date:Jul 31, 2014
he country's number-one grocery retailer and number-one pharmacy and beauty retailer were brought together in the second quarter through the successful completion of Loblaw's acquisition of Shoppers Drug Mart. The increased scale and competitive positioning of the Company within the Canadian market as well as the opportunities to realize significant synergies position us extremely well to meet both the changing needs of Canadian consumers and to create long term value for shareholders, said W. G