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NEWS BRIEFS

Canadian annual inflation rate eases: Statistics Canada

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Deceleration in headline inflation was broad-based, stemming from lower prices for travel tours, passenger vehicles and electricity

Swifter spending growth expected by Canadian consumers: Conference Board

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Consumer price growth will continue to ease in 2024 and 2025

Canadian Railways Face Looming Labour Disruption as Strike Deadline Approaches

News Briefs (Bulletin/Quick Reads) Retail Insider -
Major Canadian railways brace for potential strikes and lockouts, threatening to disrupt national supply chains and impact retailers.

UFA expanding with opening of another Farm & Ranch Supply store and Cardlock

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Across Alberta, it has 34 Farm Stores and 115 cardlocks (AB and BC)

Jade Yorkville Brings French-Asian Fusion to Toronto

News Briefs (Bulletin/Quick Reads) Retail Insider -
New restaurant Jade Yorkville blends French and Asian cuisines in an elegant setting, redefining Toronto's upscale dining scene.

How Couche-Tard Got Big Enough to Target 7-Eleven in Massive Takeover Bid

News Briefs (Bulletin/Quick Reads) Retail Insider -
Canadian retail giant Couche-Tard is aiming to create a global convenience store powerhouse by making acquisitions over the years.

How one retailer found a way to shave hours off the ordering process

News Mario Toneguzzi -
CBS Sports implemented Lightspeed Commerce's solutions, including NuORDER integration, to streamline its inventory management and ordering processes, significantly reducing time spent on administrative tasks and allowing staff to focus more on customer interaction and sales.

Gen Z Leads Digital Wallet Adoption in Canada: Interac Study

News Briefs (Bulletin/Quick Reads) Retail Insider -
Interac survey reveals 69% of Gen Z Canadians use mobile wallets, outpacing other generations and reshaping payment habits.

Traditional English Pub Elephant & Castle Opens in historic Calgary location

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
The aim is to become the home for soccer in Calgary

Shutdowns at CN and CPKC will paralyze the economy: CFIB

News Briefs (Bulletin/Quick Reads) Mario Toneguzzi -
Any disruptions to railway operations could be devastating for small businesses

Listeria Outbreak Exposes Gaps in Canada’s Food Safety System [Op-Ed]

News Briefs (Bulletin/Quick Reads) Sylvain Charlebois -
Sylvain Charlebois says recent multiple illnesses across Canada raises questions about the delayed recall and lack of transparency compared to similar past incidents.

Nova Scotia Leads Canada in Shoplifting Rates, StatCan Data Reveals

News Briefs (Bulletin/Quick Reads) Retail Insider -
Nova Scotia reports highest shoplifting rate in Canada, with British Columbia following closely behind, according to recent StatCan data.

Spanish Jeweler PdPaola Looks to Open Stores in Canada

News Briefs (Bulletin/Quick Reads) Retail Insider -
The Spanish jewelry brand is planning an ambitious expansion in North America with 100 stores and strategic partnerships over three years.

New Brunswick’s Last Holdout, Miramichi, Lifts Sunday Shopping Restrictions

News Briefs (Bulletin/Quick Reads) Retail Insider -
The city has lifted Sunday shopping restrictions, allowing stores to set their own hours.

Pusateri’s Fine Foods Initiates Bankruptcy, Closes Multiple Locations

News Retail Insider -
The upscale Toronto grocer retailer is consolidating operations to one location, closing several stores amid financial pressures and restructuring.

London Drugs to open 1st new store in Winnipeg in 20 years

News Briefs (Bulletin/Quick Reads) Retail Insider -
The retailer will open at CF Polo Park, becoming the second large drug store retailer to operate in the mall.

Home Depot Hit by $100K Fraud Scheme in Ontario

News Briefs (Bulletin/Quick Reads) Retail Insider -
Home Depot stores across southern Ontario and the GTA targeted in a $100,000 fraud scheme; two suspects arrested.

Canadian Tire Gas+ Stations Begin Petro-Canada Rebrand

News Briefs (Bulletin/Quick Reads) Retail Insider -
Canadian Tire and Petro-Canada unveil first rebranded fuel station, enhancing customer experience and loyalty program reach.

Pusateri’s Fine Foods Unexpectedly Closes at Bayview Village in Toronto, Little Italy Store Opening Shelved

News Briefs (Bulletin/Quick Reads) Retail Insider -
The store has closed permanently, while plans for a Little Italy location under construction have been cancelled.

Costco Canada Tightens Membership Controls, Pilots New Entry Scanners Amid Strong Growth [Op-Ed]

News Briefs (Bulletin/Quick Reads) Sylvain Charlebois -
Sylvain Charlebois says Costco is reinforcing its profitable membership-based business model while continuing to expand its operations as a significant food competitor in Canada.

Farm Boy Supports Sustainable Dining with Reusable Containers

News Briefs (Bulletin/Quick Reads) Retail Insider -
Farm Boy partners with Guelph-based Friendlier to offer reusable containers for prepared meals, promoting sustainability in Canadian retail.

Lightspeed Launches Retail Insights To Help Retailers Drive Increased Sales and Lower Inventory Risks

News Briefs (Bulletin/Quick Reads) Retail Insider -
Retail Insights offers data-driven tools to help retailers boost sales and manage inventory more effectively, according to the company. 

7-Eleven looking to close 10 stores in Winnipeg due to crime

News Briefs (Bulletin/Quick Reads) Retail Insider -
Convenience store retailer considers closing 10 stores in Winnipeg due to crime and shoplifting, impacting local communities and raising concerns.

Cactus Club Cafe Expands with 3rd Toronto Location [Photos]

News Briefs (Bulletin/Quick Reads) Retail Insider -
The restaurant opens next week at Yonge Sheppard Centre, bringing its signature menu and ambiance to North York.

Metro CEO: Discount Grocers Outpace Conventional Stores

News Briefs (Bulletin/Quick Reads) Retail Insider -
Eric La Flèche discusses the growing gap between discount and conventional grocery stores in Canada, highlighting adaptation strategies.

Banff Residents Vote Against Summer Pedestrian Zone

News Briefs (Bulletin/Quick Reads) Retail Insider -
Residents rejected a proposal to maintain summer pedestrian zone on Banff Avenue, impacting local businesses at a time when other places are removing cars from commercial streets.

More than 50% of Ontario convenience stores licensed to sell beer and wine

News Briefs (Bulletin/Quick Reads) Retail Insider -
Ontario approved over 3,850 convenience store liquor licenses, with sales to begin September 5th, marking a major shift in alcohol retail in the province.

KORT Payments Rebrands from Merrco: Insights on Payment Processing and Future Trends

News Briefs (Bulletin/Quick Reads) Retail Insider -
The Canadian company’s founder discusses shifts in payment processing, digital wallets, and loyalty programs in a rapidly evolving industry.

Canadian Retailers Face Potential Supply Chain Disruption as Rail Strike Looms

News Briefs (Bulletin/Quick Reads) Retail Insider -
Canadian retailers brace for potential rail strike as negotiations continue, with August 22 set as the earliest possible strike date.

Costco Canada Tests New Membership Verification System in Selected Locations

News Retail Insider -
Costco implements membership scanners at select Canadian locations to curb unauthorized access and enhance member experience.

Stardust Roller Rink Revived at Guildford Town Centre for Fall 2024 

News Briefs (Bulletin/Quick Reads) Retail Insider -
The Surrey, BC mall is resurrecting the beloved Stardust Roller Rink as Skate Stardust, offering nostalgic fun from Sept to Oct 2024.

Starbucks Shakes Up Leadership with Chipotle CEO Hire

News Briefs (Bulletin/Quick Reads) Retail Insider -
Starbucks appoints Chipotle's Brian Niccol as new CEO, signaling a strategic shift amid sales challenges and investor pressure.

SAIL Outdoors Inc. Appoints New CEO Isabelle Lemay

News Briefs (Bulletin/Quick Reads) Retail Insider -
She begins her new role at the sporting goods retailer effective September 9th, 2024.

Pet Valu Announces New President & COO, Executive Changes

News Briefs (Bulletin/Quick Reads) Retail Insider -
The retailer appointed Greg Ramier as President & COO and announces retirement of long-time executive.

Supercharge Your Retail Marketing Thinking at RCC’s Retail Marketing Conference 2024

News Briefs (Bulletin/Quick Reads) Retail Insider -
Explore cutting-edge trends in AI, digital marketing, Gen Z influence, and brand identity at RCC's Retail Marketing Conference 2024 in Toronto on September 12. Speakers include Neil Patel, Nikolas Lopez, and Doug Stephens. Early Bird rates available until August 15.

Canadian Restaurants Poised to Capitalize on Rising Solo Dining Trend

News Retail Insider -
Lightspeed data reveals 43% of Canadians dine alone, presenting a lucrative opportunity for restaurants to cater to this growing market.

‘Stretchflation’: The New Grocery Store Tactic Raising Prices Under the Radar in Canada [Op-Ed]

News Sylvain Charlebois -
A new pricing strategy where product quantities increase but prices rise disproportionately higher, is emerging in grocery stores as manufacturers respond to economic pressures and consumer backlash against shrinkflation says Sylvain Charlebois.

7-Eleven Expands Alcohol Offerings Across Ontario, Introducing In-Store Dining

News Briefs (Bulletin/Quick Reads) Retail Insider -
The convenience store retailer plans to offer beer, wine, and cocktails for in-store consumption and takeaway across Ontario, marking a shift in the convenience store industry.

Canadian Retail Sector Sees Mixed Performance Amid Shifting Consumer Preferences

News Briefs (Bulletin/Quick Reads) Retail Insider -
Examining the evolving trends in the Canadian retail landscape, from the bifurcation of luxury and discount segments to the rise of boutique food halls. 

Canadian Tire Weathers Consumer Spending Challenges with Loyalty Program and Focus on Essentials

News Briefs (Bulletin/Quick Reads) Retail Insider -
The retailer navigated a consumer spending slowdown by leveraging its loyalty program and shifting focus to essential product categories, according to an earnings call this week.

Shopify Beats Q2 Estimates, Defies Market Slowdown

News Briefs (Bulletin/Quick Reads) Retail Insider -
Shopify reports strong Q2 results with 21% revenue growth, outperforming analyst expectations amid cautious consumer spending.

Amazon Canada Accelerates Same-Day Delivery for Prime Members in Ontario and BC

News Briefs (Bulletin/Quick Reads) Retail Insider -
Amazon Canada enhances Prime with faster same-day and new overnight delivery options in select Canadian metropolitan areas.

Canadian Retail Supply Chains Face Multiple Threats

News Retail Insider -
Wildfires and labor disputes threaten Canadian retail supply chains, with potential rail and port disruptions looming.

Big Mac, Bigger Problems: McDonald’s Struggles to Keep Customers as Prices Soar

News Sylvain Charlebois -
Sylvain Charlebois says McDonald’s has raised prices almost double compared to its rivals Burger King, Wendy’s, and Harvey’s.

Fraud Fears Reshape Canadian Payment Habits

News Briefs (Bulletin/Quick Reads) Retail Insider -
New study reveals 13% of Canadians affected by payment fraud in past six months, altering financial behaviors nationwide.

Kyochon Chicken Debuts in Vancouver as it Expands into Canada

News Briefs (Bulletin/Quick Reads) Retail Insider -
South Korean fried chicken chain Kyochon F&B opens its first Canadian store on Vancouver's Robson Street, eyeing North American expansion.

George Weston’s Q2 Hit by Bread Price-Fixing Settlement

News Briefs (Bulletin/Quick Reads) Retail Insider -
George Weston reports $253 million impact on Q2 earnings due to bread price-fixing settlement, affecting overall financial performance.

Loblaw’s NoFrills Ad Sparks Controversy with Farmers

News Briefs (Bulletin/Quick Reads) Retail Insider -
Loblaw's NoFrills faces backlash from farmers' markets and small business groups over a controversial text ad campaign promoting its produce.

Loblaw Reports Minimal Boycott Impact, Cites Lawsuit Settlement for Profit Decline

News Briefs (Bulletin/Quick Reads) Retail Insider -
The retail behemoth saw minimal impacts from boycotts while a settled lawsuit dented profits.

Loblaw and George Weston Agree to Historic $500M Settlement Over Bread Price-Fixing Scandal

News Briefs (Bulletin/Quick Reads) Retail Insider -
A class-action lawsuit accused them of participating in a 14-year bread price-fixing scheme.
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