Canadian Retail News From Around The Web For December 7th, 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.

Roots reports Q3 sales and profit down from year ago as it faces economic headwinds (Canadian Press)

Retail Council of Canada shows Canadians more intentional with holiday shopping (CBC)

Small business organizations express frustration with government plan on swipe fee reductions (Grocery Business)

CEO Jennifer Wong on ‘setting the stage for the next level of Aritzia’ (Glossy)

Commercial real estate expected to recover through 2024 (Globe & Mail)

Heather gets the last word: The queen of reading and her Indigo comeback (National Post)

Not Just Burgers: McDonald’s Leads In Commercial Real Estate (Storeys)

His gift card was drained of funds. Getting the money back was a logistical nightmare (CBC)

DAVIDsTEA Appoints Chief Digital Officer to Drive Online Sales (Financial Post)

B.C. consumers tightening wallets in tough retail climate (Pique)

Police looking for 3 suspects after robbery at Yorkdale Cartier store (Global)

Winnipeg business owner says she’s leaving Osborne Village due to lack of customers, safety (CBC)

How Canadian grocer Freson Bros. embraces its roots (Grocery Dive)

With Christmas around the corner, more Windsorites are shopping at thrift stores (CBC)

People reflect on legacy of Robertson Trading as store winds down after 56 years (CBC)

Patrick Morin, founder of the Quebec retail chain, dies at 96 (Hardlines)

MOST RECENT PREVIOUS ARTICLES

RECENT RETAIL INSIDER VIDEOS

Inside Leon’s $1.17 Billion Canadian Real Estate Portfolio

Leon’s has valued its Canadian real estate portfolio at $1.17 billion as the retailer advances redevelopment projects and continues plans for a publicly traded REIT.

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.

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