Loblaw Companies Ltd

L: XTSE (CAN)
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Loblaw: Strong Execution Defends Relevance, but a Global Scale Gap Precludes a Moat; Shares Pricey

As Canada's largest food and pharmacy retailer, Loblaw is working to navigate an increasingly competitive market by leveraging its conventional and discount grocery network as well as Shoppers Drug Mart to capture demand across income levels while competing with globally scaled rivals.

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