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In 2001, Glenn Murphy was appointed chairman and chief executive officer of the company. In November of that same year, Shoppers Drug Mart Corporation was publicly listed on the Toronto Stock Exchange. In 2002, Shoppers Drug Mart introduced its first large format stores, with more space and a stronger focus on cosmetic products.
Shoppers Drug Mart. On July 15, 2013, Loblaw announced that it would acquire Canada's largest pharmacy chain, Shoppers Drug Mart (branded "Pharmaprix" in the Province of Quebec), for CA$12.4 billion in a cash and stock deal. Galen G. Weston indicated the possibility for store brands from the two chains to appear in each other's stores following ...
The company became incorporated in 1973 under the name Services Farmico, enticed by the five branches already set up in Montreal. The name was changed 13 years later to its current name, the Jean Coutu Group (PJC) Inc., and was put on the stock exchange. In 1982 it entered the New Brunswick market and then the Ontario market in 1983.
Shoppers Drug Mart / Pharmaprix; SuperValu; T & T Supermarket; Valu-mart; Wholesale Club / Club Entrepôt; Your Independent Grocer / Independent CityMarket; Zehrs Markets; Metro Inc. operates Les 5 Saisons; Food Basics; Marché Adonis; Marché AMI; Marché Extra; Marché Richelieu; Metro / Metro Plus; Super C; Pattison Food Group operates AG ...
Walmart investors are gearing up for a stock split.For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last ...
But Walmart is now attracting higher-income shoppers through its e-commerce platform. That division this year crossed $100 billion in annual sales and expanded at a healthy 27% rate this past quarter.
The price for a barrel of benchmark U.S. crude went from $72.53 on Friday to nearly $75 before the U.S. stock market opened Monday to briefly falling back toward $72.
In the early 21st century, Loblaw brought the Superstore banner to Ontario as a response to the introduction of large grocery sections in most Canadian Wal-Mart stores and other department stores, and as a pre-emptive strike against any plans by Wal-Mart to bring its "Supercenter" format to Canada.