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flag Loblaw invests $2.4B in 2026 to open 70 stores, renovate 191, and create 9,700 jobs.

flag Loblaw Cos. Ltd. announced a $2.4 billion investment in 2026 to open 70 new stores, renovate 191 locations, and build an automated distribution centre in Caledon, Ontario, as part of its five-year plan to spend $10 billion by 2030. flag The expansion includes 34 new Shoppers Drug Mart/Pharmaprix pharmacies and 31 new No Frills and Maxi stores, creating about 9,700 jobs. flag The company is set to release its fourth-quarter and full-year financial results soon.

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