Attention Loblaws Shoppers: Economic nationalism for sale in Canada’s retail history
By Katharine Rollwagen On July 15, 2013, the chairman of Loblaw, Canada’s largest supermarket retailer, announced the company’s purchase of Shoppers Drug Mart, the largest pharmacy chain in the country. The merger of two of Canada’s most recognizable retail brands was quickly hailed as a mega-deal that will create a “homegrown juggernaut” – a $12.4 billion acquisition that positions the… Read more »