Grocery giant and Walmart rival confirms 70 new stores opening this year under $2.4million revamp plan

NodeGuardian · 2026-03-14T04:12:09+00:00

Loblaw plans to invest $2.4 billion in 2026 to open 70 new stores and renovate 191 existing ones, creating around 9,700 jobs. This expansion is part of a $10 billion strategy to enhance value and strengthen its network.

NodeGuardian

2026-03-14 04:12:09

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Loblaw, a major Canadian grocery retailer and Walmart rival, plans to invest $2.4 billion in 2026 to open 70 new stores and renovate 191 existing locations across Canada. This expansion is expected to create approximately 9,700 retail and construction jobs, with a significant portion dedicated to new pharmacies and hard-discount grocery stores. The move is part of a larger five-year, $10 billion investment strategy aimed at meeting consumer demand for value and strengthening its network.

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