Two of Canada’s leading retailers, Loblaw and Walmart, are launching new programmes to provide shoppers with a range of grocery items in as fast as 30 minutes. While Walmart is adopting a more conventional model for quick commerce, Loblaw is bringing some innovation to the channel. Two launches in two days The announcements from Loblaw and Walmart Canada signal that the Canadian retail mark...

Loblaw’s Shoppers Drug Mart business has completed the acquisition of Lifemark Health Group. The company is a leading provider of outpatient physiotherapy, massage therapy, occupational therapy, chiropractic, mental health, and other ancillary rehabilitation services through more than 300 clinics across Canada. The deal is valued at CAD$845m. Growing role as a healthcare services company As...

Loblaw delivered a solid sales performance in Q1 against tough comparables from last year. But the real story is the growth in profitability, with net earnings soaring by 40%. We look at what’s behind these results. Q1 key numbers Total revenue increased 3.3% to $12,262m Retail segment sales increased 3.2% to $12,045m Food retail same-stores sales increased by 2.1%, with drug retai...