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Loblaw

Loblaw intends to close 52 stores

TORONTO — Loblaw Cos. will shutter 52 underperforming stores, including Shoppers Drug Mart units, over the next year, giving up revenue to boost its bottom line. Canada’s No. 1 grocer said the closing of the outlets — which also include supermarkets, stand-alone Joe Fresh clothing outlets and gas stations — is expected to cut its

Sales edge up in 2Q at Shoppers Drug Mart

Sales edge up in 2Q at Shoppers Drug Mart

BRAMPTON, Ontario — Shoppers Drug Mart saw revenue and same-store sales climb in the fiscal 2015 second quarter at parent Loblaw Cos. Loblaw said Thursday that for the 12 weeks ended June 20, Shoppers Drug Mart’s sales totaled $2.689 billion, up 3.1% from $2.476 billion a year earlier. In the front end, sales rose 3.2%

Shoppers Drug Mart hones its loyalty program

TORONTO — Shoppers Drug Mart (SDM) is getting more personal with its loyalty program. The Canadian drug chain, part of Loblaw Cos., has enhanced its Shoppers Optimum loyalty program with a new platform designed to bring a personalized digital experience. The new offering is called “My Optimum. My Rewards.” It includes an enhanced SDM app

Shoppers Drug Mart enhances Optimum

Shoppers Drug Mart enhances Optimum

TORONTO — Shoppers Drug Mart has enhanced its Shoppers Optimum loyalty program with a new platform designed to bring a personalized digital experience. Called “My Optimum. My Rewards.”, the new offering includes an enhanced Shoppers Drug Mart app and a digital Optimum card, which the Canadian drug chain said will make it easier for customers

Shoppers Drug Mart comp-store sales up in 1Q

Shoppers Drug Mart comp-store sales up in 1Q

BRAMPTON, ONTARIO — Shoppers Drug Mart saw same-store sales rise in the fiscal 2015 first quarter, posting year-over-year gains in both the front end and the pharmacy. Parent Loblaw Companies Ltd. said that for the first quarter ended March 28, comparable-store sales at the drug chain climbed 3.1% overall, reflecting increases of 2.7% in the

Motz guides Shoppers Drug Mart in new era

Motz guides Shoppers Drug Mart in new era

TORONTO — Interviewed in his office some three months into his mandate as president of Shoppers Drug Mart (SDM), Mike Motz exuded the energy and enthusiasm that his colleagues say has typified his approach to his whole career in retail management. He was clearly excited about the opportunities that SDM’s acquisition by Loblaw Cos. has

Shoppers Drug Mart parent is targeting investments

BRAMPTON, Ontario — Loblaw Cos., the parent of Canada’s largest supermarket and pharmacy chains, including Shoppers Drug Mart, plans to invest more than $1.2 billion (Canadian) in its business in 2015. The money will fund new stores and renovations, as well as an expansion of Loblaw’s e-commerce capabilities and improvements to supply chain and information

Loblaw to invest $1.2 billion in its business

Loblaw to invest $1.2 billion in its business

BRAMPTON, Ontario — Loblaw Cos., Canada’s largest food and drug retailer, plans to invest more than $1.2 billion into its Canadian business this year. Loblaw said Monday that the 2015 investment includes construction projects for dozens of new and current stores, e-commerce expansion, and continued investment in supply chain and IT infrastructure. The plan also

In Alberta, patients respond positively to expanded reach of Rx

CALGARY, Alberta — “Before the introduction of the expanded services three years ago, our pharmacists at the end of a busy day would often be physically exhausted. Now at the end of their shifts on a day with a similar volume of traffic they are likely to be mentally, as well as physically, exhausted,” says

Loblaw names new Shoppers Drug Mart president

BRAMPTON, Ontario — Shoppers Drug Mart is getting a new president as a result of a management shakeup at parent Loblaw Companies Ltd. Domenic Pilla, who joined Shoppers Drug Mart as president and chief executive officer in November 2011 from McKesson Canada, plans to leave the company by the end of the year, Loblaw said