TORONTO — Loblaw Companies announced today that its wholly owned subsidiary Shoppers Drug Mart will invest $75 million in a minority stake in Maple Corporation, the leading virtual care provider in Canada. Maple is a thriving Canadian telemedicine provider that allows patients to connect online with a variety of healthcare professionals, including general practitioners, specialists
TORONTO — Pharmacy operators across Canada will be hit hard by lower generic drug prices set to take effect this spring, said Metro Inc. chief executive officer Eric La Fleche. The pan-Canadian Pharmaceutical Alliance — which represents the provincial, territorial and federal governments — and the Canadian Generic Pharmaceutical Association announced late last month that
TORONTO — Jeff Leger has been appointed president of Shoppers Drug Mart, succeeding Mike Motz, who has been promoted to chief operating officer of SDM parent Loblaw Cos. Leger had previously served as executive vice president of pharmacy and health care for both Loblaw and Shoppers Drug Mart stores. Prior to that, he was senior
TORONTO — Canada’s largest retail pharmacy, Shoppers Drug Mart (SDM), is set to become a licensed dispenser of medical marijuana, pending approval from Health Canada, the Canadian government’s department of public health. In anticipation of that approval, medical marijuana producer MedReleaf recently said it has signed an agreement with SDM to become a medical cannabis
TORONTO — Shoppers Drug Mart is set to become a licensed dispenser of medicinal cannabis, pending approval from Health Canada, the Canadian government’s department of public health. Medical marijuana producer MedReleaf said yesterday it has signed an agreement with Shoppers Drug Mart to become a medical cannabis supplier to the chain. The announcement comes on
TORONTO — Jeff Leger has been named president of Shoppers Drug Mart, succeeding Mike Motz, who has been promoted to chief operating officer of SDM parent Loblaw Cos. Loblaw confirmed Leger’s appointment on Tuesday. He previously served as executive vice president of pharmacy and health care for both Loblaw and Shoppers Drug Mart stores. Prior
TORONTO — Next year, Loblaw Cos. plans to roll out a unified customer loyalty program that joins together the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart (SDM) and supermarket chains. Called PC Optimum, the combined loyalty program will allow members to earn and redeem loyalty points across Loblaw’s network of nearly
TORONTO — Next year, Loblaw Cos. plans to launch a unified customer loyalty program that joins the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart and supermarket chains. Called PC Optimum, the combined loyalty program will enable members to earn and redeem loyalty points across Loblaw’s network of nearly 2,500 grocery and
TORONTO — The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has named Jeff Leger, executive vice president of pharmacy and health care at Loblaw Cos. and Shoppers Drug Mart, as the new chair of the association. “I am very pleased to take on this leadership role and to work with the staff and members of
BRITISH COLUMBIA, Canada — London Drugs and Loblaw Cos., including its Shoppers Drug Mart chain, are collecting donations and pitching in supplies to help residents affected by wildfires raging around south-central British Columbia. The province announced a state of emergency on Friday because of the wildfires, and as of Wednesday there were more than 180
BRAMPTON, Ontario — Shoppers Drug Mart turned in narrow revenue and same-store sales gains for the 2017 first quarter. Parent Loblaw Cos. said Wednesday that for the 12-week first quarter ended March 25, Shoppers Drug Mart totaled revenue of $2.773 billion (Canadian), up 0.3% from $2.764 billion a year earlier. Front-of-store sales declined 1.4% to
VANCOUVER, British Columbia — Shoppers Drug Mart is opening its first Enhanced Convenience Food location here this weekend. Canada’s largest drug chain, part of Loblaw Cos., said the Shoppers Drug Mart Enhanced Convenience Food section is slated to open on Saturday, April 22, at 8 a.m. PT in its store on 2748 East Hastings Street
BRAMPTON, Ontario — Loblaw Cos. plans a spate of retail store enhancements, including at its Shoppers Drug Mart chain, as part of a $1.3 billion capital investment. Canada’s largest food and drug retailer said the investment will expand and improve its store network, including properties owned and operated by its Choice Properties REIT. Plans call
BRAMPTON, Ontario — Shoppers Drug Mart is launching HealthWatch for Business, a new prescription drug plan for Canadian employers that integrates with their current health coverage. Parent Loblaw Cos. said Tuesday that HealthWatch for Business can save employers and their employees 5% to 10% on their prescription plan through better management of drug spending. HealthWatch