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Canadian Retail News From Around The Web For December 1st, 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 48 hours.

Mastermind Toys blames Competition Bureau for impeding sale and forcing bankruptcy proceedings (Canadian Lawyer)

Costco November sales: Canada up 7.9% (Grocery Business)

The ‘lipstick index’ and the strength of beauty retail amid inflation (CBC)

Small business confidence continues downward slide in November: Nearly half of all businesses are now struggling with low sales (CFIB)

Canadian economy shrank in Q3 but manages to ‘keep its head above recession waters’ (CTV)

Hudson’s Bay Company History Foundation debuts Heritage Tote Collection (Newswire)

Birks Group reports mid-year fiscal 2024 results (Newswire)

Canadian Jewellers Association Rocked Vancouver at First Industry Summit (JCK)

Primaris REIT Closes the Acquisition of Atlantic Canada’s Premiere Shopping Centre Complex, Halifax Shopping Centre (Financial Post)

Edmonton’s Majesty and Friends closes due to economy (CTV)

Arc’teryx setting up shop in downtown Kelowna (Castanet)

KITS Eyecare reports banner Cyber Monday sales (BIV)

Fire closes Anthropologie store in downtown Oakville (inHalton)

True North asks for 6 more months to decide whether to buy Portage Place (CBC)

Giant Tiger opens Toronto-area location in Vaughan (Hardlines)

Randall Denley: Demolishing the irrelevant LCBO could be Doug Ford’s legacy (National Post)

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Changes to Temporary Foreign Worker Program applauded by business groups

Helping employers who are facing severe labour shortages.

Canada loses 84,000 jobs in February, unemployment rate increases: Statistics Canada

The largest declines were in wholesale and retail trade (-18,000; -0.6%).

Happy Belly Food Group targets up to 50 new restaurant openings as same-store sales remain strong: Sean Black interview

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.

Small businesses call for stronger domestic energy supply amid global uncertainty: CFIB

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.

The New Luxury Client in a Relationship Era

How The New Luxury Client is reshaping Canadian luxury retail through ritual, clienteling and emotional connection.

Bespoke Made Suits Opens Downtown Vancouver Showroom

Vancouver-based Bespoke Made Suits expands with an appointment-based tailoring showroom near the city’s Financial District.

Daily Synopsis: Mar 12, 2026

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.

73% of Canadians Now Shop Chinese Marketplaces

Survey finds 73% of Canadians shop Chinese marketplaces like Temu and Shein as monthly and weekly usage continues to grow.

Canadian hotel industry sees steady growth as leisure travel drives performance: Cushman & Wakefield

2025 ranked among the stronger years for hotel transactions over the past two decades, highlighted by several notable full-service and luxury hotel trades.

Article Expands Brick-and-Mortar Retail with Toronto Showroom

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.

Empire Company Limited reports Q3 financial results

Sales of $7,890 million, an increase of 2.1%.

Chatime focuses on strengthening brand leadership in Canada as expansion continues cautiously: Trinh Tham interview

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.

VIDEO: 87% of Canadians feel financially trapped by rising living costs: Harris & Partners

85% report their overall monthly expenses have increased in the past 12 months

Butterly Trust Index Maps AI-Era Product Reviews

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

Abercrombie & Fitch Expands Canadian Store Network

Abercrombie & Fitch expands in Canada with new stores planned in Winnipeg, Ottawa, Calgary and London ON, and a reopened location at West Edmonton Mall.

Daily Synopsis: Mar 11, 2026

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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