Overview
George Weston is a Toronto holding company that operates through Loblaw and Choice Properties segments.[2] Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless products, and Choice Properties owns and develops commercial and residential real estate across Canada.[2] Forbes records it was founded by George Weston in 1882.[2] Sales were US$46.9bn, up 4.4%, and profit US$843m. It moved from twentieth to nineteenth, overtaking Woolworths.[2] Because Forbes ranks listed companies, George Weston appears here rather than its listed subsidiary Loblaw, whose results it consolidates. It employs 220,000 people.[2]
George Weston strengths and limitations
Strengths
- Largest Canadian grocery group
- Owns real-estate arm
- Moved up one place
Limitations
- Holding structure includes minority interests
- Canada-only
- Profit margin under 2%
Appears in
George Weston peers and competitors
Companies ranked in the same lists as George Weston.
Alimentation Couche-Tard- Royal Bank of Canada
- Lowe’s
- JD.com
- Home Depot
Kroger- Alibaba Group
Ahold Delhaize
Target- Tesco PLC
- Carrefour SA
- AEON
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