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Canadian Retail News From Around The Web For June 27th, 2023

OUR ARTICLES OF THE DAY

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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.

Some Petro-Canada locations are cash only amid ‘cybersecurity incident’ at parent company Suncor (CBC)

Better Buy: Couche-Tard Stock or Empire Company? (Motley Fool Investing)

Sobeys CEO: ‘Our turnaround is now complete’ (Winsight Grocery Business)

Lush celebrates cosmetics animal testing ban in Canada (The Retail Bulletin)

Canadian Tire taps Microsoft to upgrade retail operations (Petrol Plaza)

Regulator looking for feedback on rules barring cannabis window displays (CBC)

‘Hanging by a thread’: The push to save Vancouver’s heritage businesses (Vancouver Sun)

My City Life to open 5th location in less than 4 years (94.1)

Stone Road Mall’s Key Centre Engravables hands over the keys after 42 years (Guelph Today)

Young entrepreneurs launch grand opening of Shraim’s Sweets (CTV London)

Curated Digest

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Foodtastic expands Noodlebox brand across Canada with eyes on Montreal launch

Mario Toneguzzi -
The Asian fusion concept has grown to 71 locations across the country, with roughly 14 new restaurants opening in 2025 and another 25 currently in development.
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Oil Prices Could Push Canadian Grocery Inflation Higher

Sylvain Charlebois -
Rising oil prices could push Canadian grocery inflation toward 6–8% in 2026 as energy costs ripple through the food supply chain.
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Wayfair Launches Loyalty Program in Canada

Craig Patterson -
Wayfair launches Wayfair Rewards in Canada as the home retailer deepens its loyalty strategy and expands its omnichannel presence.
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Moneris reporting 4% increase in reported fraud cases in 2025

Mario Toneguzzi -
Fraudulent activity has also become more sophisticated, particularly with the growth of AI and other tools that can make it difficult for businesses to identify and report suspect behaviour.
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Aegis Brands reports Q4 and year end results

Mario Toneguzzi -
During 2025, it opened three new locations and closed three underperforming restaurants, maintaining 81 franchised locations at year end.
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Curated Digest

Daily Synopsis: Mar 6, 2026

Retail Insider -
L’OCA Quality Market shutting, HBC retail spaces vacant a year later, Aburi Market opens 3rd Vancouver mini grocery store, undercover language inspectors deployed in Quebec, and other news.
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L’OCA Quality Market to Close Edmonton-Area Stores

Craig Patterson -
L’OCA Quality Market will close its Sherwood Park and Edmonton stores March 12 after less than two years of operation.
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Retailer News

Nearly 1 in 3 Canadians snack at night, far above global average: IKEA

Mario Toneguzzi -
In Canada, the main frustrations when it comes to cooking at home are lack of surface space (31%) and lack of storage (29%).
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News

From The Desk: Navigating Retail Evolution Through Expansion, Tech, and Consumer Shifts

Craig Patterson -
Sephora's Canadian expansion, AI reshaping shopping, and retail bifurcation highlight evolving strategies amid market pressure and consumer shifts in 2026.
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Hudson’s Bay Collapse: One Year After the CCAA Filing

Craig Patterson -
A year after Hudson’s Bay filed for CCAA protection, the retail industry reflects on the collapse of a 355-year-old institution.
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Enoteca Monza opens at CF Market Mall in Calgary (Video, Photos)

Mario Toneguzzi -
Founded in 2010, Enoteca Monza has grown to 10 locations across Canada and was acquired by Foodtastic in 2018.
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Casavogue Celebrates 54 Years with Anniversary Savings

Retail Insider -
Casavogue marks its 54th anniversary with $500 off every $3,000 spent on sofas, bedroom sets, and dining sets.
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People

VIDEO: Iran conflict’s impact on retailers and consumers

Mario Toneguzzi -
Retailers are focusing on controlling costs and expanding private-label offerings while increasing promotions to help shoppers manage tighter budgets.
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MR MIKES SteakhouseCasual Surpasses 50 Locations in Canada

Lee Rivett -
MR MIKES SteakhouseCasual expands to more than 50 restaurants across Canada after opening seven new locations in 2025.
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Tim Hortons partners with Canadian Paralympic Team

Mario Toneguzzi -
The partnership furthers Tim Hortons long-standing commitment to supporting sport and Canadian athletes, including investments in getting kids active like the Timbits Hockey and Soccer programs.
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Sundays Opens Terminal HQ Showroom in Vancouver

Craig Patterson -
Canadian furniture brand Sundays opens a 15,000-square-foot Terminal HQ showroom in Vancouver, expanding its retail footprint and introducing sister brand Hetta.
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