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Loblaw Companies Ltd 2nd Pref Ser B(L-PR-B-T)
TSX

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TOP STORIES: Loblaw Companies Ltd 2nd Pref Ser B

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The Globe and Mail
Ontario financial regulator launches review of health service providers’ deals with auto insurers
FILE - A sign points visitors toward the financial services department at a hospital, Jan. 24, 2014. (AP Photo/David Goldman, File)
Newswire.ca
LOBLAW COMPANIES LIMITED ANNOUNCES INTENTION TO REDEEM SECOND PREFERRED SHARES, SERIES B
The Globe and Mail
Inflation is changing the way Canadians are spending
People shopping at a produce stand at the St. Lawrence Market in downtown Toronto, are photographed on Jan 17, 2023. Fred Lum/The Globe and Mail.

Profile

Loblaw is Canada's largest retailer, operating 2,460 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

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