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Canadian Retail News From Around The Web For December 12th, 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.

Grocer profits set to exceed record in 2023, expert says, ahead of committee meeting (CTV)

Trouble in toyland as shoppers seek low prices, retailers say (Global)

All grocers need to sign code of conduct if it is to succeed, Metro CEO tells MPs (Financial Post)

Business owners face ‘tipping point’ for federal pandemic loan repayment cut-off (CBC)

Mastermind deal would keep at least 43 stores open, preserve hundreds of jobs if approved, court filing states (Globe & Mail / subscribers)

Canadians say rising cost of living will impact holiday plans: surveys (CHEK News)

Food Basics union workers reach deal with Metro (Grocery Business)

Longtime Gildan CEO Glenn Chamandy pushed out in boardroom shakeup (Montreal Gazette)

Canada’s Shopify discloses increased stake in automation firm Klaviyo (Reuters)

True North Real Estate, Southern Chiefs’ Organization to work together to redevelop Portage Place, the Bay (CBC Winnipeg)

Calgary Police say requests from retail sector for security assistance are increasing (CBC)

Beauty giant Sephora may be coming to Chilliwack’s Cottonwood Centre (Chilliwack Progress)

The SAQ announces net income of $336.3 million for the second quarter of fiscal 2023-2024 (Newswire)

Ontario wants to change how booze is sold. So let’s talk about restaurants (TVO Today)

New West thrift store pushes sustainability (CityNews)

MOST RECENT PREVIOUS ARTICLES

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Canada moves into a technical recession, but retail sector sees quarterly growth

Retail trade rose 1.0% in the first quarter, with health and personal care retailers (+3.5%) and general merchandise stores (+3.2%) contributing the most to the sector's quarterly growth.

Tilley Expands Retail Footprint With Three New Stores

Tilley is expanding its Canadian store network with new locations at The Well, Victoria and Bayview Village as the brand evolves beyond hats.

Canadians Turn Stores Into ‘Third Spaces’: Adyen

Gen Z’s lead the adoption of stores as third spaces (69%), followed by Millennials (61%), Gen X (57%), and Boomers (51%).

OAKBERRY Açaí Launches 2026 Canada Expansion

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.

Jobs in retail and hospitality sectors continue to decline: Statistics Canada

On a year-over-year basis, payroll employment in retail trade was down by 20,300 (-1.0%).

Canada’s Counter-Tariffs Result in Temporary Price Increases

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.

Oakridge Park Opens to Crowds in Vancouver

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

L'Oréal Canada Canada is a subsidiary of the L'Oréal Group, the world's leading beauty company.

Toronto’s Retail Corridors Are Evolving, Says Arlin Markowitz

Toronto retail corridors are evolving as wellness, dining, fashion, and lifestyle brands reshape the city’s urban shopping streets.

KOMBI Expands Beyond Winter With New Rainwear Collection

Canadian brand KOMBI is expanding beyond winter accessories with a new rainwear collection focused on urban commuting and year-round growth.

Brands Retreat From Pride Sponsorships in Canada as Consumers Scrutinize Support

Major brands are scaling back Pride sponsorships in Canada as consumers increasingly demand authentic, year-round LGBTQ+ support, according to a new study.

EMERGE reports “strong” Q1 2026 results with increase in revenue and gross profit

Q1 revenue grew to $5.9M vs. $5.0M, an increase of 17.5% YoY, marking the 8th consecutive quarter of YoY revenue growth.

Why Physical Grocery Retail Still Drives Product Discovery

Canadian consumers still discover and try food products primarily in-store despite growing digital grocery engagement.

The Scented Market founder Kristy Miller recognized for entrepreneurial growth and community impact: Video

The Scented Market is expanding retail partnerships across Canada and the United States while continuing community-focused initiatives.

Happy Belly Food Group signs multi-year exclusive national partnership with Uber Eats Canada

The company's portfolio includes Heal Wellness, Rosie's Burgers, Yolks Breakfast, Via Cibo Italian Street Food, and others.

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