George Weston is a leading food processing and distribution company in Canada. It operates through more than 2,300 stores and a large distribution network across the country. The company caters to a wide range of customers’ needs, ranging from food, grocery, pharmacy, health and beauty, to general merchandise, financial services and real estate.
Some of its well-known retail brands include Loblaw, Shoppers Drug Mart, Valu-Mart, No Name, Maxi and Provigo. The company has three reportable operating segments: Weston Foods, Loblaw and Choice Properties. It is also investing aggressively in technology to ward off online competition. Its ownership of large, diversified and successful businesses is its major competitive advantage.
George Weston has recently diversified into real estate business and owns a significant interest (65%) in Choice Properties’ real estate business. Weston Foods is a leading fresh and frozen baking company in Canada, while Loblaw is Canada’s largest food distributor and retailer.