Latest news with #NoFrills
Cision Canada
07-08-2025
- Business
- Cision Canada
Plaza Retail REIT Announces Second Quarter 2025 Results
FREDERICTON, NB, Aug. 7, 2025 /CNW/ - Plaza Retail REIT (TSX: ("Plaza" or the "REIT") today announced its financial results for the three and six months ended June 30, 2025. "The first half of 2025 has demonstrated how our operating performance remains resilient. We are executing grocery anchored optimizations and intensifications, while consolidating ownership positions to drive accretive embedded growth within the existing portfolio," said Jason Parravano, President and Chief Executive Officer of the Trust. "We began some exciting projects this quarter. We are in the process of converting roughly 30,000 square feet of space at the Village Shopping Center in St John's, Newfoundland to a No Frills. This will convert the center to a grocery anchored property, which will enhance value and liquidity for the asset. In addition, we have begun the construction of a 28,000 square foot No Frills store at one of our existing plazas in Brockville Ontario. We will also soon be converting 30,000 square feet of space for another dominant retailer at the same property. We made progress on another No Frills conversion at Spring Park Plaza in Charlottetown, PEI, converting a 10,000 square foot space to a small format No Frills. We also have a number of other property enhancements underway throughout our portfolio." "Through disciplined execution, we also increased our ownership in 3 Ontario Shoppers Drug Mart properties from 25% to 100% at the beginning of June. During the quarter, we were able achieve a 5.3% increase in per unit FFO, drive same-property NOI growth of 1.5%, achieved blended leasing spreads of 14.8% year-to-date, and increased our committed occupancy to 98%. Our negotiated weighted average renewal rates over the term for our open-air centres was 23.8% and our occupancy rate for the same category was just shy of 99%. I am extremely proud of the progress we have made so far this year." (1) Quarterly Highlights NOI was $19.1 million, up $708 thousand or 3.8% from the same period in 2024. The increase is due to an increase in revenue from leasing and rent escalations over the same period in the prior year, partially offset by higher operating expenses, particularly roof and asphalt repairs and maintenance during the current period. Profit and total comprehensive income for the current quarter was $12.7 million compared to $2.4 million in the same period in the prior year. Profit and total comprehensive income was primarily impacted by the change in fair value of investment properties, with a $1.3 million increase recorded in the current quarter compared to a $7.3 million decrease recorded in the same quarter in the prior year. The fair value change year over year was mainly due to increased stabilized NOI from optimization of existing properties and the acquisition of the remaining interest in three properties in Ontario. Profit and total comprehensive income was also impacted by an increase in the share of profit of associates of $1.4 million over the prior year, mainly relating to the non-cash fair value adjustment of the underlying properties in the current year. Profit and comprehensive income was also impacted by changes in non-cash fair value adjustments relating to interest rate swaps, the Class B exchangeable LP units, and convertible debentures. Year-To-Date Highlights NOI was $37.4 million, up $1.0 million or 2.7% from the same period in 2024. The increase is due to an increase in revenue from leasing and rent escalations over the same period in the prior year, partially offset by higher operating expenses, particularly snow removal in the first quarter of 2025 given heavier snowfall compared to the prior year, and roof and asphalt repairs and maintenance during the current period. Profit and total comprehensive income for the current period was $22.0 million compared to $11.9 million in the same period in the prior year. Profit and total comprehensive income was primarily impacted by the change in fair value of investment properties, with a $3.4 million increase recorded in the current period compared to a $8.6 million decrease recorded in the prior year. The fair value change year over year was mainly due to increased stabilized NOI from optimization of existing properties and the acquisition of the remaining interest in three properties in Ontario. Profit and total comprehensive income was also impacted by an increase in the share of profit of associates of $522 thousand over the prior year, mainly relating to the non-cash fair value adjustment of the underlying properties in the current year. Profit and comprehensive income was also impacted by changes in non-cash fair value adjustments relating to interest rate swaps, the Class B exchangeable LP units, and convertible debentures. Summary of Selected Non-IFRS Financial Results (CAD$000s, except percentages, units repurchased and per unit amounts) Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 $ Change % Change Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 $ Change % Change FFO (1) $11,187 $10,627 $560 5.3 % $20,950 $20,543 $407 2.0 % FFO per unit (1) $0.100 $0.095 $0.005 5.3 % $0.188 $0.184 $0.004 2.2 % FFO payout ratio (1) 69.8 % 73.5 % n/a (5.0 %) 74.6 % 76.0 % n/a (1.8 %) AFFO (1) $7,511 $8,924 ($1,413) (15.8 %) $15,800 $16,233 ($433) (2.7 %) AFFO per unit (1) $0.067 $0.080 ($0.013) (16.3 %) $0.142 $0.146 ($0.004) (2.7 %) AFFO payout ratio (1) 104.0 % 87.5 % n/a 18.9 % 98.9 % 96.2 % n/a 2.8 % Same-asset NOI (1) $18,696 $18,428 $268 1.5 % $36,958 $ 36,413 $545 1.5 % Normal course issuer bid – units repurchased - - n/a n/a - 4,920 n/a n/a Committed occupancy – including non-consolidated investments (2) 98.0 % 97.6 % n/a 0.4 % Same-asset committed occupancy (3) 97.6 % 97.2 % n/a 0.4 % (1) This is a non-GAAP financial measure. Refer to the Non-GAAP Financial Measures defined here and in Part I and VII of the MD&A ending June 30, 2025 for more information on each non-GAAP financial measure. (2) Excludes properties under development. (3) Same-asset committed occupancy excludes properties under development and non-consolidated investments. Quarterly Highlights FFO & AFFO: For the three months ended June 30, 2025, FFO increased $560 thousand or 5.3% on a dollar and on a per unit basis, compared with the same quarter in the prior year. FFO increased due to higher NOI from same-asset, acquisitions, developments and properties transferred to income producing. FFO was also impacted by properties sold in 2024 where the capital generated was recently deployed. AFFO decreased $1.4 million or 15.8% on a dollar basis and 16.3% on a per unit basis, compared to the same quarter in the prior year. AFFO was impacted by the changes in FFO noted above, higher leasing costs related to optimization of existing assets, as well as higher maintenance capital expenditures in the current period. Same-asset NOI increased by $268 thousand or 1.5% due to an increase in revenue from rent escalations and renewals, partially offset by higher operating expenses, particularly roof and asphalt repairs and maintenance during the current period. Same asset NOI was also impacted by $218 thousand of bad debt in the current quarter related to two tenant closures. Year-To-Date Highlights FFO & AFFO: For the six months ended June 30, 2025, FFO increased $407 thousand or 2.0% on a dollar basis and 2.2% on a per unit basis, compared with the same period in the prior year. FFO increased due to higher NOI from same-asset, acquisitions, developments and properties transferred to income producing. FFO was also impacted by properties sold in 2024 where the capital generated from those sales was recently deployed. In addition, FFO was impacted from an increase in finance costs-operations, and reorganization costs incurred in the first quarter of 2025. AFFO decreased $433 thousand or 2.7% on both a dollar and on a per unit basis, compared to the same period in the prior year. AFFO was impacted by the changes in FFO noted above, as well as higher leasing costs in the current year, reflecting efforts to attract higher-quality tenants and drive optimizations at existing properties, supporting improved rental spreads. Same-asset NOI increased by $545 thousand or 1.5% due to an increase in revenue from rent escalations and renewals, partially offset by higher operating expenses in the current period as noted above, as well as higher snow removal in the first quarter of 2025. Same asset NOI was also impacted by $218 thousand of bad debt as noted above. Non-GAAP Financial Measures This press release contains certain non-GAAP financial measures including FFO, AFFO and same-asset NOI. These measures are commonly used by entities in the real estate industry as useful metrics for measuring performance. However, they do not have a standardized meaning prescribed by IFRS Accounting Standards and are not necessarily comparable to similar measures presented by other publicly traded entities. These measures should be considered as supplemental in nature and not as a substitute for related financial information prepared in accordance with IFRS Accounting Standards. For further explanation of non-GAAP measures and their usefulness in assessing Plaza's performance, please refer to the section "Basis of Presentation" in Part I and the section "Explanation of Non-GAAP Measures" in Part VII of the REIT's Management's Discussion and Analysis as at June 30, 2025, which can be found on Plaza's website at and on SEDAR+ at The following tables reconcile the non-GAAP measures FFO, AFFO, and NOI to the most comparable IFRS measures. Plaza's summary of FFO and AFFO for the three and six months ended June 30, 2025, compared to the three and six months ended June 30, 2024 is presented below: (000s – except per unit amounts and percentage data, unaudited) 3 Months Ended June 30, 2025 3 Months Ended June 30, 2024 Change over Prior Period 6 Months Ended June 30, 2025 6 Months Ended June 30, 2024 Change over Prior Period Profit and total comprehensive income for the period attributable to unitholders $ 12,596 $ 2,385 $ 21,897 $ 11,789 Incremental leasing costs included in administrative expenses (7) 550 539 830 865 Amortization of debenture issuance costs (8) (18) (18) (36) (36) Distributions on Class B exchangeable LP units included in finance costs – operations 81 81 162 162 Deferred income taxes (9) 96 (75) 196 Right-of-use land lease principal repayments (215) (203) (432) (406) Fair value adjustment to restricted and deferred units 84 (116) 223 (146) Fair value adjustment to investment properties (1,279) 7,316 (3,415) 8,628 Fair value adjustment to investments (9) (845) 257 (59) 60 Fair value adjustment to Class B exchangeable LP units 162 (232) 428 (301) Fair value adjustment to convertible debentures 56 (72) 225 (147) Fair value adjustment to interest rate swaps (69) 345 787 (629) Fair value adjustment to right-of-use land lease assets 215 203 432 406 Equity accounting adjustment (10) (123) 50 16 106 Non-controlling interest adjustment (6) 1 (4) (33) (4) FFO (1) $ 11,187 $ 10,627 $ 560 $ 20,950 $ 20,543 $ 407 FFO change over prior period - % 5.3 % 2.0 % FFO (1) $ 11,187 $ 10,627 $ 20,950 $ 20,543 Non-cash revenue – straight-line rent (5) (65) (174) (159) (217) Leasing costs – existing properties (2) (5) (11) (2,470) (1,308) (3,736) (2,931) Maintenance capital expenditures – existing properties (12) (1,160) (229) (1,327) (1,175) Non-controlling interest adjustment (6) 19 8 72 13 AFFO (1) $ 7,511 $ 8,924 $ (1,413) $ 15,800 $ 16,233 $ (433) AFFO change over prior period - % (15.8 %) (2.7 %) Weighted average units outstanding – basic (1)(3) 111,584 111,526 111,577 111,523 FFO per unit – basic (1) $ 0.100 $ 0.095 5.3 % $ 0.188 $ 0.184 2.2 % AFFO per unit – basic (1) $ 0.067 $ 0.080 (16.3 %) $ 0.142 $ 0.146 (2.7 %) Gross distribution to unitholders (1)(4) $ 7,810 $ 7,806 $ 15,619 $ 15,611 FFO payout ratio – basic (1) 69.8 % 73.5 % 74.6 % 76.0 % AFFO payout ratio – basic (1) 104.0 % 87.5 % 98.9 % 96.2 % FFO (1) $ 11,187 $ 10,627 $ 20,950 $ 20,543 Interest on dilutive convertible debentures 178 179 355 357 FFO – diluted (1) $ 11,365 $ 10,806 $ 559 $ 21,305 $ 20,900 $ 405 Diluted weighted average units outstanding (1)(3) 114,114 114,056 114,107 114,054 AFFO (1) $ 7,511 $ 8,924 $ 15,800 $ 16,233 Interest on dilutive convertible debentures - 179 355 357 AFFO – diluted (1) $ 7,511 $ 9,103 $ (1,592) $ 16,155 $ 16,590 $ (435) Diluted weighted average units outstanding (1)(3) 114,114 114,056 114,107 114,054 FFO per unit – diluted (1) $ 0.100 $ 0.095 5.3 % $ 0.187 $ 0.183 2.2 % AFFO per unit – diluted (1) $ 0.067 $ 0.080 (16.3 %) $ 0.142 $ 0.145 (2.1 %) (1) This is a non-GAAP financial measure. Refer to "Non-GAAP Financial Measures" in Part I and "Explanation of Non-GAAP Financial Measures" in Part VII of the MD&A for more information. (2) Based on actuals. (3) Includes Class B exchangeable LP units. (4) Includes distributions on Class B exchangeable LP units. (5) Includes proportionate share of revenue and expenditures at equity-accounted investments. (6) The non-controlling interest ("NCI") adjustment includes adjustments required to translate the profit and total comprehensive income attributable to NCI of $57 thousand and $75 thousand for the three and six months ending June 30, 2025 (June 30, 2024 –$52 thousand and $104 thousand, respectively) to FFO and AFFO for the NCI. (7) Incremental leasing costs included in administrative expenses include leasing costs of salaried leasing staff directly attributed to signed leases that would otherwise be capitalized if incurred from external sources. These costs are excluded from FFO in accordance with REALPAC's definition of FFO. (8) Amortization of debenture issuance costs is deducted on a straight-line basis over the remaining term of the related convertible debentures, in accordance with REALPAC. (9) Fair value adjustment to investments relate to the unrealized change in fair value of equity accounted entities which are excluded from FFO in accordance with REALPAC's definition of FFO. (10) Equity accounting adjustment for interest rate swaps includes the change in non-cash fair value adjustments relating to interest rate swaps held by equity accounted entities, which are excluded from FFO in accordance with REALPAC's definition of FFO. (11) Leasing costs – existing properties include internal and external leasing costs except to the extent that leasing costs relate to development projects, in accordance with REALPAC's definition of AFFO. See the Gross Capital Additions Including Leasing Fees note on page 27 of the MD&A. (12) Maintenance capital expenditures – existing properties include expenditures related to sustaining and maintaining existing space, in accordance with REALPAC's definition of AFFO. See the Gross Capital Additions Including Leasing Fees note on page 27 of the MD&A. Net Property Operating Income (NOI) and Same-Asset Net Property Operating Income (Same-Asset NOI) (000s) 3 Months Ended June 30, 2025 (unaudited) 3 Months Ended June 30, 2024 (unaudited) 6 Months Ended June 30, 2025 (unaudited) 6 Months Ended June 30, 2024 (unaudited) Same-asset NOI (1) $ 18,696 $ 18,428 $ 36,958 $ 36,413 Acquisitions, developments and redevelopments transferred to income producing in 2024 & 2025 ($5.8 million annual stabilized NOI) 1,335 502 2,379 742 NOI from properties currently under development and redevelopment ($533 thousand annual stabilized NOI) 4 48 4 104 Straight-line rent 65 174 159 218 Administrative expenses charged to NOI (1,235) (1,116) (2,330) (2,076) Lease termination revenue 163 3 167 33 Properties disposed 100 414 217 963 Other (30) (63) (112) 45 Total NOI (1) $ 19,098 $ 18,390 $ 37,442 $ 36,442 Percentage increase over prior period 3.8 % 2.7 % (1) This is a non-GAAP financial measure. Refer to "Non-GAAP Financial Measures" in Part I and "Explanation of Non-GAAP Financial Measures" in Part VII of the MD&A for more information. Cautionary Statements Regarding Forward-looking Information This press release contains forward-looking statements relating to Plaza's operations, outlook, condition and the environment in which it operates, including with respect to Plaza's outlook or expectations regarding its ongoing and future operating performance optimization and intensification activities, and other projects. Forward-looking statements are not future guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Plaza to be materially different from any future results, performance or achievements expressed, implied or projected by forward-looking statements contained in this press release, including but not limited to changes in economic, retail, capital market, or debt market conditions, including recessions and changes in, or the extent of changes in, interest rates and the rate of inflation; changes to applicable duties, tariffs and trade laws; supply chain constraints; competitive real estate conditions; and others described in Plaza's Annual Information Form for the year ended December 31, 2024 and Management's Discussion and Analysis for the three and six months ended June 30, 2025 which can be obtained on the REIT's website at or on SEDAR+ at Forward-looking statements are based on a number of expectations and assumptions made in light of management's experience and perceptions of historical trends and current conditions, including that progress continues on Plaza's optimizations, intensifications and other projects , that tenant demand for space continues, and that Plaza is able to lease or re-lease space at anticipated rents. Although based upon information currently available to management and what management believes are reasonable expectations and assumptions, there can be no assurances that forward-looking statements will prove to be accurate. Readers, therefore, should not place undue reliance on any forward-looking statements. Plaza undertakes no obligation to publicly update any such statements, except as required by law. These cautionary statements qualify all forward-looking statements contained in this press release. Further Information Information appearing in this press release is a select summary of results. A more detailed analysis of the REIT's financial and operating results is included in the REIT's Management's Discussion and Analysis and Consolidated Financial Statements, which can be found on the REIT's website at or on SEDAR+ at Conference Call Jason Parravano, President and CEO and Jim Drake, CFO, will host a conference call for the investment community on August 8, 2025, at 10:00 a.m. EDT. The call-in numbers for participants are 1-416-945-7677 (local Toronto) or 1-888-699-1199 (toll free, within North America). A replay of the call will be available until August 15, 2025. To access the replay, dial 1-289-819-1450 (local Toronto) or 1-888-660-6345 (Passcode: 99079#). The audio replay will also be available for download on the REIT's website for 90 days following the conference call. About Plaza Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at June 30, 2025, includes interests in 205 properties totaling approximately 8.9 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments. For more information, please visit
Hamilton Spectator
31-07-2025
- Business
- Hamilton Spectator
Will Costco, No Frills, Farm Boy, Metro and FreshCo be open in Ontario for the August Civic Holiday?
If you're looking to pick up a few things for the August long weekend, you'll need to take note of grocery stores closures in Ontario for the Civic Holiday on Monday, Aug. 4. Some Costco, No Frills, Farm Boy, Metro and FreshCo locations may have reduced hours or services. Costco locations across Ontario will be open on Monday, Aug. 4. Costco's home delivery service, however, will not be available on the August long weekend, as per the company's stated hours and holiday closures . Most No Frills locations will be open, however, individual locations will operate with reduced hours. For example, Mark's No Frills in North York will be open from 8 a.m. to 6 p.m. To see if your local No Frills will be open Aug. 4 and what the reduced hours may be, visit . Farm Boy locations across Ontario are set to remain open with special reduced hours for the Aug. 4 Civic Holiday. For example, the Farm Boy located at Toronto's Harbourfront at 207 Queens Quay W. will be open from 8 a.m. to 10 p.m. To see the hours of operation for your local Farm Boy, visit . Ontario Metro locations are set to remain open during the Aug. 4 Civic Holiday long weekend, but may operate at reduced hours. It is recommended you check your local Metro location for specific hours of operation on Aug. 4 at . FreshCo stores will be open. However, most locations across Ontario will be open only from 9 a.m. to 6 p.m., while Woodbridge locations will operate at normal hours. Visit the and use the store locator which will highlight each location's specific hours of operation. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Hamilton Spectator
25-06-2025
- Business
- Hamilton Spectator
This grocery store chain is opening a new location on the Hamilton Mountain
The Hamilton Mountain is getting a new grocery store. Scott's No Frills will open at 970 Upper Wentworth St., on June 26 — right across the road from Lime Ridge Mall, Loblaw Companies Ltd. confirmed to The Spectator in an email. The store, which will span roughly 15,000 square feet, will carry fresh produce, meat, frozen goods, multicultural products and Canadian items, a statement from the grocery chain said. The franchisee of the location, Scott Herbert, began working for No Frills — a chain of discount supermarkets under the Loblaw banner — more than a decade ago. He originally started as a dairy clerk, read the statement. Herbert moved up in the company and held managerial roles such as produce manager and later was an associate manager. He began the journey of becoming a franchisee last year, according to Loblaw. Loblaw noted the opening of the store has created 60 new jobs for the community. To mark the opening, Herbert is donating $1,500 to the Neighbour to Neighbour Centre. To celebrate the grand opening, the store will host giveaways for the first 100 customers each day from June 26 to 29. And starting on July 8, customers will be able to utilize delivery options and PC Express pickup. The store will be open from 7 a.m. to 9 p.m., daily. The opening of the store marks a new grocery offering for the area, which already has a Fortinos on Mall Road as well as M&M Food Market and Eastern Food Market on Upper Wentworth. There are several other No Frills locations across Hamilton.
Cision Canada
16-06-2025
- Business
- Cision Canada
DoorDash and PC Optimum™ Reward Canadians With New Loyalty Integration
Customers ordering delivery with DoorDash can now earn PC Optimum™ points on eligible orders of restaurant meals, weekly groceries, and more. TORONTO, June 16, 2025 /CNW/ - Ordering on DoorDash just got more rewarding! PC Optimum™, Canada's leading rewards program, and DoorDash, one of the world's leading local commerce platforms, are working together to provide Canadians with a seamless and delicious new way to earn PC Optimum™ points. Beginning today, PC Optimum™ members can earn five points for every dollar spent on eligible DoorDash orders delivered from their favourite restaurants and Loblaw-banner stores (including Real Canadian Superstore, No Frills, Loblaws, Shoppers Drug Mart, and more), offering Canadians a new way to earn. "PC Optimum™ has always been about rewarding Canadians for the things they buy most often," said Lauren Steinberg, Executive Vice President and Chief Digital Officer at Loblaw Companies Limited. "By partnering with DoorDash, we're extending the value of our program beyond our stores and into even more moments of everyday life. Whether it's groceries, everyday essentials, pharmacy, or now your favourite restaurant meals, we're making it easier to earn rewards wherever and however you choose to eat. This is another step in solidifying PC Optimum™ as the most rewarding and relevant loyalty program in the country." PC Optimum™ members can earn five points for every dollar spent on eligible DoorDash orders after linking their PC Optimum™ account to their DoorDash account. To celebrate the new way to earn, PC Optimum™ members will receive ten points for every dollar spent on eligible orders for the first three months, unlocking double the points-earning potential – in addition to 25,000 PC Optimum points™* for customers that are entirely new to DoorDash. "Connecting customers with the best of their neighbourhoods is our bread and butter, whether that's by ordering a delicious restaurant meal, a weekly supply of groceries, or a last-minute beauty haul," said Kyra Huntington, Head of Strategy and Operations at DoorDash Canada. "By enabling customers to earn PC Optimum™ points on many purchases through DoorDash, we're providing customers with an accelerated way for individuals to save on future shopping trips at Loblaw-banner stores. The more you order in, the more you can save the next time you go out." Ready to dig in? Here's the dish on how the partnership between DoorDash and PC Optimum™ works: Earn Points on Restaurants and More: Get five PC Optimum™ points for every dollar spent on eligible orders from your favourite restaurants and purchases at participating Loblaw-banner stores, including Real Canadian Superstore, No Frills, Shoppers Drug Mart, Maxi, Real Atlantic Superstore, and PC Express Rapid Delivery locations through DoorDash – plus an extra five points per dollar for the first three months. Limited Time New and Existing Customer Launch Bonus: From now through July 16, DoorDash and PC Optimum™ are sweetening the deal with two bonus offers. New DoorDash customers who create an account and link their PC Optimum™ account will unlock a whopping 25,000 points* after completing three eligible orders of $20 or more (15,000 points on your first order and 5,000 points on your second and third). Existing customers can link their PC Optimum™ account on DoorDash and get 5,000 points** on their first eligible order after linking and spending $20 before taxes and tips. Earning more points at more places is easy – simply visit DoorDash's app or website to link your PC Optimum™ account or sign up as a new member and start earning today. About DoorDash DoorDash (NASDAQ: DASH) is one of the world's leading local commerce platforms that helps businesses of all kinds grow and innovate, connects consumers to the best of their neighbourhoods, and gives people fast, flexible ways to earn. Since its founding in 2013, DoorDash has expanded to over 30 countries, using technology and logistics to shape the future of commerce. Through its Marketplace and its Commerce Platform, DoorDash is driving economic vitality in the regions it serves worldwide. About Loblaw Companies Limited Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,500 corporate franchised and Associate-owned locations, Loblaw, its franchisees, and Associate-owners employ more than 220,000 full- and part-time employees, making it one of Canada's largest private sector employers. Loblaw's purpose – Live Life Well ® – puts first the needs and well-being of Canadians who make one billion transactions annually in the company's stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,100 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at nearly 1,400 Shoppers Drug Mart ® and Pharmaprix ® locations and close to 500 Loblaw locations; PC Financial ® services; affordable Joe Fresh ® fashion and family apparel; and four of Canada's top-consumer brands in Life Brand ®, Farmer's Market™, no name ® and President's Choice ®. *New Customer Offer. Earn 25,000 PC Optimum™ points on your first 3 orders on DoorDash when you sign up on DoorDash as a new user and link your PC Optimum account. Eligible only to new customers to DoorDash (never placed an order) or users who have not placed an order on DoorDash in the last 365 days. User must successfully link their PC Optimum account to DoorDash prior to placing their first qualifying order on DoorDash. Offer valid through 7/16/2025. Valid for 30 days from signup. Valid only on orders with a minimum subtotal of $20, excluding fees and taxes. Eligible customers will earn 15,000 PC Optimum™ points upon placing their first qualifying order on DoorDash. Earn an additional 5,000 PC Optimum™ points upon placing your second and third qualifying orders on DoorDash. A combined maximum of 25,000 PC Optimum™ points can be earned if a customer places first three qualifying orders on DoorDash. Points will be automatically earned at checkout. Not valid for the purchase of alcohol. You must be a PC Optimum™ member to earn points. To register as a PC Optimum™ member, visit Limit of one DoorDash account linked to any PC Optimum account at one time. See general program terms and conditions at **Existing Customer Welcome Offer. Earn 5,000 PC Optimum™ points when you link your PC Optimum™ account and place a qualifying order on DoorDash. Eligible only to existing users of DoorDash who have previously placed an order on DoorDash in the last 365 days and are not new users within their first month on DoorDash. Must link PC Optimum on DoorDash and place an order over $20 subtotal, excluding taxes and fees, to qualify. Not valid for the purchase of alcohol. Offer will be automatically applied at checkout for qualified users and transactions. Offer ends on 7/16/2025. You must be a PC Optimum™ member to earn points. To register as a PC Optimum™ member, visit Limit of one DoorDash account linked to any PC Optimum account at one time. See general program terms and conditions at .
Globe and Mail
11-06-2025
- Business
- Globe and Mail
Toronto Pride says there won't be any ‘noticeable differences' to events despite $900,000 funding gap
The organization behind Toronto's Pride events says there won't be any noticeable changes to this month's programming despite a six-figure funding gap. Pride Toronto's executive director Kojo Modeste says the festival faces a $900,000 shortfall that is likely to impact programming next year. Modeste says the funding gap was caused by corporate sponsors pulling their support and the rising costs of running the festival. Three companies withdraw as sponsors of Toronto's Pride festival amid DEI backlash Modeste says some sponsors are not returning as American companies move away from diversity, equity and inclusion efforts that have been under attack by U.S. President Donald Trump's administration. Other Canadian sponsors, including Shopper's Drug Mart and No Frills, have stepped up in the face of Pride Toronto's financial woes. Toronto's Pride parade will take place on June 29.
