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Canadian Retail News From Around The Web For July 19th, 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.

Final hurdle clears for grocery code of conduct as Walmart, Costco sign on (BNN)

New report confirms what many suspected: ‘shrinkflation’ is real — and it’s shrunk some products by up to 25% (The Star)

Amazon says it had its best Prime Day sales event ever this week (CTV)

2 deaths in listeriosis outbreak linked to plant-based milk recall, Canadian officials say (CBC)

Ready-to-drink beverages expand to grocery stores as LCBO strike continues (Global)

78-year-old hobby shop in Halifax closing its doors (CTV)

Crombie, Sobeys Join Forces For Six-Storey Beaches Development (Toronto Storeys)

Calgary T&T Supermarket location set to reopen after fire (CTV)

Local bakery with gourmet cakes opens its first location in Calgary | Dished

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Loblaw Expands Maxi Discount Strategy in Quebec

Lee Rivett -
Loblaw opens a new Maxi and Pharmaprix in Mont-Laurier as part of a broader national push into hard-discount grocery formats.
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Pizza Pizza tops Elite Franchise annual franchise list

Mario Toneguzzi -
The annual ranking recognizes brands that are not only performing at a high level today but are actively shaping the future of the sector through innovation, resilience, franchisee support, and long-term growth.
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Giant Tiger and Kids Help Phone unveil new youth-designed pink shirt for Anti-Bullying Day

Mario Toneguzzi -
Through its Anti-Bullying campaign, Giant Tiger has raised more than $350,000 to date to help fund KHP e-mental health services, creating real impact in communities across Canada.
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Recipe Unlimited announces 3rd new Olive Garden location in Canada

Mario Toneguzzi -
The restaurant will open in Ajax, Ontario, bringing the brand's Italian-inspired dining experience to a new community in Eastern Canada.
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Tim Hortons raises $1.3 million through Special Olympics Donuts, with 100% of proceeds donated to Special Olympics Canada

Mario Toneguzzi -
The funds raised from Special Olympics Donuts support year-round, inclusive sport programs for more than 40,000 athletes with intellectual and developmental disabilities.
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Steve’s Music Restructures, Closing Most Stores

Lee Rivett -
Steve’s Music is restructuring its Canadian operations, closing most stores and focusing on a single Montreal flagship and online sales.
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IKEA Canada partners with Africville Museum to host immersive exhibit in Halifax 

Mario Toneguzzi -
Nova Scotia is recognized as the birthplace of African presence in Canada.
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Canadian Tire Fined $1.29M for False Pricing in Quebec

Lee Rivett -
Canadian Tire will pay $1.29 million after pleading guilty to 74 counts of false advertising tied to inflated reference prices in Quebec.
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From The Desk: Experiential Retail and Luxury Growth Shape the Week

Craig Patterson -
Experiential activations, luxury expansion, and retail restructurings highlight a week of strategic recalibration across Canada’s retail sector.
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Just Socks Foundation Sock Drive Returns for 11th Year

Craig Patterson -
Just Socks Foundation launches its 11th annual sock drive, culminating in a February 13 Big Sock Drop serving more than 40 charities.
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Bang & Olufsen Returns to Yorkville With New Toronto Store

Craig Patterson -
Bang & Olufsen is opening a new Toronto flagship at 135 Yorkville Avenue, marking its return to the city’s luxury retail corridor after several years away.
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Statistics Canada reports retail sales growth

Mario Toneguzzi -
In November, the largest monthly increase in dollar terms came from sales of food and beverages, which rose 5.6% compared with the same month in 2024.
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Time Out Market Vancouver reveals further additions to its all-star culinary lineup of local chefs and restaurateurs

Mario Toneguzzi -
Time Out Market Vancouver – located at Oakridge Park – is 51,000 square feet of space and will feature 18 kitchens, one dessert and one coffee counter, alongside three bars, multiple event spaces, around 1,000 seats and a large outdoor terrace facing onto a public park. 
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Cadillac Fairview malls celebrate Olympics and Chinese New Year

Mario Toneguzzi -
“Our shopping centres serve as true gathering places for our communities."
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Affirm partners with Wayfair in UK and Canada

Mario Toneguzzi -
The recently expanded partnership brought Affirm to Wayfair’s online and in-store checkouts across the US last October.
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To lower grocery bills, food supply chains need to be improved: McGill professor

Mario Toneguzzi -
The expanded Canada Groceries and Essentials Benefit does not reduce the grocery bills. 
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