Video: Loblaw deal a ‘huge mover’ for TSX, Eppel says
Loblaw Companies Ltd. announced Monday it is buying Shoppers Drug Mart for $12.4-billion in cash and stock. Senior business editor Mike Eppel said the Competition Bureau will be involved.
View ArticleBusiness report with Mike Eppel
Shareholders have to approve Loblaw’s $12.4-billion proposal to buy Shoppers Drug Mart, senior business editor Mike Eppel explains.
View ArticleVideo: Loblaw announces plan to purchase of Shoppers Drug Mart for $12.4B
Holger Kluge, chairman Shoppers Drug Mart Corp. and Loblaw CEO Galen Weston spoke after it was announced that Loblaw will purchasing Shoppers for $12.4-billion in cash and stock.
View ArticleGrocery store, 2 condo towers could make their home at Bathurst and Lake Shore
Bathurst and Lake Shore could soon look very different, if Loblaw has its way. The grocery giant wants to keep the facade of its warehouse at that intersection, but add a new grocery store and two...
View ArticleLoblaw cuts 275 management, administrative jobs countrywide: Spokesperson
BRAMPTON – Loblaw is cutting 275 jobs — largely management and administrative — at its offices countrywide, a company spokesperson confirmed to 680News. About 200 of the positions are at the Brampton...
View ArticleE. coli prompts 3rd beef recall in 3 weeks
Loblaw is warning its customers not to eat a certain brand of burgers sold in its stores, leading to the third beef recall in three weeks. The company said the frozen Sunspun Bearpaw-shaped Beef...
View Article2 varieties of Bella Tavola pastas recalled due to undeclared milk
OTTAWA – Canada’s food-safety regulator has announced the recall of two varieties of Bella Tavola brand pastas because they contain milk which is not declared on the label. The recalled products are...
View ArticleLoblaw Christmas lights recalled
Loblaw voluntarily recalled three types of LED outdoor Christmas lights due the possibility of loose or exposed wires. The grocery giant says no injuries have been reported, but there is a risk of...
View ArticleLoblaw announces major international Joe Fresh expansion; 120 stores in 4 years
Grocery giant Loblaw Companies Ltd. is bringing its Joe Fresh discount clothing line overseas in a major expansion that will target fashionistas in the Middle East, Eastern Europe and South Korea. The...
View ArticleLoblaw to invest $1.2B, creating more than 20,000 jobs
Loblaw Companies Ltd. announced on Monday it will invest more than $1.2 billion into its business this year, which is expected to create more than 20,000 jobs. The investment includes construction...
View ArticleLoblaw Christmas lights recalled
Loblaw voluntarily recalled three types of LED outdoor Christmas lights due the possibility of loose or exposed wires. The grocery giant says no injuries have been reported, but there is a risk of...
View ArticleLoblaw announces major international Joe Fresh expansion; 120 stores in 4 years
Grocery giant Loblaw Companies Ltd. is bringing its Joe Fresh discount clothing line overseas in a major expansion that will target fashionistas in the Middle East, Eastern Europe and South Korea. The...
View ArticleLoblaw to invest $1.2B, creating more than 20,000 jobs
Loblaw Companies Ltd. announced on Monday it will invest more than $1.2 billion into its business this year, which is expected to create more than 20,000 jobs. The investment includes construction...
View ArticleLoblaw recalls chicken nuggets over salmonella concern
Loblaw Companies Ltd. says it is recalling select packages of chicken nuggets out of what it says is “an abundance of caution.” The grocery chain says some packages of President’s Choice pub recipe...
View ArticleCIBC divorce from PC Financial shines light on bruised loyalty card industry
Another divorce in Canada’s loyalty card sector has consumers stuck in the middle asking questions about the future of an industry still bruised by the actions of some of its largest providers. The...
View ArticleWhat to know about Loblaw’s new PC Insiders loyalty program
Loblaws has rolled out yet another planned change to its President’s Choice loyalty program. In a strategy like Amazon’s Prime subscription, they are also asking consumers to pay for it. It’s just the...
View ArticleGroceries on the GO: Loblaw customers can pick orders at select stations
Busy consumers will soon have one more way to avoid going to the grocery store as Canadian retailers ramp up their e-commerce offerings in an apparent effort to beat tech titan Amazon, which recently...
View ArticleLoblaw recalling cooked shrimp; packages may also contain raw shrimp
Loblaw Companies Ltd. is recalling certain pre-packaged cooked shrimp due to the potential presence of raw shrimp, which may contain harmful bacteria. The Canadian Food Inspection Agency says the...
View ArticleCanadian grocery stores team up with delivery startups to survive
For decades, the Canadian grocery shopping experience has largely remained the same. You go to a sprawling supermarket, purchase a cartload of grub and lug your bags home. But that seems to be...
View ArticleBugs in the grocery aisle: Loblaw adds cricket powder to its PC line
Canada’s largest grocer believes Canadians are ready to cook with crickets and is bringing the alternative protein ingredient to grocery shelves under its President Choice label. A number of companies...
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