George Weston Limited

From WikiMD's Wellness Encyclopedia

George Weston Limited[edit | edit source]

George Weston Limited
Company typePublic
TSXWN
IndustryRetail
Founded1882
FounderGeorge Weston
HeadquartersToronto, Ontario, Canada
Key people
Galen G. Weston (Chairman and CEO)
RevenueCA$ 48.6 billion (2019)
CA$ 2.2 billion (2019)
CA$ 1.6 billion (2019)
Total assetsCA$ 43.2 billion (2019)
Total equityCA$ 13.8 billion (2019)
Number of employees
200,000 (2019)
ParentLoblaw Companies Limited
Websitegeorgewestonlimited.ca


George Weston Limited is a Canadian retail company founded in 1882 by George Weston. It is headquartered in Toronto, Ontario, Canada. The company is publicly traded on the Toronto Stock Exchange under the ticker symbol TSXWN.

Overview[edit | edit source]

George Weston Limited operates through its various subsidiaries in the retail industry. The company's primary subsidiary is Loblaw Companies Limited, one of the largest food and pharmacy retailers in Canada. Loblaw operates a network of grocery stores, pharmacies, and other retail outlets across the country.

History[edit | edit source]

George Weston Limited was established in 1882 by George Weston, who started a bakery in Toronto. Over the years, the company expanded its operations and diversified into various sectors of the retail industry. In 1947, George Weston Limited acquired Loblaw Groceterias, which eventually became its primary subsidiary.

Leadership[edit | edit source]

The current Chairman and CEO of George Weston Limited is Galen G. Weston. He has been leading the company since 2006 and has played a significant role in its growth and success.

Financial Performance[edit | edit source]

In 2019, George Weston Limited reported a revenue of CA$

48.6 billion, operating income of CA$
2.2 billion, and net income of CA$
1.6 billion. The company's total assets were valued at CA$
43.2 billion, with equity amounting to CA$
13.8 billion. As of 2019, George Weston Limited employed approximately 200,000 people.

References[edit | edit source]

External links[edit | edit source]

WikiMD
Navigation: Wellness - Encyclopedia - Health topics - Disease Index‏‎ - Drugs - World Directory - Gray's Anatomy - Keto diet - Recipes

Search WikiMD

Ad.Tired of being Overweight? Try W8MD's physician weight loss program.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro / Zepbound) available.
Advertise on WikiMD

WikiMD's Wellness Encyclopedia

Let Food Be Thy Medicine
Medicine Thy Food - Hippocrates

Medical Disclaimer: WikiMD is not a substitute for professional medical advice. The information on WikiMD is provided as an information resource only, may be incorrect, outdated or misleading, and is not to be used or relied on for any diagnostic or treatment purposes. Please consult your health care provider before making any healthcare decisions or for guidance about a specific medical condition. WikiMD expressly disclaims responsibility, and shall have no liability, for any damages, loss, injury, or liability whatsoever suffered as a result of your reliance on the information contained in this site. By visiting this site you agree to the foregoing terms and conditions, which may from time to time be changed or supplemented by WikiMD. If you do not agree to the foregoing terms and conditions, you should not enter or use this site. See full disclaimer.
Credits:Most images are courtesy of Wikimedia commons, and templates Wikipedia, licensed under CC BY SA or similar.

Contributors: Prab R. Tumpati, MD