T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
Get in touch with us nowLoblaw Companies Limited revenue Canada 2012-2023
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.
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.
