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Canadian Retail News From Around The Web For February 26th, 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.

Rising grocery bills have made Canada’s biggest food inflation villains (Financial Post)

‘More stores can lower prices’: Industry experts weigh in on growing Loblaw stores, call on food retailers to increase competition (Yahoo)

Why drought on the prairies is making your steak more expensive (Castanet)

Michael Kors names new North America retail head, Canada chief departs (Fashion Netweork)

What’s behind rising food costs in Canada’s North? Questions emerge over how retailer sets prices (CBC)

Yonge and Bloor’s retail strip has become big and boring. Blame small-minded city rules (Toronto Star)

Ikea announces ‘plan and order’ store for south end of Barrie (Orillia Matters)

ServiceOntario savings come from government no longer paying leasing costs: minister (CityNews)

Toronto bylaw requiring customers to ask businesses for single-use plastics comes into effect in March (NOW)

Montreal’s Beloved Witchcraft Store Has Closed, But Its Magic Will Live On (MTL Blog)

Oshawa jewelry store targeted a second time by hammer-wielding suspects (CTV)

Curated Digest

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L’OCA Quality Market to Close Edmonton-Area Stores

Craig Patterson -
L’OCA Quality Market will close its Sherwood Park and Edmonton stores March 12 after less than two years of operation.
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Nearly 1 in 3 Canadians snack at night, far above global average: IKEA

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In Canada, the main frustrations when it comes to cooking at home are lack of surface space (31%) and lack of storage (29%).
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From The Desk: Navigating Retail Evolution Through Expansion, Tech, and Consumer Shifts

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Sephora's Canadian expansion, AI reshaping shopping, and retail bifurcation highlight evolving strategies amid market pressure and consumer shifts in 2026.
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Hudson’s Bay Collapse: One Year After the CCAA Filing

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A year after Hudson’s Bay filed for CCAA protection, the retail industry reflects on the collapse of a 355-year-old institution.
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Enoteca Monza opens at CF Market Mall in Calgary (Video, Photos)

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Founded in 2010, Enoteca Monza has grown to 10 locations across Canada and was acquired by Foodtastic in 2018.
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Casavogue Celebrates 54 Years with Anniversary Savings

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Casavogue marks its 54th anniversary with $500 off every $3,000 spent on sofas, bedroom sets, and dining sets.
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VIDEO: Iran conflict’s impact on retailers and consumers

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Retailers are focusing on controlling costs and expanding private-label offerings while increasing promotions to help shoppers manage tighter budgets.
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MR MIKES SteakhouseCasual Surpasses 50 Locations in Canada

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MR MIKES SteakhouseCasual expands to more than 50 restaurants across Canada after opening seven new locations in 2025.
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Tim Hortons partners with Canadian Paralympic Team

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The partnership furthers Tim Hortons long-standing commitment to supporting sport and Canadian athletes, including investments in getting kids active like the Timbits Hockey and Soccer programs.
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Sundays Opens Terminal HQ Showroom in Vancouver

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Canadian furniture brand Sundays opens a 15,000-square-foot Terminal HQ showroom in Vancouver, expanding its retail footprint and introducing sister brand Hetta.
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Quebec Retailers Face Rising Language Compliance Pressure

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Bill 96, OQLF inspections, and rising complaints are reshaping Quebec retail operations, hiring, signage, and digital marketing strategies.
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Dixie Outlet Mall in Mississauga Placed into Receivership

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Dixie Outlet Mall in Mississauga enters receivership as redevelopment plans and long-term transformation of the site move forward.
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BAPE Opens First Canadian Store on Vancouver’s Alberni Street

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Japanese streetwear brand BAPE opens its first Canadian store at 1028 Alberni Street in downtown Vancouver, entering the Canadian retail market.
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Daily Synopsis: Mar 5, 2026

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Gas prices to impact food, George Weston sees revenue climb as Loblaw and Choice Properties gain, Costco Canada comp sales up 10%, Sunterra appeals cheque kitting ruling, Krazy Bins store opening in Edmonton, and other news.
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Walmart Canada kicks off sponsorship with Canada Soccer to bring Canadians closer to the game 

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One of the country's most accomplished and recognizable players, Canada Soccer Men's National Team forward Jonathan David will support the collaboration as an official Walmart Canada ambassador.
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Sungiven Foods Expanding Metro Vancouver Footprint

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Sungiven Foods plans up to 15 new Metro Vancouver stores as it refines its small-format, private-label grocery model.
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