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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)

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Daily Synopsis: May 5, 2026

RioCan shifts strategy in tight retail market, pickleball and other uses come to Canadian 'dead malls', counterfeit bills a concern for retailers in Windsor, pasta concept coming to Lonsdale Quay, and other news.

First Capital REIT reports “solid” Q1 results.

Total portfolio occupancy of 97.2%, representing an increase of 30 basis points year-over-year

EQB secures final approval for PC Financial acquisition

EQB expects the acquisition to close in the summer of 2026, subject to customary closing conditions.

Primaris REIT Repurposing Malls After Hudson’s Bay Closures

Primaris REIT is repurposing former Hudson’s Bay stores, turning anchor closures into a strategy to reshape Canadian shopping centres.

Happy Belly Food Group acquiring 50% of Ghost Taco

Ghost Taco is a fast-growing Ontario-based fast-casual restaurant brand specializing in bold, Mexican-inspired tacos, bowls, sides and desserts.

Shopify delivers again as merchants clear $100 billion in Q1 GMV

For the second quarter of 2026, Shopify said it expects revenue to grow at a high-twenties percentage rate on a year-over-year basis.

Kantar: Brands Risk Missing Canada’s High-Value Seniors

Canadians in their "third age" (60–80) aren't retreating from life, they're travelling, dining out, adopting new tech, and spending.

Kim Crawford Wines announces 3-year partnership with Tennis Canada

The National Bank Open brings the best men's and women's tennis players in the world to Canada, each summer.

Kinton Ramen introduces 1st food court concept at Waterfront Centre Vancouver

This new opening represents the brand's 12th location in British Columbia and serves as the first of several planned food court expansions across the province. 

Tourisme Montréal focuses on infrastructure to strengthen Montréal’s competitiveness

"Major events, whether cultural or sporting, are now key drivers of travel."

Calgary Boutique espy experience Expands Under Megan Szanik

espy experience began in 2009 as a 1,500-square-foot designer discount concept in Inglewood and has grown to more than 12,000 square feet.

Splitsville Bowl Expands Across Canada with New Centres

Splitsville Bowl accelerates Canadian expansion with new locations, targeting retail hubs and redefining bowling as social entertainment.

How Cadillac Fairview Drives Shopping Centre Productivity

An inside look at how Cadillac Fairview drives high shopping centre productivity through tenant mix, experience, and strategic investment.

Daily Synopsis: May 4, 2026

Simons CEO discusses success, future of HBC real estate, bank branches could close, Ikea plans 3 storey tall outdoor digital billboard in Ottawa, Korean froyo chain opens 1st Canadian location in Toronto, and other news.

Toronto’s Basil Box to Shut Down All Locations by May 14

Basil Box will close all Canadian locations by May 14, ending a Toronto fast-casual brand as rising costs and shifting demand pressure the sector.

Retail-focused strategy delivers strong Q1 results: RioCan 

Committed retail occupancy of 98.6% reflects structurally constrained retail supply across RioCan's markets and resilient tenant demand.
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