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Canadian Retail News From Around The Web For July 17th, 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 3 days.

The B.C. port strike is over, but economic impact could last weeks (CBC)

Empire realigns its executive team as it looks to become “best retailer in Canada” (Canadian Grocer)

8 Things To Avoid Buying At Canadian Tire, According To An Ex-Employee (Narcity)

CT REIT Declares Distribution for the Period of July 1, 2023 to July 31, 2023 (Newswire)

Tim Hortons selling new products at No Frills, FreshCo, Metro, Food Basics, Sobeys, Walmart and other grocery stores across Canada (York Region)

JD Sports Canada pursues digital transformation (Chain Store Age)

Steak is at stake: beef prices set to rise as cattle producers struggle (Global)

Some Toronto area stores are closing their beer and wine sections. Why? Because they’re not making money (Toronto Star)

QuadReal Aims to ‘Gently’ Urbanize Cloverdale Mall Site (Urban Toronto)

North Central Co-op opens up St. Albert location (Fort Sask Online)

Penticton’s Canadian Tire looks to double store size, expand parking lot (Summerland Review)

Pick N Chews Opens Sweet New Store on Montreal Road (Choose Cornwall)

Savvy shoppers can find savings at Metro Vancouver grocery stores (CityNews)

Curated Digest

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Fuel disruptions in Asia test supply chains, but Canada unlikely to see COVID-style shortages

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Fuel disruptions across Asia are straining global supply chains, but experts say Canadian retailers are better prepared than during COVID-19, with inventory buffers limiting shortages while price pressures rise.
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Aritzia’s Rise from Canadian Brand to North American Powerhouse

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Aritzia’s rapid U.S. expansion and strong financial performance position it as a leading North American retail powerhouse.
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“The quarter reflected strong leasing and operational execution across the portfolio.”
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Deals Signed for Major Hudson’s Bay Buildings Across Canada

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Deals signed for major Hudson’s Bay buildings across Canada signal a shift toward redevelopment in downtown Vancouver, Calgary, and Ottawa.
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La Maison Générale Marks Montreal Milestone

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La Maison Générale celebrates one year in Montreal as the French lifestyle brand marks its 80th anniversary.
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Grocery Fuel Surcharge Fight Reshapes Pricing in Canada

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Mandy’s opening latest location in Toronto’s The Distillery Historic District

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Canadian retail resets as 17 million square feet returns to market

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“Canada’s retail market is moving through a supply-led reset, but demand has not broken.”
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Calgary fashion-tech startup Prévoir expands AI-powered Shopify merchandising platform

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Cozey expands global footprint with Australia launch

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The Australia expansion comes just six years after Cozey first launched in Canada and follows closely on the heels of its successful U.S. e-commerce debut in 2023.
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Grocery Prices Stabilize, but Affordability Remains a Challenge in Canada

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Grocery prices are stabilizing in Canada, but affordability challenges persist as many households continue to struggle with rising food costs.
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Cadillac Fairview Dominates Canada’s Top-Performing Shopping Centres

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Cadillac Fairview leads Canada’s most productive shopping centres, with seven properties in the national top 10 by sales per square foot.
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