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Story summary
- Loblaw Cos. Ltd., the retailer, plans a $2.4 billion investment in 2026.
- The company aims to open 70 locations, including 34 Shoppers Drug Mart and Pharmaprix pharmacies and 31 No Frills and Maxi stores.
- Loblaw will renovate 191 existing stores as part of a five-year plan to invest $10 billion by 2030.
- Caledon, Ontario will host a new automated distribution center.
- Loblaw will report its fourth-quarter and full-year results soon.
