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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