Loblaw news

25 February 2019
We review Loblaw’s fourth quarter performance and the outlook for the year ahead. Stronger traffic and basket trends Loblaw’s fourth quarter revenue increased by 2.1% to $11.1bn, with food retail same-store sales up 0.8% and drug retail same-store sales up 1.9%. It delivered a solid performance within its food business in the quarter, growing same-store sales while also increasing its margi...
15 January 2019
Loblaw is expanding the responsibilities of its president, Sarah Davis, beyond her day-to-day oversight of the retailer’s performance. Adding responsibility for finance and human resources As part of her expanded role, Davis will take full responsibility for the company’s management board. This expands her direct-reporting lines to include finance and human resources. She will continue to r...
29 November 2018
Following a pilot program launched 12 months ago, Loblaw is rolling out its PC Insiders subscription programme nationally. Targeting loyal shoppers with additional benefits The PC Insiders programme is being made available to over 16m members of the retailer’s loyalty program, PC Optimum. For an annual fee of $99, or $9.99 a month, members will have access to a range of perks, including fre...
27 November 2018
We look at the prospects for the online grocery channel in Canada as major retailers step-up their investments. Forecasting 21.0% CAGR through to 2023 Although the online grocery channel has seen an increased level of activity this year, it represents only a small proportion of the overall grocery market, estimated at 0.8%. This is forecast to grow to 1.8% by 2023, with a CAGR of 21.0% expe...
15 November 2018
We review Loblaw’s third quarter performance and how it’s investing in developing its data and ecommerce capabilities. Solid performance in third quarter Loblaw delivered a solid performance in the third quarter as it focused on delivering its commitments of stable trading, addressing cost headwinds and investing for the future. The retailer’s Q3 revenue increased by 1.8% to $14.5bn, with r...
10 September 2018
Following the appointment of Jeremy Pee to the new role of Chief Digital & Data Officer at UK-based M&S, Herman Paek is to take the lead role at Loblaw Digital. Played key role at Loblaw Digital The Canadian Grocer reported that Herman Paek has been an integral element of Loblaw’s digital journey since he joined the retailer in 2012. For most of the period, he has worked closely alongside Jer...
26 July 2018
As Loblaw reports its Q2 sales for 2018, we look at the ways in which the retailer is strengthening its business for the future. Solid Q2 results Total revenue fell by 1.4% to $10.9bn, however, retail sales grew by 1.0% during the quarter (excluding the impact of disposal of gas operations) to $10.6bn. Breaking this out further, food retail same-store sales grew by 0.8% and drug retail same...
20 July 2018
As we move firmly into the second half of the year, we round up the best retail/food-to-go fusion formats we’ve seen so far this year, and highlight a couple we are looking forward to seeing in H2. Fresh the Good Food Market, Camden St, Dublin This store lives and breathes food-to-go. The run of counters down one side of the store is a common feature in Fresh stores, and helps demonstrate t...
28 June 2018
By 2025, Loblaw is to spend $150m more each year with Canadian farmers, buying local fresh produce that otherwise would have been imported. Extending the Canadian growing season Given the relatively short growing season and climate conditions in Canada, many fresh produce products must be imported. As part of this program, Loblaw will work with local farmers to develop innovative growing tech...
07 June 2018
Loblaw has launched the first of nine planned PC Express pickup locations within its Shoppers Drug Mart stores in the Greater Toronto Area. Optimising a significant store estate The launch of the PC Express pickup service within the Shoppers Drug Mart stores follows on from the launch of the service at five GO Transit stations in the city earlier this year. The service enables customers to ...