Sunday, September 7, 2025

Loblaw To Spend $2.2 Billion On Capital Expenditures In 2025 As It Attempts To Join “Team Canada” Push

Loblaw Companies (TSX: L) is attempting to step onto the “Team Canada” train this morning, announcing that it will be investing $2.2 billion this year in a move that is claimed to reinforce Loblaw’s role as “a major contributor to the growth of the Canadian economy.”

The investment is part of a planned $10 billion in capital expenditures from now through to 2030 as the company works to keep its retail storefronts fresh.

The $2.2 billion in capital expenditures earmarked for this year will see 80 new stores opened across its multiple brands, including No Frills, Maxi, Shoppers Drug Mart, Pharmaprix and T&T. Of those 80 new locations, 50 are slated to be hard discount stores, suggesting the company expects a weak economy over the coming years.

Renovations are also set to occur at more than 300 grocery and pharmacy locations across Loblaw’s storefronts, which is said to include 100 new Shoppers Drug mart pharmacy care clinics. Funds will also be placed into developing supply chains, with a new 1.2 million square foot facility to open in East Gwillimbury in Ontario.

Loblaw last traded at $179.08 on the TSX.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Betting the Bail Money Pt. 1: Retail Grocery

Gold broke through its floor at $1564 last week, indicating that the market doesn’t yet...

Monday, March 23, 2020, 09:20:12 AM

Canada’s Great Grocery Ripoff

On our last episode, we discussed the Liberal government’s unconvincing and empty threat to tax...

Saturday, September 30, 2023, 09:00:00 AM

The Great Grocery Debate: David Baskin Can’t Count

Canadian wealth management is a big universe. Many Canadian private wealth firms (companies that manage...

Saturday, October 28, 2023, 12:21:00 PM

Judge Finalizes Historic $500M Loblaw Bread Price-Fixing Settlement

A Canadian judge has finalized a landmark $500 million settlement that resolves allegations against Loblaw...

Tuesday, May 27, 2025, 02:19:00 PM

Canada’s Grocery Costs and The Trudeau Tax “Solution”

Can Trudeau tax the teeth out of these grocery gougers’ gobs? Inflation jumped in August,...

Sunday, September 24, 2023, 09:00:00 AM