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Nice to hear. After selling our grocery store, husband went to work in one. It was always a big deal when Galen (Jr or Sr -- we've been around for a while) deigned to drop by. I appreciate Mr. Bank's approach.
 


Loblaw says number of tariff-affected products will triple in coming weeks


The number of tariff-hit products at the grocery store could soon spike as pre-tariff inventory runs out, said Loblaw Cos. Ltd. chief executive Per Bank, which means prices for some items will go up too.
Loblaw has been aggressive in marking which products are affected by tariffs, a tally that so far it has limited to a little over 1,000 items. But that total will rise to more than 3,000 within the next week or two, and could peak at over 6,000 within the next two months, said Bank in a LinkedIn post on Wednesday.

“While the tariff situation might be improving between the U.S. and other countries, that’s not yet the case here in Canada. In fact, we’ll be facing a large wave of tariff-related increases in the weeks ahead,” he said.

Tariff-affected items will still account for a small share of the roughly 80,000 items the company stocks, but customers will notice changes in categories including natural foods, pantry staples and health and beauty products, he said.
 
This is more a Green Energy story than a retail one, but this seems the most apt thread not in mothballs.....

Loblaws is covering the roof for their giant distribution centre in East Gwillimbury with Solar Panels.


From the above:

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Say what we may about their tendency to pay poorly and over price in their conventional stores; they are a real leader in this particular area.
 
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More No Frills and Shoppers Drug Mart locations: Loblaw is opening 27 new stores in Ontario


Ontario’s retail landscape is about to expand now that Loblaw Companies Limited (better known as Loblaw) has announced a multi-billion-dollar investment into Canadian communities.

On Feb. 23, the food and pharmacy company unveiled a five-year plan to invest $10 billion into Canada by 2030. And with a $2.4 billion expenditure coming in 2026, Ontario will be getting 27 new stores and 3,775 jobs.

“Our success depends heavily on the strength of the communities we serve,” said Per Bank, president and CEO at Loblaw.

In 2026, the company’s focus will be to “expand and renovate its store network, enhance its supply chain capabilities, and create jobs for people all across Canada.”

This year’s $2.4 billion investment will see the opening of 70 new stores in Canada, including 34 Shoppers Drug Mart/Pharmaprix pharmacies and care clinics. It will also include the addition of 31 No Frills and Maxi locations.

Plus, the multi-billion-dollar outlay will also feature renovations at another 191 Loblaw locations, along with the continued construction of its roughly 1.2 million square foot automated distribution centre in Caledon.

The centre is anticipated to create 9,700 retail and construction jobs from coast to coast, according to the company.

Beyond 2026 and outside of the 27 Ontario locations set to be unveiled, Loblaw is said to open four new stores and create more than 600 jobs in Eastern Canada, 15 new stores and more than 1,985 jobs in Quebec, and 24 new stores and more than 3,400 new jobs in Western Canada.

Across the country, Loblaw has a network of 2,500 stores that include Loblaws, Shoppers Drug Mart, No Frills, Real Canadian Superstore, and T&T.

Its expansion follows a new No Frills location that opened in downtown Toronto at 899 College St. in 2025. It also unveiled a new store in the city’s Leaside neighbourhood last year at 1678 Bayview Ave.

In Burlington at 1035 Plains Rd. E. a third new No Frills location opened in December 2025.
 
The strange thing about that is there's already no lack of No Frills in that part of the city. There's one within about a 20 or 25 minute walk from there in all four compass directions -- 222 Lansdowne, Dufferin Mall, 2187 Bloor W, and 372 Pacific Ave.
From what I can see, the three closest Loblaws are all about an hour long walk away according to Google map directions (650 Dupont, 585 Queen St W, and 3671 Dundas St W).
 
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The strange thing about that is there's already no lack of No Frills in that part of the city. There's one within about a 20 or 25 minute walk from there in all four compass directions -- 222 Lansdowne, Dufferin Mall, 2187 Bloor W, and 372 Pacific Ave.
From what I can see, the three closest Loblaws are all about an hour long walk away according to Google map directions (650 Dupont, 585 Queen St W, and 3671 Dundas St W).

I haven't spoken with anyone internal to Loblaw about this, but I would surmise that the thought process goes like this......

The current store has missed multiple renovation cycles and does not meet the standards of the Loblaws banner. Work was deferred here, in part, because of the prospect of redevelopment. With development further off, the store's neglected conditions seems more worth addressing. The current store, having been neglected, and having lost business in recent years to the Freshco just to the north wasn't making a ton of money (if any)

Cost of renovating to the standard of a contemporary Loblaws, 8-11M

Cost of renovating to a contemporary NF 4-6M *

* Varies based on what service counters are included, differences in cost are fit and finish, whether there are Deli/HMR counters, Bakery/Dessert Counters, In-store ovens for par-baking, meat counters, meat cutting, floral etc.

In general, cost of operating a NF is less, which reduces the risk of a low-perfomring location.

Assumption - Loblaws customers are more willing and able to drive to a destination store. NFs attract more walk-up and transit traffic. Greater distances for customers of Loblaws are less of an issue.

Overall trends in the market, Discount is rising in market share, conventional is stagnant to declining.

I should add, while I am unfamiliar with the details of the labour arrangements this particular store, banner flips normally allow for laying off high earning unionized staff in favour of new , lower cost workers.
 

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