Loblaw Companies released statement today (Monday, March 9, 2015) that it has plans to build as many as 50 new stores in Canada this year, part of a $1.2 billion investment that will create 20,000 jobs. The investment includes construction projects for new and existing stores, e-commerce expansion, and continued investment in supply chain and IT. “True to our strategy, our investment will create better access to fresh food, wellness solutions closer to home, e-commerce convenience, and a family of stores that elevate grocery, pharmacy, apparel and banking experiences,” Loblaw president Galen G. Weston said in a release. The release does not specify which markets are likely to be targeted by Loblaws but The South Bayview Bulldog has long speculated that sooner or later Loblaws will want to bring its hidden store on Redway Road back out onto the street where it will attract more traffic.
