Loblaws Flyer is Canada’s largest predominantly food retailer, with 10,900 supermarkets operating under various banners. Loblaws is headquartered in Brampton, Ontario
Loblaw was founded in 1919 by T.P. Loblaw and Justin Cork at the start of self-service commerce. In the 1930s, the chain consisted of 80 stores.
In 1947, George Weston, Ltd. takes control of the company, becoming the largest food distributor in Canada and the 3rd largest in North America.
Loblaw Companies Ltd went public in 1956 and, during the 1970s and 1980s, its brands and labels were introduced.
From 1961 to 1971, he began selling at a discount with the opening of a store in the Sayvette.
Loblaw weekly flyers acquired in 1998 Provigo Distribution inc.
Loblaw launches its Real Canadian Superstore brand in Ontario, well-known 13,000 m2 stores in Western Canada – and later in the Yukon. Several analysts saw this operation as a reaction to the threat from Wal-Mart, which wants to open megasurfaces in Canada.
In 2006, the company reported a net loss of CAD 129 million as the assets of Provigo were depreciated by CAD 800 million. In 2007, it achieved a net profit of CAD 330 million on sales of CAD 29.38 billion. For the 2008 financial year, it generated a net profit of CAD 545 million. During the same period, it sold for CAD 30.8 billion.
In 2010, Loblaws Flyer reported net income of $ 656 million for the full year, up 19.3% from $ 550 million the previous year. Despite everything, on April 3, Loblaw locked out nearly 400 employees at the Quebec City distribution center.
On July 15, 2013, Loblaw announced that it was acquiring the Shoppers Drug Mart chain, better known as Pharmaprix in Quebec. The amount of the transaction is estimated at $ 12.4 billion.
On March 21, 2015, Loblaw and its brands lost network access, causing cash registers to be unable to function. Human attack or incompetence, no information at this time. Websites and businesses were down across Canada until 10:08 am EST.
It is Canada’s leading distributor. It is also one of the largest employers in Canada.
Loblaw has 1,100 points of sale (owned or franchised), 800 in association and supplies 9,000 independent stores.
The company provides financial services through its subsidiary PC Financial.
Maxi and Company,
Real Canadian Superstore,
Your Independent Grocer,
Shoppers Drug Mart
These brands have a more regional clientele, for example Fornitos only operates in certain municipalities in Ontario.