Loblaw Companies Ltd - Company Profile
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Loblaw Companies Ltd (Loblaw), a subsidiary of George Weston Ltd, is a retail and financial services provider that operates corporate and franchise-owned retail food and drug stores. Loblaw's major products and services encompass grocery items, health and beauty products, apparel, and financial services such as credit cards. Major brands associated with the company include President's Choice, no name, and Joe Fresh. The company's products and services cater to a diverse customer base, including individuals seeking food, health, and wellness solutions. It operates through a network of corporate and independently operated stores, including Loblaws, Shoppers Drug Mart, and Real Canadian Superstore, across Canada. Loblaw is headquartered in Brampton, Ontario, Canada.
Headquarters
Canada
Address
1 President's Choice Cirlce, Brampton, Ontario, L6Y5S5
Website
www.loblaw.ca
Telephone
1 905 4592500
No of Employees
220,000
Industry
Retailing
Ticker Symbol & Exchange
L (TSE)
Revenue (2024)
$46.6B
4.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
22.8%
(2024 vs 2023)
Market Cap*
$52.5B
Net Profit Margin (2024)
XYZ
17.1%
(2024 vs 2023)
* As of and is in US$
Loblaw Companies Ltd premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Retaling | Food: |
| Credit Card Services | Loblaws |
| Insurance Brokerage Services | Loblaw City Market |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Divestiture | In July, the company sold PC Financial Insurance Agency, PC Financial Insurance Brokers, and President’s Choice Bank to EQB Inc, a commercial banking company. |
| 2026 | Corporate Changes/Expansions | In June, No Frills opened a new location in Brockville, Ontario, Canada. |
| 2026 | Contracts/Agreements | In May, the company partnered with Shakudo to expedite its adoption and deployment of artificial intelligence. |
Competitor Comparison
| Key Parameters | Loblaw Companies Ltd | Alimentation Couche-Tard Inc | Wal-Mart Canada Corp | Empire Co Ltd | Metro Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Brampton | Laval | Mississauga | Stellarton | Montreal |
| State/Province | Ontario | Quebec | Ontario | Nova Scotia | Quebec |
| No. of Employees | 220,000 | 146,000 | 10,000 | 128,000 | 31,074 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Galen G. Weston | Chairman | Executive Board | 2021 | 53 |
| Danni Peirce | President - Apparel and Non-Food; Chief Sourcing Officer | Senior Management | 2025 | - |
| Per Bank | President; Chief Executive Officer | Senior Management | 2023 | - |
| Richard Dufresne | Chief Financial Officer | Senior Management | 2021 | - |
| Mary MacIsaac | Executive Vice President; Chief Marketing Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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