Company Statements

2018-01-08 $25 Loblaw Card
Loblaw discovered that Canadians were overcharged for the cost of some packaged bread products in our stores and other grocery stores across Canada. In response, we’re offering eligible customers a $25 Loblaw Card, which can be used to purchase items sold in our grocery stores across Canada. Registration and terms are available at www.LoblawCard.ca from January 8, 2018 to May 8, 2018....
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2017-06-29 Loblaw renews commitment to the Accord on Fire and Building Safety in Bangladesh
Today, Loblaw proudly joined leading international brands in a renewed commitment to the Accord on Fire and Building Safety in Bangladesh, working to provide protection and workplace safety in Bangladesh factories. 
 
Our three-year renewal will help extend the Accord’s good work, auditing and eliminating building risks in the facilities where suppliers produce our goods – and putting workers’ interests first. We appreciate the work done to date under the Accord, with 1,600 factories inspected and improved, and health and safety training conducted in factories employing nearly half-a-million workers. However, we know there is more to be done.
 
In addition to the controls and legal commitments of the Accord, Loblaw is separately continuing to monitor workplace conditions in various global production facilities, with on-the-ground experts active in six countries where our goods are produced. Further, the company publicly lists the names of all...
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Press Releases

2018-02-15 Loblaw Companies Limited supports Choice Properties REIT's acquisition of Canadian Real Estate Investment Trust
Loblaw Companies Limited (TSX:L, "Loblaw" or the "Company")  announced today that Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice Properties"), an entity controlled by Loblaw , has entered into an agreement pursuant to which Choice Properties will acquire all of Canadian Real Estate Investment Trust's (TSX:REF.UN, "CREIT") assets and assume all of its liabilities, including long-term debt and all residual liabilities. CREIT will then redeem all of its outstanding units for $22.50 in cash plus 2.4904 Choice Properties units per CREIT unit, on a fully prorated basis (the "Transaction"). Loblaw , Choice Properties' controlling unitholder, has entered into a voting agreement in support of the transaction. Together, Choice Properties and CREIT will form Canada's largest REIT with an enterprise value of approximately $16B . The resulting enterprise will have industry leading operating and development capabilities as well as an unparalleled diversified portfolio...
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2018-02-01 PC Optimum program launches today increasing rewards and convenience for millions of Canadians
Today, Loblaw has launched the PC Optimum program, bringing together the best of two of Canada's favourite loyalty programs, PC Plus and Pharmaprix Optimum . Points from the old programs can be converted at full dollar value 1 . Members can now swap for a new card at any participating store, upgrade their existing PC Plus app or download the new PC Optimum app, linking their existing memberships in the process. The new program gives consumers the convenience and power of a single loyalty app or card to earn and redeem points across the nation's largest retail network, including nearly 2,500 food, drug and beauty stores and related e-commerce sites. "We spent years listening to our loyalty members, and custom-made the PC Optimum program to suit their desire to save money and treat themselves," said Jim Noteboom, SVP, Loyalty and Consumer Insights, Loblaw Companies Limited. "PC Optimum ties a big bow around all we have to offer – including some of Canada's favourite food, wellness,...
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