All Loblaw articles

  • marks & spencer oxford street

    M&S poaches Loblaw exec to bolster digital prowess


    Marks & Spencer has snapped up Loblaw’s digital boss Jeremy Pee for the newly created role of chief digital and data officer.

  • News

    Loblaws reports consolidated revenue increase


    Loblaws, the country’s largest retailer, reported a 3.8% rise in consolidated revenue to C$7.2bn (£4.58bn) for the first quarter ended March 23. The retailer’s net profit rose 40.2% to C$171m (£108.7m). Overall retail sales rose 3.4% while like-for-likes increased 2.8%. Executive chairman Galen Weston said: “Greater assortment and an improved ...

  • The front of the store is dedicated to the spacious cafe, while the fruit and vegetable aisles are extensive

    Store gallery: Loblaws takes a fresh approach to food retailing


    Canadian based retailer Loblaws has turned the conventional supermarket format on its head in its Toronto flagship. John Ryan investigates what they are doing differently.

  • News

    Loblaw to form Real Estate Investment Trust


    Loblaw is to form a Real Estate Investment Trust (REIT) to acquire a significant portion of its real estate assets. The grocer plans to sell units of the REIT through an initial public offering and will retain a significant majority interest. The expected completion date is mid-2013, subject to approval. ...

  • Loblaws, Toronto

    Store of the week: Loblaws, Toronto


    Drama and food retailing may be found in the same place, but not often.

  • News

    Loblaw reports sales increase


    Loblaw’s sales in the full year ended December 31, 2011 rose 1.3% to C$31.3bn (£19.69bn) and like-for-like sales edged up 0.9%. In the fourth quarter, the grocery and general merchandise retailer reported that sales of food and clothing were strong while drugstore sales remained flat. Sales growth in general merchandise, ...

  • News

    Loblaw like-for-like sales drop after acquisition


    Grocer Loblaw has reported sales of CAD9.6bn (£5.9bn) in the 16 weeks ended October 9, up from CAD9.5bn (£5.95bn) in the previous year, helped by the acquisition of Asian supermarket chain T T. Like-for-like sales declined 0.4%. Gross profit increased by CAD152m (£94m), or 7%, to CAD2.3bn (£1.4bn) in the ...

  • News

    Loblaw Q2 sales up 1.2%


    Grocery retailer Loblaw has reported that sales rose 1.2% to C$7.3bn (£4.57bn) for the second quarter to June 19. Like-for-like sales declined 0.3%, marking the third consecutive quarter of negative like-for-like growth. Operating income increased 1.9% to C$330m (£207m) while net earnings declined 8.6% to C$180m (£113m)…

  • News

    Loblaw net income up 19.3%


    Loblaw reported that net income soared 19.3% to C$550m (£309m) for the financial year to January 2, 2010. Total sales declined 0.2% to C$30.8bn (£17.3bn) while same-store sales slid 1.1%. Executive chairman Galen Weston said: “As we enter 2010 we continue to expect sales and margins to be challenged by ...

  • News

    Loblaw launches discount brands


    Following a similar move by Tesco in the UK, grocer Loblaw - whose chief operating officer Dalton Philips has just been revealed as Marc Bolland ’s replacement as chief executive of Morrisons in the UK - has launched a new line of discount brands in Canada. The range ...

  • Dalton_Phillips.jpg

    Loblaw man Dalton Philips to succeed Marc Bolland at Morrisons


    Dalton Philips, chief operating officer of Canadian grocer Loblaw, has been appointed chief executive of Morrisons.

  • News

    Loblaw to acquire T&T Supermarket


    Grocer Loblaw is to acquire Canada’s largest Asian food retailer, T&T Supermarket, comprising 17 stores and four distribution centres.The retailer will add about C$500m (£280.1m) in sales to Loblaw’s business, which is paying C$225m (£126m) for the deal, which is expected to complete before the year end.Like-for-likes at Loblaw rose ...