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Overall online sales jump 160% in Q4 and 178% for full year Loblaw Cos. closed out its 2020 fiscal year on a high note as food retail comparable sales rose nearly 9% and e-commerce sales more than doubled in the fourth quarter. At the bottom line, Canada’s largest food and drug retailer edged atop analysts’ earnings projection for both the quarter and fiscal year. For the 13-week fourth quarter ended Jan. 2, retail sales were $13.04 billion (Canadian), up 15.2% from $11.32 billion a year earlier, Loblaw reported yesterday. Excluding the quarter’s extra week versus last year, retail sales rose 7.5% to $12.17 billion, the company said. Food retail sales climbed 16.9% to $9.3 billion from $7.96 billion. Backing out the quarter’s 13th week, sales were up 8.8% to $8.67 billion. Same-store sales, comparing 12-week quarters, increased 8.6% year over year. Brampton, Ontario-based Loblaw noted that sales continued at elevated levels due to the COVID-19 crisis, ....
Canada Life now offers Shoppers Drug Mart health coaching program targeting chronic disease prevention and management newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Corporate social responsibility was increasingly becoming important before the pandemic. Since March, it has become even more urgent. We are focusing on what some of Canada’s largest companies are doing to integrate social and environmental responsibility into their day to day platforms. First up is Shoppers Drug Mart. The national drug store has a long history of supporting women’s health issues in Canada. We recently spoke with Lisa Gibbs, Director of Community Investment at Shoppers Drug Mart about why the women’s health mandate is their focus. When asked about why she was so passionate about awareness herself, she said the following: ....