Loblaw Cos.
Data: Worldwide/North America
- Headquarters: Toronto, Canada
- Top Executive: Galen Weston
- Corporate/Franchise Stores: 1,435
- Sales in $ Billions (USD): 27.349
- Date FY Ended: 12/31/07
- Countries of Operations: Canada
- Website: www.loblaw.ca
Overview
Loblaw operates 672 corporate stores and supplies 405 franchised stores. It also supplies product and banners to 451 associated stores that it does not own or lease.
Recent articles on Loblaw Cos.
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Loblaw Promoting Local Produce Harvest
In an effort to offer more local items to shoppers, Loblaw said it is offering between 150 and 180 Canadian produce items at its stores until Sept. 12.
Food Lion Taps Herndon as CFO
Food Lion has promoted Carol Herndon to chief financial officer and chief administrative officer and Robert Canipe to senior vice president of corporate development. The chain had not had a CFO, a spokeswoman told SN. Herndon will be responsible for all corporate development, which includes real estate, store development, mergers and acquisitions,
Loblaw Sees Long-Term Progress
Loblaw Cos. in Toronto said it has fallen behind on the five-year recovery plan it laid out in 2005, but it hopes to catch up within six to nine months. Citing the progress it's made in the last few months, Allan L. Leighton, president and deputy chairman, said, We can build the sales momentum the business requires, and I'm confident we'll get ourselves back on track within six to nine months. He
Foote, Former Loblaw President, Named CEO at Zellars
Mark Foote, who in April resigned as president and chief merchandising officer of Loblaw in a management restructuring, was named president and chief executive officer at ZellarÂ’s, the Canadian mass merchandiser, according to HudsonÂ’s Bay Co., ZellarÂ’s parent company.
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