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Canadian Retail News From Around The Web For May 24th, 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.

Clarins leaving Canada’s Hudson’s Bay stores (CTV)

Hackers release corporate data stolen from London Drugs (CBC)

Home Hardware’s lead retail operations exec departs (Hardlines)

Seafood chain Red Lobster will ask Canadian court to enforce U.S. bankruptcy in Canada (CBC)

Is Canada Goose (GOOS) Outperforming Other Retail-Wholesale Stocks This Year? (Yahoo)

HBC, Kamloops workers come to deal, end five-month strike (BIV)

Curated Digest

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Westmount Mall Redevelopment to Create Open-Air Centre

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First Capital REIT plans to redevelop Edmonton’s Westmount Shopping Centre into an open-air retail complex while key anchors remain open.
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Foodtastic expands Noodlebox brand across Canada with eyes on Montreal launch

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The Asian fusion concept has grown to 71 locations across the country, with roughly 14 new restaurants opening in 2025 and another 25 currently in development.
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Oil Prices Could Push Canadian Grocery Inflation Higher

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Rising oil prices could push Canadian grocery inflation toward 6–8% in 2026 as energy costs ripple through the food supply chain.
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Wayfair Launches Loyalty Program in Canada

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Moneris reporting 4% increase in reported fraud cases in 2025

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Aegis Brands reports Q4 and year end results

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During 2025, it opened three new locations and closed three underperforming restaurants, maintaining 81 franchised locations at year end.
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L’OCA Quality Market shutting, HBC retail spaces vacant a year later, Aburi Market opens 3rd Vancouver mini grocery store, undercover language inspectors deployed in Quebec, and other news.
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L’OCA Quality Market to Close Edmonton-Area Stores

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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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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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VIDEO: Iran conflict’s impact on retailers and consumers

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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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