We review Loblaw’s Q3 performance as shoppers continue to adjust their behaviours in an inflationary environment. Q3 key numbers Total revenue increased 8.3% to $17,388m Retail segment sales increased 8.2% to $17,130m, with food up 7.4% and drug up 10.3% Food retail same-stores sales increased 6.9%, with drug retail same-store sales up 7.7% Ecommerce sales increased 3.0% Adju...

Having partnered with Flashfood, a digital marketplace that connects consumers to heavily discounted food nearing its best-before date, since 2019, Loblaw has diverted 40m pounds of food from landfill and helped Canadians save more than $110m on groceries. How it works Over the last three years, Loblaw has rolled-out Flashfood’s programme to 720 company-owned and franchised stores. Using th...

Loblaw is freezing the prices of more than 1,500 products which form its ‘no name’, entry-level private label range until the end of January 2023. Canada’s second-largest food brand The retailer is launching this initiative to support Canadians facing the highest food inflation in decades. This is one of the retailer’s most successful private label ranges, typically offering savings of 25% ...