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Canadian Retail News From Around The Web For February 6th, 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.

Higher grocery bill? Here’s why some food prices may be rising in Canada (Global)

How grocery stores get shoppers in the door and entice them to spend more (Financial Post)

Manulife to cover specialty drugs at any pharmacy after backlash over Loblaw deal (CTV)

Business insolvencies in 2023 had the largest increase in 36 years: report (BNN)

Downtown record store Grooves expands into Wortley Village (London Free Press)

Gas station giant Parkland Corp. has analysts pumping up profit targets (Yahoo Finance)

SQDC needs better online payment options, says police captain (StratCann)

4 men charged in 8 retail robberies across Toronto (CityNews)

Curated Digest

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Changes to Temporary Foreign Worker Program applauded by business groups

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Helping employers who are facing severe labour shortages.
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Canada loses 84,000 jobs in February, unemployment rate increases: Statistics Canada

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The largest declines were in wholesale and retail trade (-18,000; -0.6%).
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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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The company’s “core four” growth brands are Yolks, Rosie’s, Heal and iQ Food. New restaurant openings planned for this year will largely come from those concepts.
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Small businesses call for stronger domestic energy supply amid global uncertainty: CFIB

Mario Toneguzzi -
An overwhelming majority (90%) of small businesses say governments should prioritize increasing Canada's energy production and capacity to better support the economy and ensure businesses have reliable access to the energy they need to operate.
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The New Luxury Client in a Relationship Era

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How The New Luxury Client is reshaping Canadian luxury retail through ritual, clienteling and emotional connection.
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Bespoke Made Suits Opens Downtown Vancouver Showroom

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Vancouver-based Bespoke Made Suits expands with an appointment-based tailoring showroom near the city’s Financial District.
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Daily Synopsis: Mar 12, 2026

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Cuba's fuel shortage impacts Canadian cigar stores, Manitoba asks Sobeys to scrap property restrictions, Ontario to allow shopping on 2 public holidays, alcohol in corner stores impact worker safety, redevelopment of former Sherwood Park Safeway, and other news.
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73% of Canadians Now Shop Chinese Marketplaces

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Survey finds 73% of Canadians shop Chinese marketplaces like Temu and Shein as monthly and weekly usage continues to grow.
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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

Mario Toneguzzi -
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

Mario Toneguzzi -
Chatime currently operates about 100 locations across Canada, primarily in Ontario and British Columbia, and opened six new stores last year while preparing additional locations that are expected to come online this year.
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VIDEO: 87% of Canadians feel financially trapped by rising living costs: Harris & Partners

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85% report their overall monthly expenses have increased in the past 12 months
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Butterly Trust Index Maps AI-Era Product Reviews

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Butterly’s 2026 Trust Index shows how honest, balanced reviews influence AI-led discovery, and what Canadian brands and retailers can do next.
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Abercrombie & Fitch Expands Canadian Store Network

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Abercrombie & Fitch expands in Canada with new stores planned in Winnipeg, Ottawa, Calgary and London ON, and a reopened location at West Edmonton Mall.
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Curated Digest

Daily Synopsis: Mar 11, 2026

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What might be next for Roots, Pokemon cards hot for theft, downtown Sudbury mall wins legal battle over 2004 Zellers exit, and other news.
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