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BRAMPTON, Ontario — Loblaw Cos. will invest more than $1.2 billion on capital projects this year. The spending will go to more than 50 store openings and over 100 renovations, e-commerce expansion, and continued investment in supply chain and IT infrastructure.
Loblaw Cos. will invest more than $1.2 billion on capital projects this year. The spending will go to more than 50 store openings and over 100 renovations, e-commerce expansion, and continued investment in supply chain and IT infrastructure.
"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," said Loblaw executive chairman and president Galen Weston. "True to our strategy, our investment will create better access to fresh food, wellness solutions closer to home, e-commerce convenience, and a family of stores that elevate grocery, pharmacy, apparel and banking experiences."
One example of the wellness programs under development is the just opened Patient Contact Centre of Shoppers Drug Mart, the drug chain that Loblaw acquired last year.
In a conference call last month on Loblaw’s fiscal 2014 results, Weston called the medication compliance-focused facility "the first of its kind in Canada."
The center’s team of more than 50 pharmacists and 75 pharmacy assistants make follow-up calls to patients who may not be taking their medications as prescribed.
