Loblaw to add 34 Shoppers Drug Mart stores and clinics

BRAMPTON, ONTARIO – Loblaw Cos. will open 34 Shoppers Drug Mart/Pharmaprix stores and care clinics this year as part of a $1.75 billion outlay to expand and renovate its store network, enhance its supply chain capabilities, and create jobs across Canada.

At a time when Canadians are struggling with affordability and access to healthcare services, Loblaw will add 70 stores in total, including 31 hard discount No Frills and Maxi outlets, as well as the Shoppers units. The openings, along with the renovation of another 191 stores, and the continued construction of its roughly 1.2 million square-foot automated distribution center in Caledon, Ontario, will create an anticipated 9,700 retail and construction jobs from coast to coast.

This is the second investment in the company’s 5-year plan to spend $7.3 billion by 2030 – reinforcing Loblaw’s position as a major contributor to the growth of the Canadian economy, and to creating new avenues for customers to access value.

“Our success depends heavily on the strength of the communities we serve,” said Loblaw president and CEO Per Bank. “We see this as a significant investment in our network and capabilities as one of Canada’s largest retailers, but it is also an investment in the people we serve and their ability to access great value and quality healthcare. By helping Canadians live life well, our business gets stronger too.”

Every part of Canada will see investment as a result of this announcement:

• Eastern Canada – 4 new stores and more than 600 jobs
• Quebec – 15 new stores and more than 1,985 jobs
• Ontario – 27 new stores and 3,775 jobs, including roles associated with the company’s two new automated distribution centers in southern Ontario
• Western Canada – 24 new stores and more than 3,400 jobs