George Weston Ltd

WX5

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

    31 December 2026

    Employees

    220,000

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