Loblaws is one of the most prominent retail giants in Canada. The question “What companies are owned by Loblaws?” is frequently asked by consumers curious about the scale and influence of this corporation. Loblaws operates a wide variety of businesses in food retail, pharmacy, financial services, and more. Understanding its ownership, subsidiaries, and financials offers valuable insight into how much of Canadian retail is under its umbrella.
Loblaws Company Profile
Loblaws is a Canadian grocery retail company and a subsidiary of Loblaw Companies Limited, which is the largest food and pharmacy retailer in Canada. Known for its wide range of private-label products, modern retail formats, and strategic acquisitions, Loblaws has become a household name across the country.
Headquartered in Brampton, Ontario, Loblaws operates through multiple banners, including No Frills, Real Canadian Superstore, Zehrs, Fortinos, and Provigo. The company is also heavily involved in the pharmacy sector through Shoppers Drug Mart, as well as in financial services and apparel through President’s Choice Financial and Joe Fresh, respectively.
Loblaws is known for its focus on customer value, supply chain innovation, and loyalty programs like PC Optimum, which ties together grocery, pharmacy, and financial services under one rewards system.
Company Details
- Company Name: Loblaws
- Parent Company: Loblaw Companies Limited
- Founded: 1919
- Headquarters: Brampton, Ontario, Canada
- CEO (2025): Per Bank
- Number of Employees: Over 200,000 (as part of Loblaw Companies Limited)
- Public Listing: Toronto Stock Exchange (Ticker: L.TO) under Loblaw Companies Limited
- Industry: Grocery, Pharmacy, Retail, Financial Services
Founders of Loblaws
Loblaws was co-founded by Theodore Loblaw and J. Milton Cork in 1919 in Toronto, Ontario. The concept was revolutionary at the time — offering customers a self-service shopping experience instead of relying on clerks to gather items.
Theodore Loblaw’s vision was to lower costs by reducing labor and passing those savings on to the customer. This idea helped the company grow rapidly during its early years.
Major Milestones
1919 – Founding of Loblaws:
The first Loblaws Groceteria opened in Toronto, introducing self-service shopping to Canada. It offered better prices and more control to consumers, helping it stand out quickly.
1940s–1950s – Expansion Across Ontario:
The company expanded aggressively, opening stores throughout Ontario and adapting to the post-war consumer boom.
1970s – Acquisition by George Weston Limited:
George Weston Limited acquired a controlling stake in Loblaws. This marked a turning point that led to strategic restructuring and brand innovation.
1980s – Launch of President’s Choice:
The introduction of the President’s Choice private-label brand transformed Canadian grocery retail. It offered high-quality products at lower prices, backed by heavy marketing from then-President Dave Nichol.
1990s – Technological Upgrades and Store Modernization:
Loblaws began investing in better supply chain technologies and store upgrades. It also started experimenting with new store formats and services.
2006 – Launch of Joe Fresh:
Loblaws entered the apparel market with the Joe Fresh brand, offering affordable fashion within grocery stores.
2013 – Acquisition of Shoppers Drug Mart:
A landmark moment in Loblaws’ history, it acquired Shoppers Drug Mart for $12.4 billion, expanding its reach into health and wellness retail.
2014 – Creation of PC Optimum Loyalty Program:
The company combined PC Plus and Shoppers Optimum into PC Optimum, creating a unified, nationwide rewards platform.
2020s – E-commerce Expansion and Health Initiatives:
Loblaws significantly invested in online grocery delivery, pharmacy e-services, and health consultations through platforms like PC Health App.
2023 – Appointment of Per Bank as CEO:
With global retail experience, Per Bank was appointed to lead Loblaw Companies Limited into a new era of digital innovation and sustainable growth.
These milestones have positioned Loblaws as a leader not just in food retail but also in pharmacy, fashion, and financial services across Canada.
Who Owns Loblaws in 2025?
Loblaws is a subsidiary of Loblaw Companies Limited, which is publicly traded on the Toronto Stock Exchange under the symbol L.TO. The ultimate control of the company lies with George Weston Limited, a major Canadian holding company. Loblaw Companies Limited itself owns and operates a wide range of businesses in grocery, pharmacy, and financial services.
Here’s a breakdown of the current ownership structure as of 2025:
| Shareholder | Ownership % |
|---|---|
| George Weston Limited | 52.6% |
| RBC Global Asset Management | 4.3% |
| Vanguard Group | 3.7% |
| BlackRock Inc. | 3.2% |
| TD Asset Management | 2.9% |
| CIBC Asset Management | 2.2% |
| Retail & Other Shareholders | 31.1% |
George Weston Limited – Controlling Shareholder
George Weston Limited is the controlling shareholder of Loblaw Companies Limited. As of 2025, it owns approximately 52.6% of the outstanding common shares. This majority stake allows George Weston Limited to effectively control the strategic decisions, leadership appointments, and direction of the company.
George Weston Limited is a Canadian public company with major holdings in food processing, retail, and real estate. It is controlled by the Weston family, one of Canada’s most influential business dynasties.
This level of control means that while Loblaw Companies Limited operates as an independent public company, its major decisions are strongly influenced by George Weston Limited’s leadership and interests.
Institutional Shareholders
Apart from George Weston Limited, several large institutional investors own minority stakes in Loblaw Companies Limited. These are mostly Canadian and U.S.-based pension funds, asset managers, and mutual fund companies. As of 2025, some of the largest institutional shareholders include:
RBC Global Asset Management
RBC owns about 4.3% of Loblaw Companies Limited. It is one of Canada’s largest asset managers and consistently holds a top-five position among institutional stakeholders in Loblaws.
Vanguard Group
The U.S.-based Vanguard Group owns approximately 3.7% of the company. As a global investment management firm, Vanguard manages a large volume of index and mutual funds, and it often holds long-term positions in Canadian blue-chip stocks.
BlackRock Inc.
BlackRock holds close to 3.2% of the company. It invests in Loblaw Companies through its iShares ETFs and actively managed portfolios.
TD Asset Management
TD Asset Management, part of the Toronto-Dominion Bank group, owns around 2.9%. It is a significant player in Canadian equities and has been increasing its holdings in consumer retail.
CIBC Asset Management
Another major Canadian institutional investor, CIBC holds around 2.2% of Loblaws. It manages both pension and equity investments.
Retail Investors
The remaining shares, roughly 31%, are held by a wide range of retail investors, which include individual shareholders, employee stockholders, and small investment groups. These shareholders buy and sell shares through the Toronto Stock Exchange and may participate in annual meetings or receive dividends, but they have limited influence on corporate governance due to their smaller stake sizes.
List of Major Companies Owned by Loblaws
As of 2025, Loblaws (operated by Loblaw Companies Limited) controls a vast portfolio of subsidiaries, private-label brands, and divisions across multiple industries. These include food retail, discount grocery, pharmacy, financial services, loyalty programs, e-commerce, apparel, and ethnic supermarkets. The company’s ownership and operational structure are distinct from its parent company, George Weston Limited, and the following entities are all owned, operated, or controlled directly by Loblaw Companies Limited:
| Company / Brand / Entity | Ownership % | Details |
|---|---|---|
| Shoppers Drug Mart / Pharmaprix | 100% | Acquired in 2014 for $12.4B. Canada’s largest pharmacy chain with over 1,300 locations. |
| No Frills | 100% (franchise model) | Discount grocery chain with over 250 stores across Canada. Operated by franchisees under Loblaws’ brand. |
| Real Canadian Superstore | 100% | Full-service hypermarket with grocery, clothing, and electronics across Western and Central Canada. |
| Zehrs | 100% | Ontario-based full-service supermarket offering pharmacy, Joe Fresh, and PC products. |
| Fortinos | 100% | Premium grocery chain known for fresh food markets, based in Ontario. |
| Valu-mart | 100% (independent operators) | Small-format stores in Ontario, run by independent operators under Loblaws’ umbrella. |
| Provigo / Provigo Le Marché | 100% | Quebec-based full-service grocery banners, adapted for local markets. |
| T&T Supermarket | 100% | Canada’s largest Asian grocery chain, operating in several provinces with a focus on multicultural offerings. |
| Joe Fresh | 100% | In-house fashion brand offering affordable clothing, shoes, and accessories for all ages. |
| PC Financial (President’s Choice Financial) | ~50% (joint operations) | Offers banking and financial products via partnerships. PC Money Account and credit cards tied to PC Optimum. |
| PC Optimum | 100% | Unified loyalty rewards platform for all Loblaws banners, used by over 20 million Canadians. |
| PC Express | 100% | Online grocery ordering and curbside pickup/delivery platform integrated into Loblaws digital services. |
| President’s Choice (PC) | 100% | Flagship private-label brand covering food, household items, and lifestyle products. |
| No Name | 100% | Discount brand known for low-cost essential goods in iconic yellow packaging. |
| PC Organics | 100% | Sub-brand under PC offering certified organic products across all grocery categories. |
| PC Black Label | 100% | Premium line of gourmet foods and specialty items within the PC portfolio. |
| Exact | 100% | In-house pharmacy brand offering OTC medications and health products. |
| Life Brand | 100% | Exclusive health, wellness, and personal care products sold through Shoppers Drug Mart. |
| Teddy’s Choice | 100% | Private-label brand offering baby care products including diapers, formula, and wipes. |
| Your Independent Grocer (YIG) | 100% (independent operators) | Community-focused full-service grocery stores run by independent owners under Loblaws’ model. |
| Atlantic Superstore | 100% | Flagship grocery banner in Eastern Canada, combining food, pharmacy, and general merchandise. |
| Maxi | 100% | Quebec-based discount grocery chain offering value pricing and No Name products. |
| Wholesale Club | 100% | Warehouse-format grocery and food service supplier catering to small businesses and institutions. |
| Dominion (Newfoundland & Labrador) | 100% | Regional full-service supermarket banner operating under Loblaws in the Atlantic provinces. |
| Extra Foods | 100% | Legacy discount grocery chain, with some locations still operating in Western Canada. |
| Loblaws Market / Loblaws CityMarket | 100% | Premium-format urban grocery stores offering high-end selections, Joe Fresh, and PC products. |
| Independent CityMarket | 100% | Upscale grocery banner in urban areas of British Columbia and Ontario. |
| Simply Food | 100% | Small-format stores offering convenience meals and snacks in airports and high-traffic zones. |
| The Mobile Shop | 100% | In-store mobile phone retail kiosks operated in partnership with telecom providers. |
| Loblaws Optical | 100% | Optical retail service within select Loblaws and Superstore locations offering eye care products and exams. |
| Loblaws Pharmacy | 100% | In-store pharmacies in grocery banners outside of Shoppers Drug Mart. Offers prescriptions and clinical services. |
| PC Health | 100% | Digital healthcare platform offering virtual care, coaching, and rewardable wellness activities. |
| Quo Beauty | 100% | In-house cosmetics and skincare line sold exclusively at Shoppers Drug Mart. |
| Travel Health Clinics | 100% | Operated in partnership with pharmacy banners to offer travel vaccines and medical advice. |
| Click & Collect / Loblaw Digital | 100% | Loblaws’ digital commerce and logistics operation managing e-commerce, loyalty apps, and tech integrations. |
| G.R. Teston LP & Related Entities | 100% | Real estate and property management arms operated by Loblaws to support stores and distribution centers. |
Shoppers Drug Mart
Acquired in 2014, Shoppers Drug Mart is Canada’s largest pharmacy chain. It operates over 1,300 locations nationwide. The brand retains its identity under Loblaws ownership but is deeply integrated into the group’s loyalty and logistics systems. Shoppers Drug Mart offers prescription services, over-the-counter products, cosmetics, and groceries. It also operates Pharmaprix stores in Quebec.
No Frills
No Frills is a discount grocery chain owned by Loblaws. It was introduced in 1978 and operates under a franchise model. The brand focuses on cost savings by eliminating non-essential store services. Stores are branded individually with the franchisee’s name and are found across all provinces. It caters primarily to price-sensitive customers.
Real Canadian Superstore
Real Canadian Superstore is a hypermarket chain offering groceries, clothing, electronics, and home goods. These large-format stores are found across Western Canada and Ontario. They operate as a full-service alternative to No Frills, offering a wider range of products under one roof.
Zehrs
Zehrs Markets is a supermarket banner under Loblaws that operates primarily in Southern Ontario. It blends a traditional supermarket layout with in-store pharmacies, health products, and President’s Choice brand items. Many Zehrs locations also include Joe Fresh clothing sections.
Fortinos
Fortinos is a mid- to high-end grocery chain operating in the Greater Toronto and Hamilton area. Known for its European-style layout and in-store fresh food stations (bakery, pasta bar, sushi, etc.), Fortinos targets suburban families seeking quality and convenience.
Valu-mart
Valu-mart is a smaller-format supermarket chain located in smaller towns and communities across Ontario. Stores are often independently owned but operate under the Loblaws umbrella, offering many of the same private-label brands and promotions.
Provigo and Provigo Le Marché
Provigo is a Quebec-based supermarket chain owned by Loblaws. It operates under two banners: Provigo and Provigo Le Marché, with the latter offering an upgraded shopping experience. These stores include extensive fresh produce, deli counters, and regional products. They also integrate local Quebec branding with Loblaws’ national strategies.
T&T Supermarket
T&T Supermarket is Canada’s largest Asian grocery chain. Acquired by Loblaws in 2009, T&T operates across British Columbia, Alberta, Ontario, and Quebec. The stores specialize in Asian groceries, seafood, bakery items, and prepared foods. The brand has expanded into e-commerce and delivery services tailored to multicultural communities.
Joe Fresh
Joe Fresh is Loblaws’ in-house clothing and accessories brand. Launched in 2006, it began as an in-store fashion section and evolved into a standalone brand. Joe Fresh is sold in Loblaws-owned banners and online, offering affordable fashion for men, women, and children. It remains a key differentiator in the grocery-retail space.
PC Financial (President’s Choice Financial)
PC Financial is Loblaws’ financial services brand. It offers the PC Money Account, a no-fee banking product integrated with the PC Optimum loyalty program. While traditional banking operations are carried out by a partner bank, PC Financial handles the customer experience, branding, and rewards structure. It offers financial tools and credit cards that reward spending within the Loblaws ecosystem.
PC Optimum
PC Optimum is not a company but a crucial business entity and digital platform operated by Loblaws. It combines the loyalty programs of Shoppers Drug Mart and Loblaws into a single points-based rewards system. It is used across all major banners including No Frills, Real Canadian Superstore, and Joe Fresh. The platform has over 20 million members and supports digital coupons, app-based offers, and targeted promotions.
PC Express
PC Express is Loblaws’ online grocery pickup and delivery service. It allows customers to shop online and either pick up groceries at a scheduled time or have them delivered to their door. PC Express is integrated into most Loblaws banners and is a major component of its e-commerce growth strategy.
President’s Choice (Private Label Brand)
President’s Choice is Loblaws’ flagship private-label food and household brand. It includes premium, organic, and health-focused lines such as PC Blue Menu, PC Organics, and PC Black Label. While not a company, it functions as a major product portfolio and revenue driver across all Loblaws stores.
Life Brand
Life Brand is Loblaws’ private-label health and wellness brand. It is sold exclusively through Shoppers Drug Mart and includes vitamins, supplements, personal care, and medical products. It supports the company’s efforts to build a trusted presence in health-related retail.
Exact
Exact is a private-label brand under Loblaws that offers over-the-counter medications and healthcare essentials. Like Life Brand, it is part of Loblaws’ health portfolio and contributes to the company’s vertical integration of pharmacy and retail services.
Everyday Essentials
Everyday Essentials is a Loblaws private label offering household products, cleaning supplies, and kitchenware at affordable prices. It competes directly with store-brand products in other chains and supports Loblaws’ margin management.
The Mobile Shop
The Mobile Shop is a mobile phone retail service operated by Loblaws within its grocery stores. It offers smartphones, data plans, and accessories through partnerships with major Canadian telecom providers. It is a non-core but strategic addition to Loblaws’ in-store experience.
Click & Collect / Loblaws Digital
Loblaws operates a growing digital division responsible for its online services, mobile apps, and e-commerce platforms. This includes development and operation of Click & Collect, PC Express, and loyalty integrations through digital platforms. It supports seamless retail experiences across physical and digital environments.
Loblaw Pharmacy
Beyond Shoppers Drug Mart, Loblaws also operates in-store pharmacies in Real Canadian Superstore, Zehrs, and other banners. These in-store pharmacies are directly managed by Loblaw Companies Limited and offer prescription services, immunizations, and health consultations.
Loblaws CityMarket
Loblaws CityMarket is a smaller, urban-focused grocery banner operating in dense city centers. It offers fresh food, local produce, and high-end groceries in compact locations designed for city dwellers. It reflects Loblaws’ strategy to expand in premium urban segments.
Independent CityMarket
Independent CityMarket is a premium grocery store format primarily operating in British Columbia and other urban areas. It focuses on high-end products, local ingredients, and a refined shopping experience. It is tailored to affluent urban consumers looking for quality, convenience, and fresh prepared foods.
Independent Grocer / Your Independent Grocer (YIG)
Your Independent Grocer (YIG) is a chain of independently owned and operated grocery stores under the Loblaws umbrella. Found mostly in smaller towns and suburban areas across Canada, these stores offer full-service grocery shopping with access to national promotions, private-label products, and pharmacy services.
Atlantic Superstore
Atlantic Superstore operates in the Maritime provinces including Nova Scotia, New Brunswick, and Prince Edward Island. It serves as Loblaws’ flagship banner in the Atlantic region and offers grocery, pharmacy, general merchandise, Joe Fresh clothing, and PC Financial services.
Maxi
Maxi is a Quebec-based discount supermarket chain owned by Loblaws. It operates alongside Provigo and caters to price-sensitive customers with a wide range of affordable products. Maxi stores are large and include many private-label brands like No Name and President’s Choice.
Wholesale Club
Wholesale Club is a food-service and bulk wholesaler under Loblaws, offering warehouse-style stores for restaurants, small businesses, and non-profit organizations. It is open to the public and provides bulk sizes of food, beverages, cleaning supplies, and kitchen essentials.
Dominion Stores (Newfoundland and Labrador)
Dominion is the main Loblaws banner in Newfoundland and Labrador. Though Dominion stores were once a national chain, the name now survives only in the Atlantic provinces. These stores provide full-service grocery and pharmacy offerings under the Loblaws umbrella.
Extra Foods
Extra Foods is a discount grocery banner once widespread in Western Canada. While many locations have been converted to No Frills or Real Canadian Superstore, a few Extra Foods stores still operate under this brand, offering basic groceries and private-label goods.
Loblaws Market (Flagship Banners)
Loblaws Market stores, often branded simply as Loblaws, are full-service grocery stores found mostly in Ontario. They serve as the flagship stores for the company’s premium shopping experience. These locations feature large Joe Fresh sections, PC Express pickup, pharmacy services, and a wide range of private-label offerings.
Loblaws Optical
Loblaws Optical is operated within selected Real Canadian Superstore and Loblaws Market locations. It offers eye exams, prescription glasses, and contact lenses. The service is integrated with health and wellness initiatives promoted through the company’s pharmacy and health services arms.
Loblaws Travel Services (Travel Health Clinics)
In select regions, Loblaws operates Travel Health Clinics in partnership with Shoppers Drug Mart and in-store pharmacies. These clinics offer travel consultations, vaccinations, and travel insurance. Though not a separate company, it’s a specialized healthcare service under the Loblaws brand.
PC Health
PC Health is a digital healthcare platform created by Loblaws in partnership with technology providers. It offers virtual care, health coaching, and personalized wellness programs. The platform integrates with the PC Optimum program, rewarding users for healthy behaviors and purchases.
Quo Beauty
Quo Beauty is a private-label cosmetics and skincare brand sold through Shoppers Drug Mart and online platforms. It focuses on affordability and inclusivity, offering a wide range of makeup products. It is part of Loblaws’ expanding wellness and beauty portfolio.
Simply Food
Simply Food is a smaller-scale Loblaws brand found in airport locations and urban transit hubs. It provides grab-and-go snacks, ready-made meals, and convenience items. It operates under a different format compared to full-scale grocery stores.
No Name
No Name is one of Canada’s most iconic discount brands. Owned by Loblaws, it includes thousands of low-cost products ranging from groceries to household items. Known for its minimalist yellow-and-black packaging, it is widely sold across all Loblaws banners including No Frills, Superstore, and Maxi.
PC Black Label
PC Black Label is a premium tier under the President’s Choice brand. It offers gourmet products like truffle oil, exotic sauces, fine cheeses, and craft beverages. This brand targets food enthusiasts and is available in Loblaws Market, Superstore, and Zehrs.
PC Organics
PC Organics is Loblaws’ certified organic product line under the President’s Choice brand. It includes produce, dairy, baby food, meat, and pantry items. These products are widely distributed across all Loblaws-owned grocery banners and promoted for healthy, chemical-free eating.
Exact Medications and Personal Care
Exact is a pharmacy-focused private-label brand by Loblaws, offering generic over-the-counter medications, health monitoring tools, and hygiene products. It is sold primarily through Shoppers Drug Mart and in-store pharmacies.
Teddy’s Choice
Teddy’s Choice is Loblaws’ legacy brand for baby care products. It includes diapers, wipes, baby food, and formula, positioned as a more affordable alternative to mainstream brands. Available in most grocery stores owned by Loblaws.
G.R. Teston LP and Related Real Estate Entities
While Choice Properties REIT is the main real estate partner (publicly traded and majority-owned by George Weston), Loblaws operates and manages several related entities like G.R. Teston LP and other limited partnerships to manage distribution centers, warehouses, and store properties under its operational control.
Who is the CEO of Loblaws in 2025?
As of 2025, the role of President and Chief Executive Officer of Loblaw Companies Limited is held by Per Bank. He is responsible for leading strategic direction, company operations, and long-term growth across all business lines.
About Per Bank
Per Bank joined Loblaw in 2023 after a successful career at Salling Group, Denmark’s largest retailer. His leadership experience includes managing multi-channel retail environments, improving customer experience, and launching sustainable initiatives.
Key Responsibilities
Strategic Leadership
Per Bank sets the overall vision and mission of Loblaws. He oversees all divisions, including grocery, pharmacy, financial services, and digital. He also steers investments in technology, real estate, and new formats.
Operational Oversight
He is actively involved in operational performance—looking at supply chain efficiency, store formats, and retail execution. Under his management, Loblaws continues to optimize inventory turnover, enhance e-commerce fulfillment, and reduce operational waste.
Innovation & Digital Transformation
Per Bank champions digital innovation. He has driven the expansion of PC Express, online shopping tools, and loyalty integrations. Loblaws’ digital healthcare services and mobile platforms were launched under his guidance.
Sustainability & ESG (Environmental, Social, Governance)
With sustainability now a corporate priority, Per Bank promotes eco-friendly operations. This includes reducing plastic waste, increasing renewable energy use, and supporting local sourcing. He also focuses on community impact and diversity initiatives.
Customer-Centric Focus
Bank emphasizes building meaningful customer relationships. Under his leadership, Loblaws has simplified loyalty rewards, improved private-label assortment, and refreshed store aesthetics to improve the shopping experience.
Career Highlights at Loblaws
- In 2024, he launched an upgraded PC Optimum app with enhanced AI-based offers.
- In early 2025, Loblaws expanded its e-commerce capacity, opening new Dark Store fulfillment centers.
- He accelerated integration of virtual pharmacies, including telehealth services and in-store nurse consultations.
Board and Governance Role
Per Bank works alongside the Board of Directors, chaired by a non-executive chairperson. Together, they oversee:
- Financial performance and budgeting
- Capital allocation and investment priorities
- Corporate governance and risk management.
Vision for the Future
Per Bank’s vision includes:
- Further e-commerce growth and omnichannel integration
- Expanding health services across grocery and pharmacy
- Scaling sustainable agriculture and supply chain practices
- Enhancing private-label competitiveness and innovation.
Loblaws Annual Revenue and Net Worth
2025 Annual Revenue
In 2025, Loblaw Companies Limited achieved a record-breaking revenue of approximately CAD 61.6 billion. This impressive figure reflects growth across its core segments:
- Grocery and Food Retail: Strengthened by banners such as Real Canadian Superstore, No Frills, and Loblaws Market, which continued to perform strongly in both urban and rural markets.
- Pharmacy and Health & Wellness: Supported by Shoppers Drug Mart, in-store pharmacies, and health clinics, contributing significantly through prescription sales and wellness products.
- Digital and Services Sales: Revenue growth bolstered by PC Express online orders, PC Optimum promotions, and financial services via PC Financial.
This performance marks a strong year-over-year increase, driven by pricing power, expanding market share, and increased digital transaction volumes.
Revenue Breakdown by Division
- Food Retail: ~CAD 42 billion
- Pharmacy & Health: ~CAD 11 billion
- Financial Services & Loyalty: ~CAD 5 billion
- Digital, Apparel & Other: ~CAD 3 billion
This diversification allows Loblaw to balance food retail with higher-margin business lines, reinforcing its market resilience and customer reach.
2025 Net Worth and Market Capitalization
As of July 2025, Loblaw Companies Limited’s net worth stands around CAD 67 billion. This reflects investor confidence in the company’s strategic direction, robust earnings, and dividend outlook.
Balance Sheet and Equity Value
The company reports a shareholder equity valued at approximately CAD 20 billion. This includes retained earnings, common stock, and reserves. It provides a stable foundation for future investments in e-commerce, sustainability, and store modernization.
Profitability Metrics in 2025
- Net Income: ~CAD 2.3 billion
- Profit Margin: Around 3.8%
- EBITDA: Approximately CAD 5.5 billion
These results reflect combined strength in core retail operations and profitability in pharmacy and financial services. Loyalty program redemption costs are well-managed, and digital investments continue to deliver economies of scale.
Comparison with Peers
Compared to other Canadian retailers, Loblaw maintains top-tier performance:
- Highest revenue among food and pharmacy retailers in Canada
- Market cap consistently above peers like Metro and Empire
- Profitability ratios are competitive with large global grocers.
Outlook and Growth Drivers
Loblaws is focusing on:
- Expanding e-commerce, digital healthcare, and telepharmacy
- Growing private-label lines, especially health and organic segments
- Enhancing store formats and customer experience
- Continuing major investments in sustainability, energy efficiency, and community impact.
Final Words
Loblaws has built a massive ecosystem that spans food, pharmacy, fashion, finance, and real estate. When exploring what companies are owned by Loblaws, it becomes clear how deeply embedded the company is in Canadian retail life. Its strategic acquisitions and brand development efforts have made it a powerhouse across many industries. As it continues to innovate and expand, Loblaws will likely remain a dominant force in the Canadian market.
FAQs
How many companies does Loblaw own?
As of 2025, Loblaw Companies Limited owns and operates over 30 companies, brands, and business entities. These include supermarket chains like No Frills and Real Canadian Superstore, pharmacy banners like Shoppers Drug Mart, private-label brands such as President’s Choice, and services like PC Financial and PC Health. The company also runs loyalty, digital retail, and mobile service platforms.
What is the mother company of Loblaws?
The parent or mother company of Loblaws is George Weston Limited. It owns a controlling stake (about 52.6%) in Loblaw Companies Limited and plays a strategic role in its governance and financial decisions.
Which stores are under Loblaws in Canada?
Loblaws operates many banners across Canada, including:
- No Frills
- Real Canadian Superstore
- Zehrs
- Fortinos
- Valu-mart
- Your Independent Grocer
- Loblaws Market / CityMarket
- Shoppers Drug Mart / Pharmaprix
- Provigo / Provigo Le Marché
- Maxi
- T&T Supermarket
- Atlantic Superstore
- Dominion
- Wholesale Club
- Extra Foods
These stores serve diverse markets—from discount shoppers to premium customers.
Does Loblaws own Shoppers Drugs?
Yes, Loblaws owns Shoppers Drug Mart. It acquired the company in 2014 in one of Canada’s largest retail mergers. In Quebec, it operates under the name Pharmaprix.
Is Loblaws 100% Canadian owned?
Yes, Loblaws is 100% Canadian owned. Its parent company, George Weston Limited, is a Canadian holding company. While shares are publicly traded and some institutional investors are global, the company remains under Canadian control and headquartered in Brampton, Ontario.
What is the brand name of Loblaws?
Loblaws operates multiple brand names. Its flagship private-label brand is President’s Choice (PC). Other major in-house brands include No Name, Joe Fresh, PC Organics, PC Black Label, Life Brand, and Exact. For its grocery banners, it uses brand names like No Frills, Zehrs, and Real Canadian Superstore.
Has Loblaw become an everything company?
In many ways, yes. Loblaws has evolved into an “everything company” within Canadian retail. It offers food, pharmacy, health services, financial products, fashion, loyalty programs, mobile phones, and e-commerce. Its wide portfolio allows it to serve nearly every household need.
What is Loblaws ranked in Canada?
As of July 2025, Loblaws is the largest retailer in Canada by revenue. It consistently ranks among the top 10 Canadian companies overall and is the #1 food and pharmacy retailer. Its scale, reach, and customer base make it a leading force in both traditional and digital retail markets.
What companies are owned by Loblaws in the USA?
Loblaws does not directly own any companies in the United States. Its operations are focused entirely within Canada. While some of its brands (like President’s Choice) may have cross-border recognition, the company’s stores and operations are Canadian-based only.
What companies are owned by Loblaws in Canada?
In Canada, Loblaws owns and operates:
- Grocery chains: No Frills, Real Canadian Superstore, Zehrs, Fortinos, Valu-mart, Atlantic Superstore, Maxi, Provigo, Dominion, Wholesale Club
- Pharmacy chains: Shoppers Drug Mart, Pharmaprix
- Ethnic chains: T&T Supermarket
- Private-label brands: President’s Choice, No Name, Joe Fresh, Life Brand, PC Organics, PC Black Label, Exact
- Services: PC Financial, PC Express, PC Health, The Mobile Shop, Click & Collect, Loblaws Pharmacy
Is Sobeys owned by Loblaws?
No, Sobeys is not owned by Loblaws. Sobeys is a separate competitor and the second-largest grocery retailer in Canada. It is owned by Empire Company Limited, a Nova Scotia–based firm.
Is Metro owned by Loblaws?
No, Metro is not owned by Loblaws. Metro Inc. is an independent Canadian food and pharmacy retailer based in Quebec. It operates stores such as Metro, Super C, and Jean Coutu and competes directly with Loblaws across several regions.
Does Loblaws own Shoppers Drug Mart?
Yes, Loblaws owns Shoppers Drug Mart. It acquired the pharmacy chain in 2014.
Who owns No Frills?
No Frills is owned and operated by Loblaw Companies Limited, with most stores run by franchisees.
Is Real Canadian Superstore owned by Loblaws?
Yes, Real Canadian Superstore is one of the flagship retail banners under the Loblaws group.
Does Loblaws own President’s Choice?
Yes, President’s Choice is a private-label brand developed and owned by Loblaws.
Who is the largest shareholder of Loblaws?
George Weston Limited is the largest shareholder, owning more than 50% of Loblaw Companies Limited.
Who is Superstore owned by?
Real Canadian Superstore, commonly called Superstore, is owned by Loblaw Companies Limited.
What are Loblaws sister companies?
Sister companies of Loblaws under George Weston Limited include:
- Weston Foods (historically; it was sold in 2021)
- Choice Properties REIT (real estate investment trust focused on retail properties)
Is Loblaws only in Canada?
Yes, Loblaws operates exclusively in Canada. It does not have retail operations in the United States or other countries.
Does Loblaws sell no name brand?
Yes, Loblaws sells the No Name brand, which is one of its most recognized in-house labels for low-cost, generic products.
Who is the owner of Maxi?
Maxi, a discount grocery store in Quebec, is owned by Loblaw Companies Limited.
Is Shoppers and Loblaws the same?
Shoppers Drug Mart is a separate brand but is owned by Loblaw Companies Limited since its acquisition in 2013.
What stores are under the Loblaws banner?
Stores that operate under Loblaws or its regional banners include:
- Loblaws
- Real Canadian Superstore
- No Frills
- Zehrs
- Fortinos
- Maxi
- Your Independent Grocer
- Valu-Mart
- T&T Supermarket
- Wholesale Club
What is a list of grocery stores not owned by Loblaws?
Grocery store chains not owned by Loblaws include:
- Sobeys / Safeway / FreshCo / Foodland (owned by Empire Company Limited)
- Metro / Super C / Food Basics (owned by Metro Inc.)
- Costco
- Walmart
- Whole Foods Market
- Bulk Barn
- Longo’s (majority-owned by Empire Company Limited)
Does Loblaws own Walmart?
No, Loblaws does not own Walmart. Walmart is an independent multinational corporation headquartered in the United States.
Is Independent owned by Loblaws?
Yes, Your Independent Grocer (YIG) is owned by Loblaw Companies Limited and is often franchised to individual operators.
What are the major grocery stores owned by Loblaws?
Loblaws owns several grocery banners, including:
- Loblaws
- Real Canadian Superstore
- No Frills
- Fortinos
- Zehrs
- Maxi
- Valu-Mart
- Your Independent Grocer
- T&T Supermarket
- Wholesale Club
Does Loblaws own T&T?
Yes, T&T Supermarket, Canada’s largest Asian grocery chain, is fully owned by Loblaw Companies Limited since 2009.