Loblaw spends big to maintain lead
Loblaw is already Canada’s largest retailer and it plans to stay that way by spending more than $1 billion this year on new stores, e-commerce expansion and supply chain improvements.
As Canada's largest network of corporate and independently owned retail stores and formats, each employing between 20 and 300 employees, Loblaw's investment is expected to create more than 20,000 jobs through store staffing and construction.
"While we continue to invest in the IT and infrastructure engines of our business, we're increasingly making investments that Canadians will see with their own eyes –- improving our offer, adding stores, and creating jobs locally," said Galen G. Weston, executive chairman and president, Loblaw Companies Limited. "True to our strategy, our investment will create better access to fresh food, wellness solutions closer to home, e-commerce convenience, and a family of stores that elevate grocery, pharmacy, apparel and banking experiences."
With more than 2,300 corporate, franchised and Associate-owned locations, Loblaw Companies Limited employs approximately 192,000 full- and part-time employees, making it one of Canada's largest private sector employers.
No comments:
Post a Comment