Retailers/Loblaw/News

Loblaw news

16 November 2023
We review Loblaw’s Q3 results, highlight seven key takeouts and outline what they mean for the business and its trading partners. Q3 key numbers Total revenue increased 5.0% to $18,265m Retail sales increased 5.0% to $17,982m Food retail same-store sales increased 4.5%, with drug retail same-store sales up 4.6% Ecommerce sales increased 13.6% Operating income increased 7.5% t...
06 November 2023
With private label penetration approaching 30%, Loblaw is the undisputed leader in the Canadian market. We look at one of the ways it keeps ranges front of mind with shoppers. Enduring success The PC Insiders Report is used twice a year by Loblaw to showcase its latest new private label products and some of its iconic items. This year’s Holiday report showcases more than 100 new products ar...
01 November 2023
Per Bank has taken the reigns as Loblaw’s new president and CEO. We consider what changes to anticipate over the next few months. Learning and understanding the market Per Bank’s appointment was announced in April, joining the business from Denmark’s largest retail business, Salling Group A/S, where he held the position of CEO. While we would typically not expect any immediate changes with a ...
19 October 2023
Canada’s leading retailer, Loblaw, has developed its own protected gateway, enabling it to leverage the capabilities of generative AI. Text and image generation Garfield has been developed to allow the retailer’s colleagues to interact with Large Language Models (LLMs) in a safe and secure environment. The retailer wanted to leverage the potential of new and emerging LLMs such as ChatGPT an...
10 October 2023
Following meetings with Canada’s leading grocers and food manufacturers, the government has outlined five steps it will be taking to stabilise food prices, including securing commitments from the leading five chains for aggressive discounts and price freezes. Is this likely to be effective and what other measures are being taken? Grocery retailers’ commitments Canada's major grocery chains ...
02 October 2023
With Canadian immigration hitting record levels this year, we look at how leading retailers continue to adapt their offers to meet the needs of an increasingly diverse population. Record high immigration powering population growth Canada’s population over the last year has grown by over 1m people, reaching a record 40.1m in July. This is the highest rate of growth since 1957 and reflects gove...
29 September 2023
Loblaw has launched a new discount format, No Frills Plus. The retailer has adapted an existing hypermarket format, Real Canadian Superstore, for this launch. First No Frills Plus to launch This is an interesting development by Loblaw. Although a hypermarket format, Real Canadian Superstore operates as part of the retailer’s discount division, with strong value credentials. In the current e...
19 September 2023
The CEOs of five of Canada’s leading grocery retailers, Loblaw, Sobeys, Metro, Walmart and Costco have met with the country’s government as it focuses on solutions to bring down food prices. Prime Minister invitation The CEOs were invited to the meeting last week by the Prime Minister. It was led by Finance Minister, Chrystia Freeland, and Industry Minister, François-Philippe Champagne. Foo...
21 August 2023
Loblaw has launched a new retail media offering, combining key capabilities across its loyalty, retail media, data insights and analytics subscriptions and consulting services divisions. ‘Advanced powered by Loblaw’ ‘Advance powered by Loblaw’ provides brands with a single point of entry to maximise the efficiency of their investment and to better integrate loyalty tactics, omnichannel medi...
28 July 2023
Loblaw, Canada’s leading grocery and drugstore retailer, has opened its first Pharmacy Care Clinics in Ontario as the drive to expand the scope of pharmacists creates new growth opportunities. Reimagining the role of the pharmacists Several provincial health authorities in Canada have changed their regulations to expand the scope of pharmacists, in part to ease the pressure on the country’s...