Loblaws - Statistics & Facts

Published by Statista Research Department, Mar 22, 2019
Founded in 1919, Loblaws supermarket is one of the main players in the Canadian supermarket and grocery industry. Loblaws founders, Theodore Pringle Loblaw and J. Milton Cork, were pioneers in the introduction of self-serve and cash-and-carry grocery retailing in Canada. Expanding rapidly, there are now over 2,000 Loblaws stores in Canada. As of the 2017/18 fiscal year, Loblaws was valued at nearly 32.5 billion Canadian dollars, leading the ranking of Canadian food retailers. Second-place went to Sobeys, which had a sales value of about 24.6 billion Canadian dollars in that fiscal year. Other stores Canadian consumers use regularly to shop for groceries include Walmart, Costco, No Frills, and Real Canadian SuperStore. Maxi, IGA, and Metro are also popular chains for food and beverage products that directly compete with Loblaws in Canada.

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Since 1953, the supermarket chain has been a market division of Loblaw Companies Limited, headquartered in Brampton, Ontario. Revenue of Loblaw Companies Limited in Canada has increased over the last few years, rising from about 32.37 billion Canadian dollars in 2013 to 46.7 billion Canadian dollars in 2018. In recent years, the group’s assets have also shown growth, reaching a peak in 2017, when the group had total assets amounting to 35.11 billion Canadian dollars. This figure has since decreased to about 30 billion Canadian dollars as of 2018. Nonetheless, the selling, general and administrative expenses of Loblaw slightly increased over the years as well. In 2013, Loblaw's selling, general, and administrative expenses amounted to 6.35 billion Canadian dollars. This figure increased to 12.23 billion Canadian dollars in 2018.

Loblaw Companies has six independent divisions, including Shoppers Drug Mart, one of the leading pharmacy chains in Canada. Founded in 1962 by pharmacist Murry Koffler, the first Shoppers Drug Mart store revolutionized retail pharmacy by combining mass merchandizing and self-service. Headquartered in North York, Toronto, the pharmacy retailer was acquired by Loblaw Companies in 2014. Annual drug sales for Shoppers Drug Mart in Canada saw an increase between 2016 and 2018, growing from 12.21 million Canadian dollars in 2016 to 12.9 million Canadian dollars two years later. In 2018, front store sales accounted for just over half of all Shoppers Drug Mart sales in Canada, amounting to approximately 6.84 million Canadian dollars in revenue. Front stole sales include traditionally non-pharmacy products, such as food and cosmetics.

Loblaws

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