George Weston Ltd

Company Profile

• Business description

  George Weston is a holding company that controls majority stakes in retailer Loblaw and in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

• Contact

  22 St. Clair Avenue East
  Suite 800
  TorontoONM4T 2S5
  CAN

  T: +1 416 922-2500

  E: [email protected]

  https://www.weston.ca

• Sector

  Consumer Defensive

  Stock type

  Defensive

• Industry

  Grocery Stores

  Fiscal Year End

  Employees

  220,000