Canadian Retail News From Around The Web For September 28th, 2023

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63% of Canadians have bought refurbished, open box or traded in technology in the past year: Best Buy report

Driven by cost, environmental impact, and product value/ Canadian Gen Z are outpacing every generation with 44% lsting environmental impact as a factor

Ford Canada Launches ‘There’s No Can’t in Canada’ Campaign, Highlights $5B Oakville Investment

Building on its nearly $5 billion investment in Oakville and continued investment in its Windsor Operations, Ford said its commitment spans its entire Canadian network – from manufacturing plants to its Connectivity and Innovation Centres, Parts Distribution Centres, and the more than 430 dealers and 6,500 employees across the country.

Inside Leon’s $1.17 Billion Canadian Real Estate Portfolio

Leon’s has valued its Canadian real estate portfolio at $1.17 billion as the retailer advances redevelopment projects and continues plans for a publicly traded REIT.

43% of Canadians Less Likely to Trust AI-Generated Ads, Vistar Media Finds

Consumers continue to value the qualities AI often struggles to replicate: 69% say humour, emotion and entertainment make ads memorable, and more than half say relevance is what captures their attention.

AI Isn’t Expected to Cut Canadian Retail Jobs by 2031, but the Skills Needed Are Changing: ServiceNow

The implication for retailers is clear: competitive advantage is likely to come less from expanding headcount and more from reskilling existing employees for an AI-enabled future.

CBRE seeks grocery store for Saskatoon’s downtown redevelopment

The downtown area has several convenience stores and small markets, but residents generally have to travel to suburban locations for larger grocery purchases.

Canada’s Supply Management System Must Evolve: 10 Myths That Need Rethinking

Sylvain Charlebois examines 10 common myths about Canada’s supply management system, from dairy prices and subsidies to milk dumping, trade and reform.

Canadian consumer insolvencies hit highest quarterly level since 2009: CAIRP

There were 37,523 consumer insolvencies filed during the quarter, up 6.9 per cent from the same period a year earlier and 1.1 per cent from the first quarter.

From The Desk: Strategic Expansions and Resilience Shape Canadian Retail Landscape

Canadian retail sees continued store expansion, shifting real estate strategies and changing consumer behaviour amid ongoing economic and labour market pressures.

Daily Synopsis: August 14, 2026

Rolex sues Montreal jewellery store over customized designs, BTS pop-up draws crowds on Bloor Street in iToronto, Le Creuset expands to West Vancouver, more Ontario grocery stores shift to discount, and other news.

Goodfood obtains Court Approval of Sale and Investment Solicitation Process

Customers can continue to place orders, and the company expects to continue fulfilling customer orders in the ordinary course throughout the restructuring process.

Fairstone Bank, Best Buy renew exclusive retail financing partnership

The renewed financing agreement continues a relationship between the two companies that has operated since 2020, with Fairstone Bank remaining the exclusive provider of point-of-sale financing for Best Buy Canada.

Absolutely Fabrics Expands in Toronto with Summerhill Flagship

Toronto fashion retailer Absolutely Fabrics is opening a 7,000-square-foot Summerhill flagship, adding menswear and expanding its curated multi-brand concept.

Plaza Retail REIT Draws Takeover Interest as Retail Space Tightens

Plaza Retail REIT draws takeover interest as tight retail supply, high occupancy and rising rents strengthen its Canadian property portfolio.

Luminaire Authentik Opens Toronto Flagship, Plans Canadian Expansion

Luminaire Authentik has opened a Toronto flagship in the King East Design District as the Quebec lighting manufacturer plans further Canadian expansion.

Montréal tourism season on track for record year as hotel demand, business travel rise

Hotel occupancy reached 82 per cent from May through July, seven percentage points higher than during the same period in 2025.

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