Loblaw to invest C$2.4B in 2026: 70 new stores, more discount and pharmacy clinics
- By Tahani Elghazaly
- Published
Loblaw Companies Limited said it will invest C$2.4 billion in 2026 to expand and renovate its retail network and strengthen its supply chain. The company plans to open 70 new stores this year, including 31 hard-discount No Frills and Maxi locations and 34 new Shoppers Drug Mart/Pharmaprix sites with pharmacies and care clinics, while renovating 191 existing stores.
Loblaw expects the program to generate about 9,700 retail and construction jobs nationwide and to continue building its roughly 1.2-million-square-foot automated distribution centre in Caledon, Ontario.
Regional breakdown (from Loblaw)
Eastern Canada: 4 new stores, 600+ jobs; Quebec: 15 stores, 1,985+ jobs; Ontario: 27 stores, 3,775 jobs; Western Canada: 24 stores, 3,400+ jobs.
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Tahani Elghazaly5274 Posts
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