English GWL 2020 Annual Report
2020 Annual Report Report to Shareholders Fellow Shareholders, At this time last year, we celebrated a milestone in our transformation at George Weston Limited as we completed our first full year of direct ownership in Choice Properties. With three strategic, complementary businesses in Retail, Real Estate and Consumer Goods, we were confident in the long-term opportunities for our group of companies and the essential role that they play in their communities. We had no idea just how sharply the term “essential” would come into focus as the current COVID-19 pandemic unfolded. Today, we look back with a strong sense of pride and purpose as each of our businesses rose to the challenges of the past year while supporting their employees, customers, and tenants. Loblaw helped millions of Canadians stay fed and well while keeping both customers and colleagues safe through enhanced safety practices. At the same time, Loblaw harnessed new technologies to meet a step-change in e-commerce demand and brought healthcare to patients in their homes via virtual platforms. Choice Properties quickly rolled out additional security, sanitation and social distancing measures to ensure the safety of tenants at its properties, many of which house the essential bakeries, warehouses, supermarkets, and pharmacies that we continued to operate across the group. Weston Foods kept bakery shelves stocked in stores and quick service restaurants as demand spiked. Assortments were adjusted in real time to reduce line changes, drive efficiency, and get customers the products they needed most. 1 GEORGE WESTON LIMITED 2020 ANNUAL REPORT GEORGE WESTON LIMITED 2020 ANNUAL REPORT 1 All of these measures were in response to challenges presented by the pandemic, and their success was the direct result of the remarkable people who worked across The success of our our group under extraordinary circumstances over the last year.
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