Loblaw Companies Limited (Public, TSE:L) is the largest food retailer in Canada, with over 1,400 supermarkets operating under a variety of regional banners, including the namesake Loblaws.
LCL is headquartered in a new, 37,000 m2 office tower located in Brampton, Ontario. Loblaw encompasses 1,036 corporate and franchised stores, 376 associate stores and 4,692 independent stores.It is Canada's largest retailer with sales of more than C$30 billion in 2008. The company is also one of the largest employers in Canada with more than 139,000 full-time and part-time employees.
Loblaw's regional divisions include Westfair Foods Ltd. (western Canada and northern Ontario), National Grocers (southern Ontario), Provigo Inc. (Quebec) and Atlantic Wholesalers Ltd. (Atlantic Canada).
The Company is a subsidiary of Weston Limited (Weston). The Company offers the Canada’s (private) label program, including President’s Choice, no name and Joe Fresh Style brands. In addition, the Company makes available to consumers President’s Choice Financial services and offers the PC points loyalty program. The Company, through PC Bank, securitizes credit card receivables through independent trusts administered by the Canada-based chartered banks and through Eagle, also an independent trust.
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