Loblaw to open 50 stores, renovate 100 units

Brampton, Canada -- Loblaw Companies Ltd., Canada’s largest supermarket chain, will open 50 new stores and renovate 100 existing stores in 2015 as part of a $1.2 billion investment in its business.



The investment also e-commerce expansion, and supply chain and IT infrastructure.



"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 Ltd. "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."



Loblaw banners include Loblaws, No Frills, Fortinos and Shoppers Drug Mart.