Loblaw announces big capex plans

Loblaw Cos. on Monday said it would invest around $1.2 billion (Canadian) in 2015, including “dozens” of new stores and expansion of e-commerce and IT.

"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," Galen G. Weston, executive chairman and presi

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