BRAMPTON, Ontario — Shoppers Drug Mart (SDM) reported strong financial results for the second quarter despite the impact of incremental health care reform measures and the full effect of changes to Canada’s minimum wage. Canada’s largest drug chain also marked the launch of the country’s largest online beauty destination and some notable store openings since
TORONTO — Shoppers Drug Mart today unveiled a new e-commerce platform uniting a wide selection of the company’s mass market cosmetics with an already broad range of luxury beauty products. The new site — shoppersdrugmart.ca/beauty — is Canada’s largest online beauty shopping destination, providing shoppers with hundreds of mass and luxury private label and international
TORONTO — Shoppers Drug Mart officially opened its doors today at Toronto’s Yonge and Dundas Square. The new location is a unique reimagining of the space once occupied by the Hard Rock Cafe and Friar’s Tavern, offering consumers a refreshed design and a convenient and interactive retail experience while paying homage to its predecessor’s iconic
TORONTO — Shoppers Drug Mart (SDM) has launched an online interactive mental health tool with the Centre for Addiction and Mental Health (CAMH). The Mental Health Self Check gives Canadian women an easy, accessible way to assess their emotional well-being. The self-check “will really lend itself to important conversations” and give women “the opportunity to
BRAMPTON, Ontario — Loblaw Cos. announced its unaudited financial results for the first quarter ended March 24, 2018. “In the face of external headwinds, we delivered solid results, increased dividends, continued share buybacks, and invested in our digital future,” said Galen Weston, chairman and chief executive officer, Loblaw Companies Limited. “As the retail landscape changes,
TORONTO — Canada is aging, with nearly 1,000 citizens a day turning 65, says Scott Wilks, vice president of Shoppers Home Health Care and Wellwise at Shoppers Drug Mart (SDM). And for the first time more Canadians are over 65 than under 15. To serve these older Canadians better, SDM has opened its second Wellwise,
EDMONTON, Alberta — Shoppers Drug Mart (SDM) has expanded its access to medical marijuana products by entering into a supply agreement with Aurora Cannabis Inc. Aurora said that under the pact it will supply SDM with Aurora-branded medical cannabis products. The agreement is pending Health Canada’s approval of the pharmacy retailer’s application to be a
EDMONTON, Alberta — Shoppers Drug Mart has expanded its access to medical marijuana products by entering a supply agreement with Aurora Cannabis Inc. Aurora said Tuesday that under the pact it will supply Shoppers Drug Mart with Aurora-branded medical cannabis products. The agreement is pending Health Canada’s approval of the pharmacy retailer’s application to be a
TORONTO — Canada today is populated by more citizens over the age of 65 than under the age of 15, according to Statistics Canada. This seismic shift in the country’s demographics corresponds to a cultural shift, as Canadians are no longer content to let age dictate what they can and cannot do. Senior Canadians want
BRAMPTON, Ontario — Shoppers Drug Mart outperformed overall retail sales growth for parent Loblaw Cos. in the 2017 fourth quarter and fiscal year. Loblaw said Thursday that for the fourth quarter ended Dec. 30, Shoppers Drug Mart posted revenue of $3.17 billion (Canadian), up 3.8% from $3.06 billion a year earlier. Pharmacy sales totaled $1.42
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 — Shoppers Drug Mart has followed up the debut of its Wellwise store format catering to seniors with the launch of a dedicated e-commerce site, Wellwise.ca. Canada’s largest drug chain said Wednesday that Wellwise.ca offers a wide selection of health and wellness products plus direct-to-home delivery. Items run the gamut from low-impact fitness gear, compression
What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018. With spiraling health care costs and
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