TSX:L (Loblaw Companies Limited)

About L

Loblaw is one of Canada's largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President's Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program. The firm's controlling shareholder is George Weston Limited, which owns 52.6% of the equity.
  • Loblaw Companies Limited (TSX: L) Latest News

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    Market Rally: Should I Buy This Defensive Stock?

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    3 Defensive Stocks to Hold in 2020

    Markets are rebounding, but economic turmoil means investors should continue to hold defensive stocks like Loblaw Companies Ltd. (TSX:L) right…

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    TFSA Investors: Avoid These 2 Market Crash Mistakes

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    Borrowing at 0% interest to purchase bargain stocks in this bear market is an attractive offer. However, it’s not the…

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    Why Loblaw’s (TSX:L) Stock Price Rose 9.1% in March

    Loblaw’s stock price can be expected to continue to outperform, as this consumer staples business is as defensive as it…

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    3 Dividend Stocks That Are Still Safe Buys During This Market Crash

    Loblaw Companies Ltd (TSX:L) and these two other dividend stocks could be great buys today.

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    Barren Shelves and Panic Buying: Time to Invest in Grocery Retail?

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    Recession Alert: Is Loblaws a Buy Today?

    With a recession likely coming at some point during 2020, here is one defensive stock that investors will want to…

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