The parent company of Loblaws and Shoppers Drug Mart earned more than $500 million dollars in its first quarter, up from $460 million a year ago. Loblaw says revenue was driven by robust demand at its pharmacy stores and discount banners, Maxi and No Frills. Nivrita Ganguly has more on this and other top business stories in Business Matters for Wednesday, April 30, 2025.
Canada
Business Matters: Loblaw’s quarterly results beat estimates on grocery, pharmacy demand
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