Loblaw Companies is a leading food and pharmacy company in Canada. It ranks amongst Canada’s largest retail companies. Its brands such as President's Choice, Life Brand, and No Name are three of Canada’s top 10 consumer brands.
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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