George Weston 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.
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.
George Weston is also investing aggressively in technology to ward off online competition. Its ownership of large, diversified and successful businesses is its major competitive advantage.
Investment Data
George Weston is a leading food processing and distribution company in Canada. The company also has an interest in the real estate business. George Weston has a balanced portfolio with three complementary businesses in retail, real estate, and consumer goods. … Read more
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. As you start, you can see the list of stocks (Excel export) to learn more about their yield and dividend … Read more
Food is one thing we all need. It’s one of Maslow’s hierarchy of needs and is in fact one of the basic needs we must regularly satisfy. These days, most people get food at the grocery store or the restaurant. … Read more