Loblaws sells off Shoppers Wellwise stores

Donoreo

https://retail-insider.com/bulletin/2025/01/loblaw-sells-wellwise-by-shoppers-stores-to-verillium-health-care/

Thane_Bitter

Donoreo Looks like a SDM store but with slightly more elderly devices and less makeup. Seems like they could not make it work, or at least generate the expected profit such stores were intended to generate. Also guess which former Ontario Premier works for Verillium? It's Mike Harris, yeah that guy, and his "common sense revolution" that cut healthcare funding, rewarded private corporations and leased out provinal assets for cash.

danf

That's kind of odd. Maybe the store was too expensive for their targeted audience.

Shoppers itself had always been on the expensive side.

Donoreo

Thane_Bitter Looks like a SDM store but with slightly more elderly devices and less makeup. Seems like they could not make it work, or at least generate the expected profit such stores were intended to generate.

Makeup is a high-margin item, that is why you walk through the makeup department in most stores to get in. Much of the makeup is also auto-picked, no people are involved in picking it so that increases the margin.

AsherN

Donoreo And as someone who is sensitive to smell, I always dread going to SDM.