Canadian supermarket chain Loblaw Companies Ltd. announced this week they are building 50 new stores and refurbishing 150 more. They believe this will create about 5000 new jobs, and potentially 20,000 jobs when including construction trades, according to their press release.
Galen G. Weston, executive chairman and president, said, “We continue to invest in our business in ways that matter for the Canadian economy and the millions of Canadians who shop with us each week. Our investment will create local jobs and bring nutrition and wellness solutions closer to home.”
Their press release did not say specifically where or when these new stores would open or be renovated other than in the coming year. This news is a repeat of a press release by Loblaw last March 2015; however it does show a continued commitment to growth in the Canadian retail economy as a whole.
