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Loblaw takes PC Optimum charge in Q4 as more customers redeem loyalty points

Summary by castanet.net

Loblaw Companies Ltd. is seeing more participation in its popular PC Optimum loyalty program — and more points being redeemed at checkout. Customers redeemed more than a billion dollars' worth of Optimum points in 2024, according to Loblaw's annual report. There are more than 17 millio...

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castanet.net

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thealbertan.com

Loblaw takes PC Optimum charge in Q4 as more customers redeem loyalty points

3 days ago·Kelowna, Canada

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Global News

PC Optimum charge drives Loblaw Q4 profit down from year ago - National

Excluding the favourable impact of the timing of Thanksgiving, Loblaw says food retail same-store sales were up about 1.5 per cent.

3 days ago·Toronto, Canada

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The Globe & Mail

Loblaw expects U.S. tariff threats to boost sales for in-house brands as fourth-quarter profit dips, CEO says

Retailer sees surge in people participating in loyalty program, redeeming points as shoppers look to save money

3 days ago·Canada

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Rocky Mountain Outlook

Loblaw reports Q4 profit down from year ago as it takes PC Optimum charge

BRAMPTON, Ont. — Loblaw Companies Ltd. reported its fourth-quarter profit fell compared with a year ago as it was hit by a non-cash charge related to its PC Optimum loyalty program due to higher member participation and higher redemption rates.

3 days ago

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