Loblaw’s PC Financial division has launched a new banking account, three years after it closed its daily chequing, savings and lending banking services. Digital-first banking service The PC Money Account forms a central element of the retailer’s payments and rewards strategic pillar. It offers consumers a simple, no-fee bank account, combined with Loblaw’s PC Optimum loyalty programme. It h...

Loblaw has opened a new store in the historic West Block building in the heart of Toronto. Built in 1928, this site formerly housed the first Loblaws Groceterias warehouse. Moving the Inspire programme forward Based on Loblaw’s Inspire format programme, the Loblaws banner store is a testament to the progress which the retailer continues to make with fresh and prepared foods. The Inspire pro...

We look at the’ first quarter performance of Canada's second largest food retailer as its Project Horizon growth plan gets underway. Q1 key numbers Sales up 9.0% to $7.4bn Same-store sales increased 11.0% Sales through its existing ecommerce operations in Quebec and BC increased approximately 370%. During the quarter it launched its Voilà by Sobeys service in the Greater Toronto Ar...