Earlier this week, food and pharmacy retailer Loblaw Companies Ltd. reported that it expects to invest more than $2-billion dollars into the Canadian economy in 2024. This record investment reflects Loblaw’s commitment to enhancing its store network, creating job opportunities, and improving accessibility to affordable food and healthcare services for communities across the country. In addition to creating more than 7500 jobs, part of the company’s investment will be in its store network, with plans to build more than 40 new stores, expand or relocate another ten and renovate more than 700 others. “This year, we are investing where Canadians need it most,” said Loblaw Companies President, CEO Per Bank. “We will introduce more than 40 new discount stores and 140 new pharmacy care clinics in communities across the country, making healthcare and affordable food more accessible to more people. These investments in Canada are a catalyst for job growth and the creation of countless opportunities, in our stores, in our company and with the many partners who work with us.”
Loblaw Companies Ltd., 1 President’s Choice Circle, Brampton, Ontario L6Y 5S5 (855/416-1244 www.loblaw.ca)