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 more than 48 billion Canadian dollars in 2019. In recent years, the group’s assets have also shown growth, reaching a peak in 2019, when the group had total assets amounting to 36.3 billion Canadian dollars. 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 12.5 billion Canadian dollars in 2019.
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 have also witnessed a steady increase in recent years. In 2019, front store sales accounted for just over half of all Shoppers Drug Mart sales in Canada, amounting to approximately seven million Canadian dollars in revenue. Front stole sales include traditionally non-pharmacy products, such as food and cosmetics.