New Optical Chain Shoppers Drug Mart

[Lab Insight]

The well known Shoppers Drug Mart chain owned by Loblaws, will soon be test piloting new optical stores in a few of its Ontario locations. I'm surprised they waited this long to enter the optical arena.

Backed by Loblaws and its own iron clad branding, I see this as being a very successful venture.

Thoughts?

[tmorse]

The well known Shoppers Drug Mart chain owned by Loblaws, will soon be test piloting new optical stores in a few of its Ontario locations. I'm surprised they waited this long to enter the optical arena.

Backed by Loblaws and its own iron clad branding, I see this as being a very successful venture.

Thoughts?

I'm surprised they didn't do their test market pilot here in British Columbia.

[Chris Ryser]

Loblaw operates six independent divisions....................

The well known Shoppers Drug Mart chain owned by Loblaws, will soon be test piloting new optical stores in a few of its Ontario locations. I'm surprised they waited this long to enter the optical arena.

Backed by Loblaws and its own ironclad branding, I see this as being a very successful venture.Thoughts?

Chains in Canada seems to be the future in the optical retail business. When the times are going to be right, they can sell them in a big package to the new Essilux for good money.

It all points to the demise of the good old fashioned family owned optical retailer.

Loblaw owned stores will most probably be placed in heavy traffic areas close to or inside their supermarkets.

Canada's food and pharmacy leader, with a network of corporate and independently- operated stores in communities across the country, and employing close to 200,000 Canadians.

Loblaw's purpose – Live Life Well – supports the needs and well-being of Canadians who make one billion visits each year to the company’s stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations that span the value spectrum from discount to specialty; full-service pharmacies; no-fee banking; affordable fashion and family apparel; and, three of Canada's top consumer brands in President's Choice®, Life Brand®, and no name®.

Loblaw operates six independent divisions.

source:

http://www.loblaw.ca/en/about-us.html