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Slide #9. Loblaw Companies Limited — Shoppers Drug Mart Corporation
Loblaw Companies Limited (TSE:L.CA)
Shoppers Drug Mart Corporation
Loblaw Companies Limited (TSX: L) ("Loblaw") today announced that it has completed its acquisition of Shoppers Drug Mart Corporation ("Shoppers Drug Mart"), which is now a unique and separate operating division of Loblaw.
Loblaw Companies is a holding company. Through its subsidiaries, Co. has two reportable operating segments: Retail and Financial Services. The Retail segment consists primarily of corporate and franchise-owned retail food and Associate-owned drug stores, and includes in-store pharmacies and other health and beauty products, apparel and other general merchandise. Co.'s Financial Services segment provides credit card services, insurance brokerage services, guaranteed investment certificates and wireless mobile products and services, and operates the PC Optimum loyalty program.
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