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)

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Why Vancouver’s West 4th Retail District Continues to Thrive

New retailers including Sephora, Aritzia and Mandy's Gourmet Salads are investing in Vancouver's West 4th retail district as the Kitsilano corridor continues to attract shoppers while maintaining its distinctive character.

Circle K Advances 750-Store Expansion Plan as Foodservice and Loyalty Drive Growth

Circle K parent Alimentation Couche-Tard is advancing its plan to build 750 new stores by 2030 while investing in foodservice, beverages, loyalty programs and digital engagement to drive future growth.

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

Farm produces extra virgin olive oil used by restaurants across the country and internationally.

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

The chain, founded in St. John’s in 1969, now operates more than 300 locations across Canada and has begun expanding internationally, with sites in markets including Mexico, the United Kingdom, India and Pakistan.

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

“Canadians are becoming more intentional about the brands they support.”

Secondhand shopping growth outpacing retail overall: Mastercard

When asked what specific factors consumers consider most important when making purchasing decisions, cost (63%), longevity (52%) and brand trust (45%) lead.

Daily Synopsis: Jun 23, 2026

Walmart Canada looks for innovative suppliers at growth summit, RONA recognized as a 'best workplace', Bay Centre buyer looks to add experiential tenants, Loblaw opens at Broadway and Granville in Vancouver, and other news.

VIDEO: Indoor farming push seen as key to Canada’s food security: GoodLeaf CEO

Food security in Canada hinges on ensuring consistent, year-round access to fresh produce despite the country’s extreme seasonal swings.

Most small businesses worry higher fuel costs could cool summer tourism season: CFIB

"Fuel costs have been squeezing small businesses from all sides: at the pump, across their supply chains and in their customers' wallets."

RioCan announces new grocery, fitness, and apparel tenants for HBC space at Georgian Mall in Barrie

Georgian Mall is the largest enclosed shopping centre in Barrie and the greater Simcoe County area.

VIDEO: Amazon Prime Day 2026 expected to draw Canadian shoppers despite affordability pressures: Bruce Winder

Consumers are grappling with elevated living costs, including higher fuel prices and persistent food inflation.

RH to Open in Former Club Monaco Building on Toronto’s Bloor Street

RH is set to open a store in the former Club Monaco flagship building at 157 Bloor Street West in Toronto, bringing a new home furnishings tenant to one of Canada's most prominent retail locations.

How Consumer Preferences Are Reshaping Canadian Grocery Retail

Canadian grocery retail is evolving as consumers embrace curated assortments, ethnic supermarkets, private-label products and value-focused shopping. Industry veteran Michael Commisso shares insights into the trends reshaping the sector.

Competition Bureau Continues Multi-Year Push Against Grocery Property Controls

The Competition Bureau of Canada has expanded its investigation into Sobeys' use of property controls, continuing a multi-year effort that began with its 2023 grocery competition study and has already prompted changes across the grocery industry.

Prime Day spending set to hit $5.4B in Canada as participation jumps from 52% to 65% in a year

70% expect to spend the same amount (51%) or more (19%) than they did last year.

Fran Deck, Steward of Toronto Landmark Fran’s Restaurant, Dies at 89

Fran Deck, longtime steward of Toronto's historic Fran's Restaurant, has died at age 89. His legacy lives on through one of the city's most enduring dining institutions.

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