NEWS BRIEFS

George Weston Secures $250M in Private Placement

News Briefs (Bulletin/Quick Reads) Retail Insider -
George Weston Limited raises $250 million through senior unsecured notes, strengthening its financial position in Canadian retail.

Canadian Tire Corporation ranked top retailer in Canada, top 10 globally: Newsweek 2024 list of the World’s Most Trustworthy Companies

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
The World's Most Trustworthy Companies 2024 were selected based on an independent survey of over 70,000 participants across 23 industries in 20 countries

Ontario Convenience Stores Now Selling Alcohol

News Briefs (Bulletin/Quick Reads) Retail Insider -
Ontario's convenience stores begin selling alcohol, marking a shift in the province's retail landscape.

Sunglass Hut unveils latest store design (Photos)

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Sunglass Hut opened a new concept store at Royalmount in Montreal on Thursday, showcasing the newest global retail design with interactive elements.

Baskin-Robbins kicks off month-long fundraiser in support of BGC Canada

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
For 125 years, BGC Canada (formerly Boys & Girls Clubs of Canada) has been creating opportunities for millions of Canadian kids and teens.

Le Fou Fou food hall opens at Royalmount

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Le Fou Fou, a new European-style food hall opening in Montreal's Royalmount development, features 12 diverse culinary concepts, three themed bars, and innovative technology.

Holt Renfrew Magazine launches Fall 2024 issue

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Holt Renfrew's Fall 2024 magazine issue, "Collective Currents," showcases the retailer's commitment to culture and creativity through diverse stories.

Lightspeed Powers New Le Fou Fou Food Hall  

News Briefs (Bulletin/Quick Reads) Retail Insider -
Lightspeed partners with Le Fou Fou food hall in Montreal, introducing innovative technology to enhance dining experiences.

Couche-Tard Q1 Earnings Slip as Consumer Spending Tightens

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Alimentation Couche-Tard reports lower Q1 earnings as consumers tighten spending, while pursuing expansion opportunities.

Ontario Convenience Stores Begin Alcohol Sales Thursday 

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Ontario convenience stores begin selling alcoholic drinks, raising concerns about proximity to schools and impact on youth.

Chick-fil-A Shared Table food donation program surpasses 30 million meals

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
106,000 pounds of food waste in Canada diverted from landfills by Chick-fil-A, Inc. and Chick-fil-A restaurants since 2020 

Walmart Canada Faces Union Push at Mississauga Warehouse

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Unifor files to unionize Walmart warehouse workers in Mississauga, reflecting growing labor movement in Canadian retail sector.

Nordstrom family aims to take retailer private following Canadian exit last year

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Nordstrom family, backed by Mexican retail group, offers $3.76 billion to privatize the century-old department store chain.

Parkland Corp. to sell Florida assets in divestiture plan

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Canadian fuel retailer Parkland Corp. announces plans to sell its Florida-based retail and commercial businesses as part of asset divestiture strategy.

Costco raises membership fees in Canada and US, implements stricter access controls

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Costco increases membership fees in Canada and U.S., implements stricter access controls to curb membership sharing.

KITS Eyecare Boosts Q3 Revenue Outlook

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KITS Eyecare raises Q3 2024 revenue guidance, expects over 32% year-over-year growth following record-breaking sales week.

Canada’s EV Tariffs Spark Chinese Retaliation, Threatening Canola Exports [Op-Ed]

News Briefs (Bulletin/Quick Reads) Sylvain Charlebois -
Canada's decision to impose tariffs on Chinese electric vehicles has prompted swift retaliation from China in the form of an anti-dumping investigation into Canadian canola exports.

Michael Hill Jewellers Sees Revenue Growth in Canada, Australia

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Michael Hill International reports 4.2% revenue increase to A$644.9 million, with strong performance in Canadian and Australian markets.

Banff-Based Ramen Arashi Opening in Kensington Area of Calgary

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Ramen Arashi, known for authentic Japanese cuisine, to open fifth location in Calgary's Kensington area on September 24, 2024.

JYSK set to open renovated store in Coquitlam, B.C. (Photos)

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
JYSK has renovated its Coquitlam, B.C. store to offer a new JYSK 3.0 shopping experience, celebrating 28 years in Canada with a grand re-opening on September 7.

Fenty Hair Debuts at Sephora Canada

News Briefs (Bulletin/Quick Reads) Craig Patterson -
Rihanna's Fenty Hair launches at Sephora Canada, offering nine hair care products designed for all hair types and textures.

University of Waterloo Unveils New Indigenous Art Collection

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University of Waterloo partners with Anishinaabe Onyota'a:ka artist for a new Indigenous collection featuring Canada geese-inspired designs.

How the Bank of Canada Could Ease Back-to-School Lunch Costs [Op-Ed]

News Briefs (Bulletin/Quick Reads) Sylvain Charlebois -
Sylvain Charlebois discusses how expected Bank of Canada interest rate cuts could potentially save families money on mortgages, while also examining the varied landscape of grocery prices for back-to-school lunches.

Kulfi Beauty expands to all Sephora stores in Canada

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South Asian-inspired makeup brand Kulfi Beauty achieves full distribution in Sephora stores across North America, marking significant growth.

Over 4,000 Ontario convenience stores approved for alcohol sales on September 5th

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The province approved expanding alcohol sales in thousands of convenience stores starting September 5th, fulfilling a government promise and significantly broadening liquor availability beyond traditional outlets.

Pumpkin spice’s future uncertain as consumer habits shift and coffee industry lacks innovation [Op-Ed]

News Briefs (Bulletin/Quick Reads) Sylvain Charlebois -
Sylvain Charlebois says pumpkin spice, a hugely successful seasonal flavour pioneered by Starbucks, faces potential challenges as consumer habits shift and the coffee industry grapples with the need for innovation to maintain growth and appeal to changing tastes.

T&T Supermarkets opening new store in London, Ontario, September 27

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Canada's largest Asian grocery chain is entering a new market in Ontario with a 39,000 square foot store. 

Drake’s OVO Brand Expands with Seasonal Pop-up at Scarborough Town Centre

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OVO is launching a seasonal pop-up at Scarborough Town Centre with exclusive local collections.

Couche-Tard Seeks Pension Fund Backing for 7-Eleven Acquisition

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Canadian convenience store giant Couche-Tard explores pension fund backing for potential acquisition of 7-Eleven's parent company.

Employment in retail sector on the decline: Statistics Canada

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
The declines were led by sporting goods, hobby, musical instruments, book, and miscellaneous retailers.

The RONA Foundation launches its second Home Sweet Home campaign

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
RONA Foundation's 2024 "Home Sweet Home" campaign aims to raise funds across Canadian stores to support local charities improving housing for those in need.

Discussing the upcoming eTail Toronto: Key Themes, Speakers, and Networking Opportunities [Video Interview]

News Retail Insider -
The upcoming eTail Toronto conference highlights key themes like AI, digital transformation, and customer personalization, and takes place September 25-26.

Leger Unveils 2024 Brand Momentum Study, Revealing Top Skincare Brands in Canada

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The study finds that The Ordinary leads Canadian skincare market, with insights on consumer preferences and brand performance.

Google Unveils New Features for Retailers

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Google introduces AI-powered insights and improved ad management tools for retailers in preparation for the holiday shopping season.

Canadian Arts & Fashion Awards Unveils 2024 Nominees

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The CAFA Awards on October 19 celebrate top talent in the nation's fashion industry.

Tokyo Smoke Closing 29 Stores Amid Creditor Protection Restructuring

News Retail Insider -
The Canadian cannabis retailer is restructuring operations to adapt to changing Canadian market conditions and regulations.

Giant Tiger and Indspire launch third-year collaboration with new shirt design to support Indigenous post-secondary students

News Mario Toneguzzi -
The retailer is selling an exclusive orange shirt designed by Indigenous artist Patrick Hunter, with all proceeds supporting Indigenous post-secondary students through the Learning from the Past Fund.

Marble Slab Canada Scoops Up Digital Upgrade

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Marble Slab Creamery Canada partners with Paytronix to enhance customer engagement through new app and loyalty program.

The Grocery Foundation Expands Nationwide with New Brand and Partnerships

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The Grocery Foundation launches "Make Happy Tummies" brand, partnering with Metro and Super C to expand nationwide.

Canadian Consumer Debt Hits $2.5 Trillion as Credit Card Balances Soar

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Consumer debt in Canada reaches a signifiant number with credit card balances hitting a 17-year high amid economic pressures.

Petro-Canada Launches Innovative Snack Campaign with Chef Laurent Dagenais

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The partnership will see Dagenais create snack recipes as part of an initiative to boost Petro-Points rewards for members.

London Drugs Employee Sentenced for $2 Million Theft

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Former employee of BC-based retail chain London Drugs sentenced to two years for stealing $2M in merchandise over five years.

Traction Expands Footprint with New Mississauga Location

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Traction, Canada's leading truck parts retailer, opens second Mississauga location, enhancing service in the Greater Toronto Area.

Costco sets sights on 2nd Regina location, clearing major hurdle

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Costco's plan for a second Regina location gains approval from city planners, with overwhelming public support.

Porsche Opens 5 Pop-Up Locations in Canada, Showcasing Electric Vehicles

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Porsche has unveiled five Porsche NOW locations across metropolitan areas in Montreal, Ottawa, and Vancouver, in a first-of-a-kind initiative in Canada with a distinct focus on electric mobility.

Holt Renfrew Unveils Exclusive HOMME PLISSÉ ISSEY MIYAKE Installation in Vancouver

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The luxury retailer is hosting a North American exclusive HOMME PLISSÉ ISSEY MIYAKE installation and collection in Vancouver.

McDonald’s Canada Debuts Big Arch Burger

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McDonald's Canada introduces the Big Arch burger, featuring two quarter-pound beef patties and new signature sauce, available August 27th.

DoorDash Expands Partnerships with Canadian Grocers for Delivery Across Canada

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DoorDash partners with regional grocers to offer delivery from 60 new locations across four Canadian provinces.

Tesla Opens Amazon Storefront for Canadian EV Owners

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Tesla launches Amazon storefront in Canada, offering Wall Connectors for electric vehicles with Prime shipping benefits.

Canadian Study Highlights Critical Role of Packaging in Fresh Produce Supply Chains

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New government study underscores the importance of plastic packaging in Canada's fresh produce supply chains
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