Canada: CA$2.4 billion, 70 new stores, 9,700 jobs
- DRC Discount Retail Consulting GmbH
- Feb 23
- 1 min read
Discount Retail Chain No Frills and Shoppers Drug Mart, owned by Loblaws, announce one of our biggest retail investments for a single year:
$2.4 billion slated for 2026
70 new stores to open nationwide
191 stores to be renovated
Creation of 9,700 jobs in retail and construction
This project is a part of Loblaw's ambitious CA$10 billion commitment over five years to Canadian communities by 2030.
In a time when Canadians prioritize affordability and healthcare access, Loblaw is expanding value-focused brands like discounter No Frills and Maxi, launching 34 new Shoppers Drug Mart / Pharmaprix pharmacies and care clinics, and continuing the construction of a 1.2M sq. ft. automated distribution center in Caledon, Ontario.
This effort isn't just about increasing space. It focuses on:
• Making daily essentials more affordable
• Enhancing access to pharmacy care
• Strengthening local communities
• Creating thousands of meaningful jobs
Every region in Canada benefits: East, Quebec, Ontario, West
As communities grow stronger, Loblaw is proud to continue investing in Canada and helping Canadians Live Life Well.
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