Canadian Retail News From Around The Web For December 11th, 2023

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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.

Leon’s Eyes Western Canada Expansion as The Brick Targets Atlantic Growth

Leon’s sees expansion opportunities in Western Canada while The Brick targets Atlantic growth as LFL Group adds stores and tests new retail formats.

Daily Synopsis: Aug 13, 2026

Pajar expands, Metro converting 10 stores to Food Basics, Canadian Tire reports results, Pet Valu aims for 1200 stores, Nespresso unveils new concept store, and other news.

INDOCHINO announces 10 new US showrooms coming in 2027, largest investment in standalone retail in years

Growth announcement follows six consecutive quarters of positive EBITDA, and a record quarterly EBITDA in Q2 2026

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