Domestically-owned firms dominate the food retail market in Canada, and Loblaw takes the lead.
Domestically-owned firms dominate the food retail market in Canada. Loblaw, Metro and Sobeys have over 2,600 stores employing almost 250,000 people across the country. Metro is concentrated in Ontario and Quebec while Loblaw and Sobeys are in every province. Their total revenue of $58.2 billion (a small portion of which comes from drug store sales) comprises about 67% of Canada’s retail food and convenience store sales. U.S.-owned Safeway, which is mainly located in Western Canada, adds another $6.2 billion (7%), and Costco, which is classified as a general merchandise store, has approximate food sales of $4 billion. Another Canadian firm, Alimentation Couche-Tard, took up $2.1 billion of Canadian convenience store revenue and also recorded $14.8 billion of gas and convenience store sales in the U.S.
Blogs & Comment
Infographic: Slicing up Canada's retail food market
Domestically-owned firms dominate the food retail market in Canada, and Loblaw takes the lead.
By Phil Froats
Domestically-owned firms dominate the food retail market in Canada. Loblaw, Metro and Sobeys have over 2,600 stores employing almost 250,000 people across the country. Metro is concentrated in Ontario and Quebec while Loblaw and Sobeys are in every province. Their total revenue of $58.2 billion (a small portion of which comes from drug store sales) comprises about 67% of Canada’s retail food and convenience store sales. U.S.-owned Safeway, which is mainly located in Western Canada, adds another $6.2 billion (7%), and Costco, which is classified as a general merchandise store, has approximate food sales of $4 billion. Another Canadian firm, Alimentation Couche-Tard, took up $2.1 billion of Canadian convenience store revenue and also recorded $14.8 billion of gas and convenience store sales in the U.S.