May 2, 2014

Canadian grocer Loblaw, which recently acquired pharmacy retailer Shoppers Drug Mart, is sharpening its focus on health and wellness, and envisions pharmacists one day serving as nutrition experts, according to a Financial Post article.

March 21, 2014

Loblaw and Shoppers Drug Mart have announced that the Competition Bureau has approved Loblaw's acquisition of Shoppers Drug Mart, and the acquisition is expected to close March 28.

March 20, 2014

Supervalu on Thursday reorganized its operations in an effort to streamline the independent business organization.

February 10, 2014

Loblaw Cos. has reportedly pulled the plug on its Nutshell health and wellness store concept as it shifts its focus to the purchase of Shoppers Drug Mart, according to a local news report.

February 6, 2014

Canadian pharmacy retailer Shoppers Drug Mart posted an increase in fourth-quarter sales driven by gains at the front end and strength in prescription count growth.

November 25, 2013

The former COO of Canadian grocery chain Loblaws has been named mass-merchandise retailer Shopko's new CEO, the company said Monday.

November 13, 2013

Facing an increasingly competitive retail landscape, Canadian retailer Loblaw Cos. posted a slight lift in retail sales but, due to incremental margin investment in the back half of the year, lowered its earnings growth expectations for 2013. However, company executives are optimistic as the company remains focused on investing in what it refers to as the “customer proposition” and looks forward to its acquisition of Shoppers Drug Mart.

November 12, 2013

Canadian pharmacy retailer Shoppers Drug Mart posted a 2.4% increase in sales for the third quarter, driven by continued strength in prescription count growth and front-end sales.

October 24, 2013

Beauty retailer Sephora has announced that former Sears Canada and Loblaws executive Calvin McDonald has been named president and CEO of Sephora Americas, effective Jan. 1, 2014.

October 9, 2013

The Jean Coutu Group reported sales of C$653.8 million in second quarter 2014, compared with C$658.7 million in second quarter 2013.

September 26, 2013

Loblaw Cos. has announced the passing of industry veteran Dave Nichol, who was known as a masterful marketer and recognized both inside and outside Loblaw for his creativity and skill.

September 26, 2013

Loblaw Cos., which is acquiring Shoppers Drug Mart, has announced a string of executive moves, including the appointment of Mark Butler as EVP integration, who is charged with planning the integration of Shoppers Drug Mart.

September 16, 2013

The Ontario Superior Court of Justice has approved Loblaw’s acquisition of Shoppers Drug Mart, Shoppers Drug Mart announced on Monday.

September 12, 2013

Shoppers Drug Mart announced on Thursday its shareholders voted in favor of the proposed acquisition by Loblaw Cos.

September 3, 2013

Shoppers Drug Mart announced on Tuesday that it has received support from two independent proxy advisory firms for its planned acquisition by Loblaw Cos.

August 21, 2013

Shoppers Drug Mart has posted on the company's website the management proxy circular relating to the proposed acquisition by Loblaw Cos., the company has announced.

July 30, 2013

GNC on Monday named Carmine Fortino EVP business development. Fortino comes to GNC from Atrium Innovations, a Canadian natural health products company, where he was president. Fortino also was a former director of GNC from 2007 to 2011.

July 25, 2013

Loblaw Cos., which recently announced plans to acquire Shoppers Drug Mart, posted a 2% increase in second-quarter revenue and a 1.1% lift in same-store sales as its drug store sales fell flat for the period.

July 18, 2013

Canada’s Shoppers Drug Mart, which recently announced plans to be acquired by Loblaw, saw a boost in second-quarter sales and earnings and, according to president and CEO Domenic Pilla, the company is “well-positioned heading into the back half of the year.”

July 16, 2013

The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday.

July 15, 2013

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada.

When Loblaw announced last week it would debut a new health-focused format to take on Whole Foods, no one could have expected it would make a deal to become the No. 1 pharmacy retailer in Canada, leapfrogging from No. 8 to that top spot with the stroke of a pen. Together the companies will operate 1,797 pharmacies across a total of 2,348 locations, meaning 1-in-5 Canadian pharmacies now will be operated by the merged company. Shoppers Drug Mart represents $4.9 billion in annual pharmacy sales, representing 47.3% of sales and $3.9 million in pharmacy sales on a per store basis. And if Loblaw's pharmacy sales are brought up to that level, the merged companies will represent $6.8 billion in pharmacy revenue.

July 15, 2013

Loblaw and Shoppers Drug Mart announced on Monday a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.

November 13, 2012

Towers Watson on Tuesday announced that it has selected Loblaw Companies as the preferred pharmacy services provider for its Towers Watson Canadian Rx Coalition, a collaborative network of private sector drug plan sponsors.

September 25, 2012

How do you transform a drug store into something else? Something new. Something no one has ever seen before. And what would it look like?