The Threat of Wal-Mart and Target Drives Loblaw’s proposed acquisition of Shoppers Drug Mart

July 21, 2013 by Dan Goodwill

The major business news story in Canada this past week was the planned acquisition of Shoppers Drug Mart by Loblaw Companies Limited for $12.4 billion. Loblaw Companies Limited, a subsidiary of George Weston Limited, is Canada’s largest food retailer and…