Ontario Construction News staff writer
Loblaw has announced a plan to build 80 new stores over the next five years, and spend $2.2 billion on construction this year.
There is a $10 billion commitment to expand the network of stores and modernize the supply chain by 2030.
The Company’s 2025 planned investments include:
- 80 new stores under the No Frills, Maxi, Shoppers Drug Mart, Pharmaprix and T&T banners, including approximately 50 hard discount stores;
- the renovation of more than 300 grocery and pharmacy locations, including adding approximately 100 new Shoppers Drug Mart pharmacy care clinics; and
- the continued development of the Company’s modernized supply chain, including the initial opening of the 1.2 million square foot facility in East Gwillimbury, Ontario.
“At a time when Canadians need value the most, we’re continuing to invest meaningfully in the Canadian economy and in delivering value to our customers,” said Per Bank, President and CEO, Loblaw Companies Limited. “From opening one of the largest fully automated distribution centres in North America, to introducing dozens of small format hard discount stores to communities that need them most, this investment will have a positive impact across the country.”
