Loblaw Companies Ltd - Company Profile
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Loblaw Companies Ltd (Loblaw), a subsidiary of George Weston Ltd, is a retailer and distributor of food and pharmaceutical products. The company’s product portfolio includes drugs, groceries, wireless mobile products, food items, apparel, health and beauty products and general merchandise. Loblaw 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. The company owns and manages various retail stores in Canada. Loblaw is headquartered in Brampton, Ontario, Canada.
Headquarters
Canada
Address
1 Presidents Choice Circle, Brampton, Ontario, L6Y5S5
Website
www.loblaw.ca
Telephone
1 905 4592500
No of Employees
220,000
Industry
Retailing
Ticker Symbol & Exchange
L (TSE)
Revenue (2023)
$44.1B
5.4%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
9.3%
(2023 vs 2022)
Market Cap*
$33.2B
Net Profit Margin (2023)
XYZ
3.8%
(2023 vs 2022)
* As of and is in US$
Loblaw Companies Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Food | Credit Card Services | Food: |
| Health and wellness | Insurance Brokerage Services | Loblaws |
| Fashion and beauty | Telecommunication Services | Loblaw City Market |
| XYZ | XYZ | XYZ |
| 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 |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into a partnership with Victim Services Toronto to launch a transformative program to enhance the safety and well-being of the Toronto community. |
| 2023 | Contracts/Agreements | In August, Loblaw Media and Stingray Advertising announced a partnership to expand Stingray’s retail audio advertising network into Loblaw grocery stores. |
| 2023 | Plans/Strategy | In May, the company announced its plans to acquire five Class 8 T680 hydrogen fuel cell electric vehicles (FCEV) from Kenworth. |
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 | 220,000 | 128,000 | 67,000 | 10,000 | 97,000 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Galen G. Weston | Chairman; President | Executive Board | 2021 | - |
| Per Bank | President; Chief Executive Officer | Senior Management | - | - |
| Richard Dufresne | Chief Financial Officer | Senior Management | 2021 | - |
| Nick Henn | Chief Legal Officer; Executive Vice President | Senior Management | - | - |
| Rob Wiebe | Chief Administrative Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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