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Canadian Retail News From Around The Web For December 5th, 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.

Canada’s grocery retail sector one of the most competitive on Earth: Sobeys CEO (CTV)

Amazon gives customer runaround after $2,100 watch missing from delivered package (CBC)

Angry shopper points out Ontario produce costs more at Loblaws than in U.S. (Toronto Sun)

Lululemon shares slide on analyst downgrade (VIA)

Are Exclusive Covenants About To Become Extinct? (Mondaq)

Winnipeg police targeting shoplifters after retail thefts spike 44% year-over-year (CBC)

Winnipeg grocery store stabbing suspect arrested, charged in another violent robbery (CBC)

Petro-Canada Returns to NL (VOCM)

Curated Digest

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Helping employers who are facing severe labour shortages.
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Canada loses 84,000 jobs in February, unemployment rate increases: Statistics Canada

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Happy Belly Food Group targets up to 50 new restaurant openings as same-store sales remain strong: Sean Black interview

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Small businesses call for stronger domestic energy supply amid global uncertainty: CFIB

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An overwhelming majority (90%) of small businesses say governments should prioritize increasing Canada's energy production and capacity to better support the economy and ensure businesses have reliable access to the energy they need to operate.
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Bespoke Made Suits Opens Downtown Vancouver Showroom

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Cuba's fuel shortage impacts Canadian cigar stores, Manitoba asks Sobeys to scrap property restrictions, Ontario to allow shopping on 2 public holidays, alcohol in corner stores impact worker safety, redevelopment of former Sherwood Park Safeway, and other news.
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73% of Canadians Now Shop Chinese Marketplaces

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Survey finds 73% of Canadians shop Chinese marketplaces like Temu and Shein as monthly and weekly usage continues to grow.
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Canadian hotel industry sees steady growth as leisure travel drives performance: Cushman & Wakefield

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2025 ranked among the stronger years for hotel transactions over the past two decades, highlighted by several notable full-service and luxury hotel trades.
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Article Expands Brick-and-Mortar Retail with Toronto Showroom

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Vancouver-based furniture brand Article expands brick-and-mortar retail with a 9,600-square-foot Toronto showroom in King West, marking its second physical store.
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Empire Company Limited reports Q3 financial results

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Sales of $7,890 million, an increase of 2.1%.
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