The food retail company Loblaw Companies Limited generated approximately 59.5 billion Canadian dollars in revenue in 2023.
Loblaw Companies Limited - additional information
Loblaws Companies Limited is among Canada’s leading food and pharmacy retailers. Founded in Toronto by grocers Theodore Pringle Loblaw and J Milton Cork, the first Loblaws store aimed to bring the latest self-serve, cash-and-carry concept to Canada. By the 1950s, George Weston Limited had gained controlling interest of the company, leading to its rapid expansion throughout Canada and the United States.
Loblaws Companies Limited now operates six independent divisions, encompassing more than one thousand corporate and franchised stores. Stores include supermarket chain Loblaws, pharmacy chain Shoppers Drug Mart, discount supermarket No Frills and fashion retailer Joe Fresh. Consumer brands include President’s Choice, No Name and Life Brand.
Since its opening in 1919, Loblaws (formally Loblaw Groceteria Limited) has remained one of Canada’s leading grocery retailers. Generating approximately 60 billion Canadian dollars in revenue in 2023, Loblaws saw a 3.9 percent increase in food retail sales that year. Sobeys, Walmart and Metro are among Loblaws leading competitors in Canada.
Revenue of Loblaw Companies Limited in Canada from 2012 to 2023
(in billion Canadian dollars)
Characteristic
Revenue in billion Canadian dollars
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For 2019, and 2013 the year ended December 28.
For 2018. and 2012 the year ended December 29
For 2017, and 2023 the year ended December 30
For 2016 and 2022 the year ended December 31
For 2021 the year ended January 1, 2022
For 2020, and 2015 the year ended January 2 of the following year.
For 2014 the year ended January 3, 2015
Figures have been rounded.
Data from 2012 to 2020 has been taken from previous reports.
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Loblaw. (February 21, 2024). Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in billion Canadian dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/
Loblaw. "Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in billion Canadian dollars)." Chart. February 21, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/
Loblaw. (2024). Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/
Loblaw. "Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in Billion Canadian Dollars)." Statista, Statista Inc., 21 Feb 2024, https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/
Loblaw, Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/ (last visited July 22, 2024)
Revenue of Loblaw Companies Limited in Canada from 2012 to 2023 (in billion Canadian dollars) [Graph], Loblaw, February 21, 2024. [Online]. Available: https://www.statista.com/statistics/436618/revenue-of-loblaw-canada/