10:31 AM EST, 12/17/2024 (MT Newswires) -- Loblaw Companies ( LBLCF ) on Tuesday said it has established a new committee of its Board of Directors entitled the Patient Care and Quality Committee.

The committee, comprised of board members, will be advised by independent external healthcare experts, and will focus on quality improvement, health outcomes, critical incidents, and risk management for Loblaw's ( LBLCF ) healthcare operations, including Shoppers Drug Mart, Loblaw Pharmacies, and Lifemark.

"Shoppers Drug Mart is proud of the contribution being made at its nearly 1,400 Associate-owned locations across the country to improve the lives and health of Canadians," said Jeff Leger, President, Shoppers Drug Mart. "The Patient Care and Quality Committee will help ensure we continue to deliver the care our patients rely on today while also preparing our team of dedicated professionals for the changing healthcare landscape of the future."

Loblaw ( LBLCF ) was last seen down $0.90 to $193,98, on the Toronto Stock Exchange.

Price: 193.98, Change: -0.90, Percent Change: -0.46