The company operates through a network of corporate and independent stores across the country and 90% of Canadians live within 10 kilometres of these locations. It also runs pharmacies in more than 1,300 Shoppers Drug Mart stores.
The company has become a popular household name in Canada, given the fact that there are one billion visits each year to Loblaw stores. Loblaw operates through two operating segments namely Retail accounting for 98% of revenues, (consisting of retail food and drug stores, in-store pharmacies and apparel and general merchandise) and Financial services (credit card services, insurance brokerage services, deposit taking services etc).
Food retail is the larger business accounting for over 70% of total retail revenues while drug retail constitutes the remaining.
Investment Data
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