Shoppers Drug Mart Limited

Location

ONTARIO

Founded

1967-01-27

Risk Signals

925 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Drug Stores and Proprietary Stores, Patent Owners and Lessors), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about Shoppers Drug Mart Limited

Live alerts from global media, monitored by Business Radar

Walmart making major shopping cart change in 11 states

2024-09-17 (freshplaza.com)

Walmart making major shopping cart change in 11 states

Instacart focuses on diversifying tech, brand partners to fuel growthThe company is expanding its advertising base to include emerging brands and growing its retail partnerships by providing…

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Revenue Up at Loblaw

2024-02-22 (progressivegrocer.com)

Revenue Up at Loblaw

Food retail same-stores sales rose by 2% in Q4

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Loblaw to build more than 40 new stores as part of $2-billion investment plan

2024-02-20 (canoe.com)

Loblaw to build more than 40 new stores as part of $2-billion investment plan

Loblaw to build more than 40 new stores as part of $2-billion investment plan

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Development Indicators - Business Facilities Magazine

2024-02-15 (businessfacilities.com)

Development Indicators - Business Facilities Magazine

Where Site Selectors get area economic development and site selection news from around the world and can find ... The Development Indicators landing page for Business Facilities Magazine.

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Loblaw reports profit and sales up as shoppers continue to flock to discount stores

2023-11-15 (yahoo.com)

Loblaw reports profit and sales up as shoppers continue to flock to discount stores

Loblaw Cos. Ltd. said it's continuing to expand its footprint of discount stores as consumers trade down after a run of high food inflation. Loblaw reported its third-quarter profit and revenue rose compared with a year ago, as it said its discount stores saw higher traffic.

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Profit and revenue up for Loblaw

2023-11-15 (lesoleil.com)

Profit and revenue up for Loblaw

Loblaw Companies said Wednesday it continues to expand its presence in off-price stores as consumers continue to cut back on purchases after a wave of high food inflation.

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Loblaw reports huge profits, up from $556M a year ago | insauga

2023-11-15 (insauga.com)

Loblaw reports huge profits, up from $556M a year ago | insauga

Loblaw Cos. Ltd. reported its third-quarter profit and revenue rose compared with a year ago. The parent company of Loblaws and Shoppers Drug Mart reported a profit available to common shareholders of $621 million or $1.95 per diluted share for the 16-week period ended Oct. 7.

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Loblaw reports 10% adjusted profit increase — and says profits will continue to grow through 2023

2023-05-03 (thestar.com)

Loblaw reports 10% adjusted profit increase — and says profits will continue to grow through 2023

Parent company of Loblaws and Shoppers Drug Mart says decline in food margins was offset by sales growth in drug stores. The company said it “continues to expect its retail business to grow earnings faster than sales” for the remainder of 2023.

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Loblaw to open 38 new Shoppers Drug Mart and grocery locations

2023-04-14 (thestar.com)

Loblaw to open 38 new Shoppers Drug Mart and grocery locations

Canada’s largest grocer says it will spend more than $2 billion this year on an expansion that will include opening dozens of new stores, with a focus on new pharmacy and No Frills locations.

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