Loblaw Eyes Urban Expansion

TORONTO Loblaw Cos. here said last week it will continue its aggressive store renovation program over the next 12 to 15 months and then devote more energies to opening new stores in major cities. The renovations are still our focus, Allan L. Leighton, president and deputy chairman, told investors in a conference call discussing third-quarter results. Our store base had not been restored for a long

TORONTO — Loblaw Cos. here said last week it will continue its aggressive store renovation program over the next 12 to 15 months and then devote more energies to opening new stores in major cities.

“The renovations are still our focus,” Allan L. Leighton, president and deputy chairman, told investors in a conference call discussing third-quarter results. “Our store base had not been restored for a long period of time, and that is still the No. 1 priority of the business, and un

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