Loblaw Companies Ltd (Loblaw), a subsidiary of George Weston Ltd, is a retailer and distributor of food and pharmaceutical products. Its product portfolio includes drugs, groceries, wireless mobile products, food items, apparel, health and beauty products and general merchandise. The company conducts its business operations through shopper’s drug mart, retail stores and discounted stores. These include franchise-owned retail food stores, associate-owned drug stores and in-store pharmacies. Loblaw also offers credit card services, loyalty programs, insurance brokerage services, banking services and telecommunication services. Its major brands include President’s Choice, no name, express, Zehrs, Pharmaprix, and wellwise, among other. The company owns and manages various retail stores in Canada. Loblaw is headquartered in Brampton, Ontario, Canada.
Headquarters
Canada
Address
1 Presidents Choice Cir, Brampton, Ontario, L6Y5S5
Website
www.loblaw.ca
Telephone
1 416 9655209
No of Employees
215,000
Industry
Retailing
Ticker Symbol & Exchange
L (TSE)
Revenue (2021)
$39.3B
0.9%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
69.2%
(2021 vs 2020)
Market Cap*
$28.9B
Net Profit Margin (2021)
XXX
68.1%
(2021 vs 2020)
* As of and is in US$
Explore premium data & analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Groceries | Credit Card Services | Food: |
| Drugs | Insurance Brokerage Services | President’s Choice |
| Apparel | Telecommunication Services | no name |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Corporate Changes/Expansions | In April, the company’s subsidiary Maxi & Cie opened its 121st store in Trois-Rivieres, Quebec, Canada. |
| 2022 | Others | In April, the company's price target was raised from C$120.00 to C$133.00 by Royal Bank of Canada. |
| 2022 | Contracts/Agreements | In March, the company announced a deal to buy Lifemark Health Group for US$845 million. |
Competitor Comparison
| Key Parameters | Loblaw Companies Ltd | Alimentation Couche-Tard Inc | Empire Co Ltd | Wal-Mart Canada Corp | Metro Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Brampton | Laval | Stellarton | Mississauga | Montreal |
| State/Province | Ontario | Quebec | Nova Scotia | Ontario | Quebec |
| No. of Employees | 215,000 | 124,000 | 62,000 | 95,000 | 90,000 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Galen G. Weston | Chairman; President | Executive Board | 2021 | - |
| Janice Fukakusa | Director | Non Executive Board | 2019 | - |
| Christie J.B. Clark | Director | Non Executive Board | 2011 | - |
| M. Marianne Harris | Director | Non Executive Board | 2016 | - |
| Daniel Debowa | Director | Non Executive Board | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer