long-term engagement. Precima has been working with Loblaw for a number of years with a focus on developing and executing customer-centric merchandising and marketing strategies.

February 20, 2014

Loblaw Companies Ltd. and its affiliates, the owners of Joe Fresh, have signed three separate partnership agreements that bring the brand into 23 new countries.

Toronto - Loblaw Companies Ltd. and its affiliates, the owners of Joe Fresh, have signed three separate partnership agreements that bring the brand into 23 new countries. The agreements cover markets in the Middle East, North Africa, Europe, and South Korea.

July 24, 2013

Loblaw Companies Limited reported higher earnings and revenue in the second quarter of fiscal 2013 as compared to the same period in fiscal 2012.

Brampton, Ontario -- Loblaw Companies Limited reported higher earnings and revenue in the second quarter of fiscal 2013 as compared to the same period in fiscal 2012. Lolbaw’s net earnings for the quarter totaled USD $173.2 million, up 14% from $151.8 million.

The retailer reported revenues of $7.31 billion, a 2% increase from $7.18 billion a year earlier. Same-store sales improved 1.1%.

July 15, 2013

Loblaw Companies Limited announced it will acquire Shoppers Drug Mart in a deal worth about $11.9 billion, merging the Canadian grocery and drug retailers.

Brampton, Ontario – Loblaw Companies Limited announced it will acquire Shoppers Drug Mart in a deal worth about $11.9 billion, merging the Canadian grocery and drug retailers. Shoppers Drug Mart will retain its name and brand and operate as a separate division of Loblaw while expanding its product offerings to include Loblaw's private label and convenience food products. Shoppers Drug Mart gives Loblaw entry into the small urban store sector.

January 23, 2013

Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.

New York -- Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.

On Tuesday, Metro announced it was selling off nearly half its stake in Couche-Tard Inc. for $482 million.

In December, Loblaw announced plans to spin off the vast majority of its property assets into a real estate investment trust.

 

September 18, 2012

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

May 16, 2012

Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.

New York -- Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.

The terms of the transaction, which is expected to be completed by the end of third quarter, were not immediately available.

In April, Nash Finch completed the acquisition of the 12-store Bag ’N Save supermarket chain.
 

May 2, 2012

Canadian grocery chain Loblaw Cos. reported that net income for the first quarter plummeted 22% to $128 million, compared with $156 million in the year-ago period.

Brampton, Ontario -- Canadian grocery chain Loblaw Cos. reported Wednesday that net income for the first quarter plummeted 22% to $128 million, compared with $156 million in the year-ago period. The country’s largest food retailer was squeezed by higher costs and heightened competition as Wal-Mart Stores continues its march into Loblaw territories.

Revenues for the quarter edged up .9% to $7.02 billion. Same-store sales dipped 0.7%.

April 4, 2012

Loblaw Companies Limited has transformed the famed Maple Leaf Gardens in Toronto — an iconic Canadian landmark and former home of one of the most famous hockey arenas in North America — into the ultimate upscale supermarket destination.

Loblaw Companies Limited has transformed the famed Maple Leaf Gardens in Toronto — an iconic Canadian landmark and former home of one of the most famous hockey arenas in North America — into the ultimate upscale supermarket destination. Massive in scope and ambition, the 85,000-sq.-ft. store more than lives up to its billing as “Toronto’s new crown jewel of food stores.”

April 4, 2012

Loblaw Companies Limited has transformed the famed Maple Leaf Gardens in Toronto — an iconic Canadian landmark and former home of one of the most famous hockey arenas in North America — into the ultimate upscale supermarket destination.

Loblaw Companies Limited has transformed the famed Maple Leaf Gardens in Toronto — an iconic Canadian landmark and former home of one of the most famous hockey arenas in North America — into the ultimate upscale supermarket destination. Massive in scope and ambition, the 85,000-sq.-ft. store more than lives up to its billing as “Toronto’s new crown jewel of food stores.”

February 7, 2012

Supervalu said that will reduce its national work force by approximately 800 positions as part of its long-term turn-around strategy and ongoing efforts to reduce costs.

Minneapolis -- Supervalu said Tuesday that will reduce its national work force by approximately 800 positions as part of its long-term turn-around strategy and ongoing efforts to reduce costs. The reductions include both current positions and open jobs that will not be filled.

October 21, 2011

Joe Fresh, the Canadian value-priced apparel brand, has opened its first permanent U.S. store, in Bridgewater Mall, Bridgewater, N.J., and another in Roosevelt Field Mall, Garden City, N.Y.

Toronto -- Joe Fresh, the Canadian value-priced apparel brand, has opened its first permanent U.S. store, in Bridgewater Mall, Bridgewater, N.J., and another in Roosevelt Field Mall, Garden City, N.Y. The company will make its New York City debut, in Manhattan’s Flat Iron District, on Nov.3. A second store will open in spring, on Fifth Ave.

In addition, the retailer is opening two Joe Fresh Holiday Fashion pop-up stores in Manhattan. (This past summer, the brand operated a summer pop-up in East Hampton, N.Y.)

July 22, 2010

Canadian drug store retailer Loblaw Cos. reported Thursday that total sales for the quarter ended...

June 17, 2010

Loblaw supermarket announced Thursday it would issue about $340 million in medium term notes, according...

January 27, 2010

Dalton Phillips, COO of Loblaw Cos., is leaving the company to take the chief executive...

October 19, 2009

Grocer Loblaw Cos. and Canadian biogas company StormFisher Biogas have agreed to convert all of...

August 29, 2007

Brampton, Ontario, The...

March 29, 2005

Toronto, Loblaw announced...