Loblaw to invest $2B in the Canadian economy, creating jobs and opening dozens of new stores
by CM staff
The company's investments are expected to create over 6,000 new jobs, in retail, supply chain, technology, and construction.
BRAMPTON — Loblaw Companies Limited, plans to invest over $2 billion dollars into the Canadian economy in 2023. The Company’s capital investments this year are expected to create thousands of jobs and see it grow and improve its store network, opening 38 new and/or relocated stores and converting or renovating nearly 600 others.
“For decades, Loblaw has made significant investments in the Canadian economy – creating jobs and opportunities in our company and others,” said Galen G. Weston, President and Chairman, Loblaw Companies Limited. “By growing and innovating, we are advancing the priorities that matter to customers: outstanding shopping experiences, affordable options, and support for their health and wellness. This investment lives up to our purpose of helping Canadians live life well.”
Loblaw’s network of corporate and independent operations employs approximately 220,000 Canadians. The company’s investments are expected to create over 6,000 new jobs, in retail, supply chain, technology, and construction.
