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)

Curated Digest

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The Clayfield hotel project positions Niagara-on-the-Lake for next phase of tourism growth

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Canada’s only commercial olive farm on Salt Spring Island to be sold through online auction (Video)

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Mary Brown’s Chicken opens Toronto flagship with José Bautista at Sankofa Square

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‘Buy Canadian’ movement gains momentum as shoppers prioritize local brands: Healthy Planet

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“Canadians are becoming more intentional about the brands they support.”
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Secondhand shopping growth outpacing retail overall: Mastercard

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