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.
- Inflation rate slows to 6.3% — but groceries are still going up at nearly twice that pace (CBC)
- Adidas and Indigo: Genius move or head scratcher? (Strategy Online)
- The Bay and ReturnBear Partner to Make Returns Easier (NewsWire)
- Recession will be ‘deeper’ than first thought, but job loss will be minimal: Deloitte (Global) ********
- Nordstrom enlists company stylists for new fashion ambassador program (Retail Dive)
- “Galen Weston needs to disappear”: Expert has thoughts on grocery industry in Canada (Daily Hive)
- Is Shoppers Drug Mart selling fake Apple AirPods? Here’s what we know (Daily Hive)
- E-commerce company Lightspeed cutting about 300 jobs (Global)
- Giving Back: Metro outlines 2022 initiatives to support food insecurity (Grocery Business)
- Former Canadian Tire building on McLeod Road will house other businesses, including second Stacked restaurant (St Catharines Standard)
- Lethbridge commercial real estate market bump expected in 2023: Report (Global)
- Frustrated Chinatown business owner considers leaving historic Vancouver neighbourhood (CityNews)
- Khaykery Bakery is latest victim in string of break-ins downtown Vancouver (Daily Hive)