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Canadian Retail News From Around The Web For November 29th, 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 24 hours.

Canadian contemporary brand Smythe sees demand rise as high-end consumers cut costs (BNN)

Alimentation Couche-Tard reports net earnings of US$819.2 million in second quarter (BNN)

Independent grocers fear they’ll be stuck with the bill for push to rein in big chains’ prices (Toronto Star)

Retail spending expected to rise ‘significantly’ in 2024 as inflation eases, Morguard says (Ottawa Business Journal)

Canada Goose buys European knitwear supplier Paola Confectii (CTV)

Sugar shortage: How Western Canadian bakeries are managing (CTV)

B.C.’s densification push threatens to squeeze out small businesses (BIV)

Malls are buzzing this holiday season, and Rideau Centre and St. Laurent are seeing the difference (Ottawa Business Journal)

Indigenous department store opens pop-up location in Square One in Mississauga (inSauga)

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Canadians Turn Stores Into ‘Third Spaces’: Adyen

Mario Toneguzzi -
Gen Z’s lead the adoption of stores as third spaces (69%), followed by Millennials (61%), Gen X (57%), and Boomers (51%).
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OAKBERRY Açaí Launches 2026 Canada Expansion

Mario Toneguzzi -
Additional locations are currently in development, with more to be announced soon, bringing the Canadian total to over 40 stores by the end of 2026.
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Jobs in retail and hospitality sectors continue to decline: Statistics Canada

Mario Toneguzzi -
On a year-over-year basis, payroll employment in retail trade was down by 20,300 (-1.0%).
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Canada’s Counter-Tariffs Result in Temporary Price Increases

Craig Patterson -
In 2025, Canada imposed counter-tariffs on US imports, causing a notable increase in retail prices. The analysis reveals that these price hikes were short-lived, largely dependent on retailers' expectations and transparency with consumers.
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Oakridge Park Opens to Crowds in Vancouver

Craig Patterson -
Oakridge Park opened to large crowds in Vancouver, unveiling 500,000 square feet of retail with luxury brands, dining and more to come.
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L’Oréal Canada announces appointment of Stéphane Bérubé as President and CEO

Mario Toneguzzi -
L'Oréal Canada Canada is a subsidiary of the L'Oréal Group, the world's leading beauty company.
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Toronto’s Retail Corridors Are Evolving, Says Arlin Markowitz

Craig Patterson -
Toronto retail corridors are evolving as wellness, dining, fashion, and lifestyle brands reshape the city’s urban shopping streets.
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KOMBI Expands Beyond Winter With New Rainwear Collection

Craig Patterson -
Canadian brand KOMBI is expanding beyond winter accessories with a new rainwear collection focused on urban commuting and year-round growth.
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Brands Retreat From Pride Sponsorships in Canada as Consumers Scrutinize Support

Craig Patterson -
Major brands are scaling back Pride sponsorships in Canada as consumers increasingly demand authentic, year-round LGBTQ+ support, according to a new study.
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EMERGE reports “strong” Q1 2026 results with increase in revenue and gross profit

Mario Toneguzzi -
Q1 revenue grew to $5.9M vs. $5.0M, an increase of 17.5% YoY, marking the 8th consecutive quarter of YoY revenue growth.
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Why Physical Grocery Retail Still Drives Product Discovery

Lee Rivett -
Canadian consumers still discover and try food products primarily in-store despite growing digital grocery engagement.
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The Scented Market founder Kristy Miller recognized for entrepreneurial growth and community impact: Video

Mario Toneguzzi -
The Scented Market is expanding retail partnerships across Canada and the United States while continuing community-focused initiatives.
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Happy Belly Food Group signs multi-year exclusive national partnership with Uber Eats Canada

Mario Toneguzzi -
The company's portfolio includes Heal Wellness, Rosie's Burgers, Yolks Breakfast, Via Cibo Italian Street Food, and others.
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 43% of consumers deterred by hidden costs when shopping internationally: Landmark Global

Mario Toneguzzi -
This concern is even more pronounced in Canada, where 59% of consumers cite hidden costs as a key barrier.
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Canadian beverage sector exceeds national calorie reduction target two years ahead of schedule

Mario Toneguzzi -
Canadians purchased 23 per cent fewer calories from nonalcoholic beverages in 2024 than in 2014.
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