Loblaw Plans to Open 70 New Stores and Spend $2.4 Billion in 2026
Loblaw Companies Limited is putting serious money into its retail network this year. Canada's largest food and pharmacy retailer announced it will spend $2.4 billion in 2026 to open new stores, renovate existing locations and strengthen its supply chain. The company plans to open 70 new stores in 2026. That includes 34 Shoppers Drug Mart and Pharmaprix pharmacies and care clinics, along with 31 hard-discount No Frills and Maxi grocery stores. On top of the new openings, Loblaw will renovate another 191 stores and continue construction on a roughly 1.2 million-square-foot automated distribution center in Caledon, Ontario.
Loblaw Pilots 'No Name' Ultra-Discount Stores in Canada
Loblaw Companies Ltd., Canada's biggest grocery chain, is trying something new to help you save money. A new ultra-discount store concept called "No Name," based on Loblaw’s low-cost brand, opened in LaSalle, Ontario. Two more stores are coming soon in St. Catharines and Brockville. “No Name” aims to cut prices by up to 20% on everyday groceries and household essentials