July 24, 2015 • Blog, The Power 50, Uncategorized
Grocery stores aren’t the first thing that come to mind when you think of innovation and business leadership. But then again, Loblaws isn’t your run-of-the-mill grocery store.
Unlike many of its competitors, the Canadian brand has always looked outside of the box to best serve the needs of its customers. For one, they were able to transform their no-name product line, President’s Choice, into a formidable and popular brand that almost transcends Loblaws, itself. And let’s not forget that they are the only grocery retailer in Canada thatoffers an in-house clothing brand (Joe Fresh).
With their recent acquisition of Shoppers Drug Mart, Canada’s largest pharmacy chain, Loblaws is poised for even more growth. It will be interesting to see how they continue to diversify and innovate
LoblawsThe Power 50
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