News at a Glance
Retail Insider is streamlining its Canadian retail news from around the web to include a handful of top news stories that can be viewed quickly during the day. Here are the top stories from the past 24 hours.
- Aritzia gets new CEO: Jennifer Wong as Brian Hill steps down (BIV)
- Critics accuse Loblaws of profiting from inflation as profits surge by 40% (Toronto Star)
- Why isn’t it fixed? Costco Mastercard customers continue to complain of ‘frustrating’ CIBC takeover from Capital One (Toronto Star)
- Store merchandise sales are bouncing back in a big way (Strategy)
- Shopify shares plunge as Canada’s tech champion reports big quarterly loss (Financial Post) ********
- Recipe Unlimited Q1 profits up 62% despite forced closures, fewer locations (BNN)
- Sephora Canada hires Allison Litzinger to lead marketing (Strategy)
- Walmart Canada begins sale of local beef in Quebec stores (Grocery Business)
- Edmonton strip mall tenants disappointed with ‘super bad’ timing of redevelopment (Global)
- Lightspeed CEO sees ease of COVID measures as ‘time to shine’ (BNN)
- Pandemic pushed bike shop’s sales into higher gear (Business in Vancouver)
- Traditional store finds young market online (Business in Vancouver)
- Curbside headache for Broadway’s Odin Books (Business in Vancouver)
- Then & Now: How a business boy wonder from Sudbury became Canadian Tire CEO at age 33 (Sudbury.com)
- Ontario cannabis store count approaches 1,900 amid retail glut worries (mjbizdaily.com)
