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Canadian Retail News From Around The Web For January 31st, 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 24 hours.

Champagne says he’s working phones to court new players for Canadian grocery market (CP24)

Grocery and drugstore retailer Metro reports $228.5M Q1 profit, raises dividend (CityNews)

Allegations of anti-competitive practices in grocery sector ‘just not true,’ Metro CEO says (Yahoo)

Feds “disappointed” with grocery chains for lack of food price transparency (True North)

Manulife-Loblaw deal to deliver specialty drugs sparks access, competition concerns (CTV)

CFIB names CBSA as winner of Paper Weight Award for red tape (CTV)

McDonald’s iconic McRib sandwich is back in Canada after a decade-long wait (Chronicle Journal)

More people turning to second-hand items, say Sudbury, Ont. stores (CBC)

Loss of Richmond Row business an evolution in what Londoners want? (Re: Urban Outfitters closing in downtown London ON, CBC)

B.C. food-services spending growth outpaces inflation, lags rest of Canada (BIV)

Curated Digest

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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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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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Chatime focuses on strengthening brand leadership in Canada as expansion continues cautiously: Trinh Tham interview

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Abercrombie & Fitch Expands Canadian Store Network

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