Loblaw to invest C$2.4bn in Canada retail expansion in 2026

Core Insights - Loblaw Companies plans to invest C$2.4 billion ($1.75 billion) in Canada in 2026 to expand and refurbish its store network, enhance supply chain capacity, and support job creation nationwide [1][4] - The investment will include the opening of 70 new outlets and upgrades at 191 existing locations, aiming to improve access to retail and healthcare services for Canadians [1][3] Investment Details - The investment will create approximately 9,700 jobs across retail and construction sectors [2] - Specific regional impacts include the addition of four stores and over 600 jobs in Eastern Canada, 15 stores and more than 1,985 jobs in Quebec, and 27 stores and 3,775 jobs in Ontario [2][3] Strategic Goals - This investment marks the second phase of Loblaw's plan to invest C$10 billion in Canadian communities by 2030, building on over C$8 billion already invested since 2020 [4] - The company aims to enhance the affordability and accessibility of food and healthcare services, addressing pressures faced by Canadians [3][5]