# LOBLAW COMPANIES LTD

Summary updated: 2026-09-28T14:53:31.633438Z
Canonical: https://finbar.com/research/companies/loblaw-companies

## Overview

Loblaw Companies Limited is a Canadian food and pharmacy retailer. Its core businesses are food retail under Loblaw and drug retail under Shoppers Drug Mart, including pharmacy and healthcare services. [1](https://app.finbar.com/go?id=P134834380)[2](https://app.finbar.com/go?id=P134771155)
[1](https://app.finbar.com/go?id=P134834380)[2](https://app.finbar.com/go?id=P134771155)

## Products & services

Loblaw’s food offering includes fresh and packaged groceries sold under national brands and its own labels, including President’s Choice and no name. It also sells apparel under Joe Fresh. PC Express lets customers order groceries online for pickup or delivery, while PC Optimum provides points that can be earned and redeemed at participating retailers. [3](https://www.loblaw.ca/en/our-business/)[4](https://www.pcexpress.ca/)[5](https://www.pcoptimum.ca/)

Through Shoppers Drug Mart and Pharmaprix, Loblaw offers prescription medicines, pharmacy and healthcare services, and front-store products such as beauty and personal-care items. Its drug-retail reporting distinguishes pharmacy and healthcare services from front-store sales: in the fourth quarter of 2024, they contributed C$2.23 billion and C$2.21 billion, respectively, to C$4.44 billion of drug-retail revenue. [6](https://www.shoppersdrugmart.ca/en/health-and-pharmacy)[7](https://app.finbar.com/go?id=P134834429)
[7](https://app.finbar.com/go?id=P134834429)[3](https://www.loblaw.ca/en/our-business/)[4](https://www.pcexpress.ca/)[5](https://www.pcoptimum.ca/)[6](https://www.shoppersdrugmart.ca/en/health-and-pharmacy)

## Geographic presence

Loblaw Companies Limited’s principal operating market is Canada. Its food and pharmacy retail businesses serve customers across the country. [8](https://www.loblaw.ca/en/)
[8](https://www.loblaw.ca/en/)

## Business segments

Loblaw reports Retail revenue in two business areas: Food Retail (Loblaw), focused on grocery retailing, and Drug Retail (Shoppers Drug Mart), which includes pharmacy and healthcare services as well as front-store sales [9](https://app.finbar.com/go?id=T15417234). PC Financial was a separate financial-services business; Loblaw’s more recent reporting classifies Retail as continuing operations and PC Financial as discontinued operations [10](https://app.finbar.com/go?id=P134771147).

Based on the sum of Loblaw’s reported quarterly revenue for 2024, Food Retail generated approximately C$42.2 billion, or 69% of total company revenue, and Drug Retail approximately C$17.6 billion, or 29%. Together they accounted for about 98% of revenue; the roughly 2% balance was the difference between total-company and Retail revenue, attributable to PC Financial. These are historical revenue proportions rather than a current continuing-operations mix [11](https://app.finbar.com/go?id=T15417243)[12](https://app.finbar.com/go?id=T15417244)[13](https://app.finbar.com/go?id=T15417247)[14](https://app.finbar.com/go?id=T15417248)[15](https://app.finbar.com/go?id=T15417239)[16](https://app.finbar.com/go?id=T15417240)[17](https://app.finbar.com/go?id=T15417235)[18](https://app.finbar.com/go?id=T15417236).
[9](https://app.finbar.com/go?id=T15417234)[9](https://app.finbar.com/go?id=T15417234)[9](https://app.finbar.com/go?id=T15417234)[9](https://app.finbar.com/go?id=T15417234)[10](https://app.finbar.com/go?id=P134771147)[11](https://app.finbar.com/go?id=T15417243)[12](https://app.finbar.com/go?id=T15417244)[12](https://app.finbar.com/go?id=T15417244)[12](https://app.finbar.com/go?id=T15417244)[13](https://app.finbar.com/go?id=T15417247)[14](https://app.finbar.com/go?id=T15417248)[14](https://app.finbar.com/go?id=T15417248)[14](https://app.finbar.com/go?id=T15417248)[15](https://app.finbar.com/go?id=T15417239)[16](https://app.finbar.com/go?id=T15417240)[16](https://app.finbar.com/go?id=T15417240)[16](https://app.finbar.com/go?id=T15417240)[17](https://app.finbar.com/go?id=T15417235)[18](https://app.finbar.com/go?id=T15417236)[18](https://app.finbar.com/go?id=T15417236)[18](https://app.finbar.com/go?id=T15417236)

## Company history

Loblaw’s history began in 1919, when Theodore Loblaw and J. Milton Cork opened a grocery store in Toronto. George Weston Limited acquired a controlling interest in the business in 1947. [19](https://www.loblaw.ca/en/about-us/our-history/)

Loblaw introduced its No Name private-label line in 1978 and President’s Choice in 1984. It expanded in Quebec through its 1998 acquisition of Provigo, then broadened its business beyond groceries by completing the acquisition of Shoppers Drug Mart in 2014. [19](https://www.loblaw.ca/en/about-us/our-history/)
[19](https://www.loblaw.ca/en/about-us/our-history/)

## Sources

1. [LOBLAW COMPANIES LTD — Presentation (2025 Q 2), p5](https://app.finbar.com/go?id=P134834380)
2. [LOBLAW COMPANIES LTD — Presentation (2025 Y), p4](https://app.finbar.com/go?id=P134771155)
3. [www.loblaw.ca](https://www.loblaw.ca/en/our-business/)
4. [www.pcexpress.ca](https://www.pcexpress.ca/)
5. [www.pcoptimum.ca](https://www.pcoptimum.ca/)
6. [www.shoppersdrugmart.ca](https://www.shoppersdrugmart.ca/en/health-and-pharmacy)
7. [LOBLAW COMPANIES LTD — Presentation (2024 Y), p4](https://app.finbar.com/go?id=P134834429)
8. [www.loblaw.ca](https://www.loblaw.ca/en/)
9. [LOBLAW COMPANIES LTD — Presentation (2025 Q 1), p5](https://app.finbar.com/go?id=T15417234)
10. [LOBLAW COMPANIES LTD — Presentation (2025 Y), p3](https://app.finbar.com/go?id=P134771147)
11. [LOBLAW COMPANIES LTD — Presentation (2024 Q 1), p3](https://app.finbar.com/go?id=T15417243)
12. [LOBLAW COMPANIES LTD — Presentation (2024 Q 1), p4](https://app.finbar.com/go?id=T15417244)
13. [LOBLAW COMPANIES LTD — Presentation (2024 Q 2), p3](https://app.finbar.com/go?id=T15417247)
14. [LOBLAW COMPANIES LTD — Presentation (2024 Q 2), p4](https://app.finbar.com/go?id=T15417248)
15. [LOBLAW COMPANIES LTD — Presentation (2024 Q 3), p3](https://app.finbar.com/go?id=T15417239)
16. [LOBLAW COMPANIES LTD — Presentation (2024 Q 3), p4](https://app.finbar.com/go?id=T15417240)
17. [LOBLAW COMPANIES LTD — Presentation (2024 Y), p3](https://app.finbar.com/go?id=T15417235)
18. [LOBLAW COMPANIES LTD — Presentation (2024 Y), p4](https://app.finbar.com/go?id=T15417236)
19. [www.loblaw.ca](https://www.loblaw.ca/en/about-us/our-history/)

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