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Canadian Retail News From Around The Web For May 9th, 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.

RioCan REIT reports profits up as retail demand holding up well (CityNews)

Why it’s difficult for international low-cost grocers to open stores in Canada (CBC)

London Drugs president says sorry for cyber breach, no evidence customer data taken (VIA)

Mattress retailer Sleep Country $8.7M Q1 profit, down from $11.3M a year earlier (The Canadiain Press)

Costco April sales: Canada comp sales up 8.3% (Grocery Business)

Shopify posts revenue beat and surprise loss in Q1, touts European growth (Betakit)

B.C. bucks national trend as retail sales rise (BIV)

KITS Eyecare posts record revenue, returns to profitability (BIV)

NDP leader slams Liberals for giving nearly $26M to Costco, Loblaw in recent years for energy efficient appliances (BIV)

Calgary city council dumps bylaw charging consumers for shopping bags (The Canadian Press)

Grocery store boycott won’t fix food system, some N.B. farmers say (CBC)

‘This is a daily occurrence’: Employees say LCBO theft that led to wrong-way 401 police chase is alarmingly common (Toronto Star)

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