Loblaw Companies Limited is a food distributor and a provider of drugstore, general merchandise and financial products and services. The Company operates in two segments: Retail and Financial Services. The Retail segment consists primarily of food and also includes drugstore, gas bars, apparel and other general merchandise. The Financial Services segment, which includes credit card services, a retail loyalty program, insurance brokerage services, personal banking services provided by a Canadian chartered bank, deposit taking services and telecommunication services. It offers control (private) label program, including the President�s Choice, no name and Joe Fresh brands. In October 2013, Choice Properties Real Estate Investment Trust acquired a portfolio of nine commercial properties from the Company. On October 22, 2013, the Company announced that it has completed the sale of a portfolio of nine commercial properties to Choice Properties Real Estate Investment Trust.