Loblaw News

• Loblaw facing ‘outsized’ cost hikes from biggest suppliers: CFO

  Loblaw executives said Wednesday that the grocer is continuing to see 'outsized' price hikes passed on from it suppliers, particularly big multinational food brands.

  Money

  May 3, 2023
  
• Galen Weston stepping down as Loblaw president, Danish retail exec taking top job

  Galen G. Weston has played both spokesperson and corporate leader for Loblaws’ grocers and has defended the company’s profits amid soaring food inflation.

  Money

  Apr 18, 2023
  
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• Loblaw tops big Canadian grocers in profit reports amid inflation surge: analysis

  The report authors said the lack of more detailed financial data makes it difficult to explain why all three supermarket companies are exceeding their average performances.

  Canada

  Nov 3, 2022
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• Loblaw Q2 profit jumps to $387M amid higher drugstore, discount store sales

  Adjusted profits for the three months ended June 18 was $566 million or $1.69 per diluted share, up from $464 million or $1.35 per diluted share in the second quarter of 2021.

  Canada

  Jul 27, 2022
• Loblaw expanding Shoppers business with $845M purchase of Lifemark Health Group

  Lifemark provides physiotherapy, massage therapy, occupational therapy, chiropractic, mental health and other rehabilitation services.

  Money

  Mar 14, 2022