Loblaw plans ~C$1.2B investment to expand Canadian store network
Loblaw says it plans to invest roughly C$1.2 billion over the remainder of the year, accelerating openings of new grocery stores and pharmacies and renovating its network.
By Robb M.
StewartCanadian retailer Loblaw aims to invest roughly 1.2 billion Canadian dollars (US$866 million) over the remainder of the year rolling out more stores and improving its network.The company said Tuesday it plans to accelerate the opening of new grocery stores and pharmacies, renovate…