Content about Loblaw Cos. Ltd

March 24, 2014

Loblaw Cos. Ltd.’s acquisition of Shoppers Drug Mart Corp. has been approved by Canada’s Competition Bureau.

New York -- Loblaw Cos. Ltd.’s acquisition of Shoppers Drug Mart Corp. has been approved by Canada’s Competition Bureau. The $12.4 billion (US$11 billion) deal is expected to close on March 28.

To win approval from the Competition Bureau, Loblaw agreed to sell 18 stores and nine in-store pharmacies.

December 7, 2012

Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust.

New York -- Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust. The retailer said it plans to spin off real estate worth more than C$7 billion ($7.05 billion) into the REIT and sell units of the trust through an initial public offering that it hopes to complete by mid-2013.

July 31, 2012

I’ll say this for Ron Johnson: He has turned staid J.C. Penney into the most talked-about retailer in the nation. The company accounted for five of the 10 most-viewed stories on this website in the first half of 2012 (see story). And industry analysts and consultants can’t stop speculating on the chain’s fortunes, in print, on the web and on television.

August 31, 2007

What were they thinking? That was my...