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.
- Fairfax offering to buy chain that owns Swiss Chalet, Harvey’s and The Keg for $1.2B (CBC)
- RioCan working with tenants to retool as consumers ‘take back control of how they get their goods’ (Financial Post)
- RioCan confident in ability to navigate inflation as it posts $78.5M net income in Q2 (BNN)
- Polestar expanding base of stores in Canada after electric car brand sees strong sales (EV.com)
- Most Canadians cutting back on groceries, entertainment as inflation soars: Yahoo/Maru poll (Yahoo Finance)
- Pet Valu posts second-quarter net income of $25.3 million, boosts full-year outlook (Canadian Press)
- Lululemon Stock: A Wonderful Business At A Fair Price (Seeking Alpha/investing)
- NDG shop owners sign petition against city’s plans for new bus, taxi lanes on Queen Mary Rd. (CTV Montreal)
- Alberta cannabis regulator allows pot shops to take down window coverings (CBC)
- Ontario Cannabis Store unable to process deliveries after partner faces cyberattack (Financial Post)
