Loblaw plans 80 stores this year. More than half will be discount grocers
Global News
A total of 80 new stores are expected to be built in 2025, with about 50 of them set to be discount grocers, while 300 existing grocery and pharmacy locations will be renovated.
Loblaw says it’s planning to open 80 new grocery and pharmacy stores this year, about 50 of which will be discount grocers.
The company says the new locations are part of an approximately $10 billion investment over the next five years, including $2.2 billion this year.
The plans for 2025 include renovating more than 300 grocery and pharmacy locations.
They also involve modernizing the company’s supply chain, including the initial opening of an East Gwillimbury, Ont. distribution centre that started construction in 2022.
“From opening one of the largest fully automated distribution centres in North America, to introducing dozens of small-format, hard discount stores to communities that need them most, this investment will have a positive impact across the country,” said chief executive Per Bank in a press release.
Loblaw has been at the forefront of the shift to discount shopping over the past few years as Canadians look for ways to mitigate inflation and higher interest rates.
It and the other major grocers have been putting money toward discount stores by opening new locations and converting some existing stores into lower-cost banners.
Loblaw appears to be “reading the room” with this latest announcement, said retail analyst Bruce Winder.
The wreck of a crashed Delta Air Lines jet has been cleared from a runway at Toronto's Pearson International Airport.
Relations between Canada and the U.S. are as frosty as they've been in ages. While both teams are downplaying what's happening away from the rink — it's also impossible to ignore.
Due to financial troubles, the Halifax Club has closed down -- leaving couples that had weddings booked at the venue at loose ends.
The Blenkinsop Community Agricultural Centre will be home to hundreds of garden plots on nearly 14 acres of farmland in Saanich as early as March 1.
All of her husband's PPE was unusable, forcing him to miss a day of work. Neumann believes the damage happened during the luggage handling process.
Saskatchewan RCMP are set to provide an update on the quadruple homicide that occurred on Carry the Kettle Nakoda Nation on Feb. 4.
The veteran linebacker/defensive back was part of Edmonton general manager Ed Hervey's deep dive into CFL free agency earlier this month.
The Public Health Agency of Canada says the purchase of 500,000 vaccines are a 'proactive' measure to ensure the doses are ready if they need to be used.
Barlow spent the 2024 season as a member of the Hamilton Tiger-Cats.
The city approved the application at a committee of adjustment hearing Tuesday evening.
With Canada’s new fentanyl czar in place, Public Safety Minister David McGuinty said the next step is to designate criminal cartels as terrorist entities.
A total of 80 new stores are expected to be built in 2025, with about 50 of them set to be discount grocers, while 300 existing grocery and pharmacy locations will be renovated.
Prime Minister Justin Trudeau said the 1,000-kilometre track will see electric trains travel up to 300 kilometres per hour between Toronto and Quebec City.