Posted by & filed under Financial Accounting, Student life.

Description: If you are a dedicated points saver, you are probably carrying an array of plastic cards in your wallet or apps or your phone to ensure you don’t miss out on opportunities to earn free stuff from participating merchants. This week you may have welcomed the announcement that Loblaws and Shoppers Drug Mart are going to make your life a little easier by combining their PC Plus and Optimum programs in February 2018. Some observers had been expecting something like this ever since Loblaws acquired the pharmacy chain a couple of years ago.

Date: November 8, 2017

Source: thestar.com

Link: https://www.thestar.com/business/2017/11/08/loblaw-merging-shoppers-optimum-and-pc-plus-loyalty-programs-in-february.html

Discussion Points:

1) Are you a dedicated points saver for PCPlus, Optimum, or both? How does the programs help you with your living expenses as a student?

2)  How would a company like Loblaws account for unredeemed points on their financial statements?

3)  Where can you read about Loblaws and its acquisition of Shoppers Drug Mart in Wiley’s Financial Accounting: Tools for Business Decision Making?

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