Loblaw Plans Technology Investments, Asset Review

Loblaw Cos. here expects to invest heavily over the next two to three years to improve its infrastructure, Allan L. Leighton, president and deputy chairman, said last week at an investor conference here sponsored by Scotia Capital. Having already centralized procurement, upgraded its supply chain and improved its balance sheet, the chain was moving ahead on investing in information technology

TORONTO — Loblaw Cos. here expects to invest heavily over the next two to three years to improve its infrastructure, Allan L. Leighton, president and deputy chairman, said last week at an investor conference here sponsored by Scotia Capital.

Having already centralized procurement, upgraded its supply chain and improved its balance sheet, the chain was moving ahead on investing in information technology when the recession hit, Leighton noted.

“Our IT is probably the worl

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