Canadian Retail News From Around The Web For January 15th, 2024

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 three days.

Holt Renfrew CEO sets sights on future of Canadian luxury retailer (Postmedia)

Halal food industry growing to meet demand as Muslim population continues rising (CityNews)

Porsche Cars Canada reports best sales year in 2023 (Financial Post)

Climate change behind ferry disruptions and shipping delays, Marine Atlantic says (CBC)

Gildan board moves up new CEO’s start date as battle with shareholders rages on (Postmedia)

French wording must make up two-thirds of commercial signage in 2025, Quebec says (CTV)

Josh Freed: My pharmacy lost its community feel, so I’ve moved on (Montreal Gazette)

Ford government to pay for Staples retrofit as retailer looks to ‘monetize’ ServiceOntario (CityNews)

How the LCBO cleverly filled its talent pipeline during a labour shortage (Ottawa Business Journal)

Winnipeg small business owner faces uncertain future as CEBA repayment deadline looms (Global)

Calgary Co-op’s pharmacy acquisition shows focus shifting from overcrowded grocery sector: expert (Calgary Herald)

Kawartha Dairy to open first GTA store in Burlington (Burlington Today)

Beloved ADL ice-cream flavours will soon melt away from P.E.I. store freezers (CBC)

Downtown Ottawa needs ‘visionary and transformative action,’ report says (Ottawa Citizen)

Man wanted after allegedly setting fire to books in Toronto store (Global)

REMEMBER THIS: Newmarket shoppers flocked to new plazas (Newmarket Today)

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From The Desk: Reimagining Retail Real Estate and Navigating Labour Challenges in Canadian Retail

Canadian retail real estate adapts by repurposing large spaces while labour market losses pressure retailers during a pivotal transition period.

Walmart Canada Opens Holiday Pop-Up in Historic Downtown Toronto Building

Walmart Canada has opened a three-day holiday pop-up at 2 Queen Street West in downtown Toronto, featuring themed merchandise displays and complimentary Santa photography. The activation follows an October fashion pop-up, while holiday windows remain until November 27.

Canadian Jewellery Brand Steff Eleoff Opens New York Pop-Up with Shopify

Toronto-based jewellery brand STEFF ELEOFF has opened a three-day pop-up at Shopify's SoHo space in New York City, running November 6–8, 2026, following recent retail activations with Holt Renfrew in Canada.

Retail Insider “Q3 2026 Consumer Behaviour / Retail Economy Report”: Loyal Shoppers Become More Selective

Canadian consumers kept spending in Q3, but household finances and purchasing decisions diverged. Retail Insider’s report examines why transactions, availability and basket composition matter alongside headline sales.

Winnipeg retail market attracting major new brands to CF Polo Park: GM interview

CF Polo Park is preparing for a T&T Supermarket in 2028 as the Winnipeg shopping centre adds new retailers, expands existing stores and reports strong sales and traffic.

Giorgio Armani Opens Only Standalone Canadian Boutique and First Armani/Caffè at Oakridge Park

Giorgio Armani has opened its only standalone Canadian boutique and the country's first Armani/Caffè at Vancouver's Oakridge Park. Amachris constructed the boutique and café, while DWSV Realty handled the leasing transaction.

Holt Renfrew Vancouver Sees Luxury Boutique Shakeup as Brands Arrive, Relocate and Depart

Gentle Monster opened at Holt Renfrew Vancouver on October 30 with an installation of three moving sculptural heads. The opening comes as Brunello Cucinelli relocates its women's boutique and Tiffany & Co. and Loewe shift their Vancouver retail presence.

CF Chinook Centre prepares new retail announcements as major leasing deals advance

Calgary’s CF Chinook Centre is nearing new retail deals for its former Hudson’s Bay space while advancing plans for the former Saks and Nordstrom locations.

The Magnum Ice Cream Company Launches Yasso Frozen Greek Yogurt Brand in Canada

The Magnum Ice Cream Company brings Yasso frozen Greek yogurt to Canada, launching four products exclusively at Loblaw ahead of a nationwide expansion in 2027.

Canadian employment holds steady in October as wholesale and retail trade shed 29,000 jobs: Statistics Canada

Statistics Canada reports a 1 per cent monthly decline in wholesale and retail trade employment in October, while the national unemployment rate edged up to 6.7 per cent.

CFIB Criticizes Federal Budget 2026 for Failing to Deliver Tax Relief and Tariff Support for Small Businesses

CFIB calls Budget 2026 a disappointment for small businesses, while Restaurants Canada highlights investment incentives, tax simplification and affordability measures that could benefit the restaurant industry.

Cineplex reports record $440.2M quarterly revenue as adjusted EBITDA more than doubles

Cineplex posted record third-quarter revenue and box office sales in 2026, while reporting stronger cash flow and launching a strategic review that includes a potential sale of the company.

Sephora to Reach 150 Canadian Stores as Prestige Beauty Competition Intensifies

Sephora will open its 150th Canadian store in Oakville on November 13 as it expands into neighbourhood retail, adds luxury skincare brands and faces growing competition from Shoppers Drug Mart.

Canada Goose Faces Deeper Comparable Sales Declines as Winter Shoppers Delay Purchases

Canada Goose reported a 7.5% decline in comparable sales during its second fiscal quarter, with weakness continuing into October as warmer weather delayed winter apparel purchases. Canadian sales held steady while gross margins improved.

Daily Synopsis: November 5, 2026

Crombie acquires 13 Ontario retail properties, FreshCo opens first Vancouver store, SportChek closes second Vancouver store, Flying Tiger opening more Ontario stores, Victoria's Market Square comes to market, and other news.

Leon’s Furniture reports higher third-quarter profit despite lower sales

Leon’s Furniture reported a 1.2 per cent increase in third-quarter net income as revenue declined 0.9 per cent, with inventory delays weighing on furniture sales and a property sale boosting earnings.

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