USX:LBLCF - Loblaw Companies Ltd Loblaw Companies Limited
Sector: Consumer Staples, Industry: Food Retail
Next Earnings: 1 May 2024
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USD 110.19    +0.0 (+0%)

23 Apr 2024


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General

CEO: Mr. Galen G. Weston B.A., M.B.A, M.B.A.

Headquarters: US

Employees: 221,000

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Description

Loblaw is Canada’s largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President’s Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw’s controlling shareholder with a 53% stake.

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