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.
Canadian retailer Loblaw said Tuesday it aims to invest roughly C$1.2 billion, or US$866 million, over the rest of the year as it accelerates the opening of new grocery stores and pharmacies and renovates its network.