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Canadian Retail News From Around The Web For July 10th, 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 several days.

Two thirds of retailers believe Gen Z customers are crucial to business success, according to new American Express Canada study (American Express)

Developers are turning 14 GTA malls into tiny cities, with Cloverdale leading the way – is this the solution to Toronto’s housing crisis? (Toronto Star)

One Canadian grocer is already putting metal security tags on steaks to prevent theft — will others follow? (Toronto Star)

Suncor cyberattackers obtained Petro-Points members’ contact information (Canadian Press)

If You’d Invested $10,000 in Loblaw Stock in 2012, Here’s How Much You’d Have Today (Motley Fool investing)

COBS Bread celebrates 20 years of baking and community action in Canada (Newswire)

5 Yonge Street properties should be designated as heritage buildings, council committee says (CBC Toronto)

Nature’s Fare Markets opens new Kamloops, B.C. store (Grocery Business)

Salvation Army thrift store in London, Ont. officially closes its doors (CTV)

Massive indoor bike park opens in former Sears store in North Vancouver mall (CBC)

B.C. civil forfeiture claim reveals elaborate scheme of shoplifting, returns for cash and fake credit cards (Vancouver Sun)

Phase 2 of Sainte-Catherine Street revamp begins in August (Global Montreal)

‘I’m kind of numb right now’: Toronto florist repeatedly targeted by vandals (Global)

Owner of Main Street furniture store says he’s ‘going in circles’ with province over cleanup after fire (CBC Manitoba)

Curated Digest

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Changes to Temporary Foreign Worker Program applauded by business groups

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Helping employers who are facing severe labour shortages.
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Canada loses 84,000 jobs in February, unemployment rate increases: Statistics Canada

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The largest declines were in wholesale and retail trade (-18,000; -0.6%).
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Happy Belly Food Group targets up to 50 new restaurant openings as same-store sales remain strong: Sean Black interview

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The company’s “core four” growth brands are Yolks, Rosie’s, Heal and iQ Food. New restaurant openings planned for this year will largely come from those concepts.
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Small businesses call for stronger domestic energy supply amid global uncertainty: CFIB

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An overwhelming majority (90%) of small businesses say governments should prioritize increasing Canada's energy production and capacity to better support the economy and ensure businesses have reliable access to the energy they need to operate.
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The New Luxury Client in a Relationship Era

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Bespoke Made Suits Opens Downtown Vancouver Showroom

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Vancouver-based Bespoke Made Suits expands with an appointment-based tailoring showroom near the city’s Financial District.
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Cuba's fuel shortage impacts Canadian cigar stores, Manitoba asks Sobeys to scrap property restrictions, Ontario to allow shopping on 2 public holidays, alcohol in corner stores impact worker safety, redevelopment of former Sherwood Park Safeway, and other news.
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73% of Canadians Now Shop Chinese Marketplaces

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Survey finds 73% of Canadians shop Chinese marketplaces like Temu and Shein as monthly and weekly usage continues to grow.
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Canadian hotel industry sees steady growth as leisure travel drives performance: Cushman & Wakefield

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2025 ranked among the stronger years for hotel transactions over the past two decades, highlighted by several notable full-service and luxury hotel trades.
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Article Expands Brick-and-Mortar Retail with Toronto Showroom

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Vancouver-based furniture brand Article expands brick-and-mortar retail with a 9,600-square-foot Toronto showroom in King West, marking its second physical store.
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Empire Company Limited reports Q3 financial results

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Sales of $7,890 million, an increase of 2.1%.
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Chatime focuses on strengthening brand leadership in Canada as expansion continues cautiously: Trinh Tham interview

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Chatime currently operates about 100 locations across Canada, primarily in Ontario and British Columbia, and opened six new stores last year while preparing additional locations that are expected to come online this year.
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VIDEO: 87% of Canadians feel financially trapped by rising living costs: Harris & Partners

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85% report their overall monthly expenses have increased in the past 12 months
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Butterly Trust Index Maps AI-Era Product Reviews

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Butterly’s 2026 Trust Index shows how honest, balanced reviews influence AI-led discovery, and what Canadian brands and retailers can do next.
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Abercrombie & Fitch Expands Canadian Store Network

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Abercrombie & Fitch expands in Canada with new stores planned in Winnipeg, Ottawa, Calgary and London ON, and a reopened location at West Edmonton Mall.
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What might be next for Roots, Pokemon cards hot for theft, downtown Sudbury mall wins legal battle over 2004 Zellers exit, and other news.
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