Canadian Retail News From Around The Web For July 24, 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.

‘Theft is on everyone’s mind:’ Retail Council of Canada says shoplifting is becoming more brazen (CTV)

Roots Announces Results of Voting at Fiscal 2023 Annual Meeting of Shareholders (Newswire)

Discount grocery shopping app Flashfood expands to support independents (Grocery Business)

Halal meat is big business both within and beyond Muslim communities (Radio-Canada/CBC)

MUJI closes its largest store location in Metro Vancouver at Guildford Town Centre in Surrey, Following Square One closure in Mississauga (Daily Hive)

Long-promised Nova Scotia Loyal program to offer rewards for buying local (CityNews)

LCBO stores reopen across Ontario after 2-week strike (CTV)

Man charged after allegedly stealing more than $60K in clothing from downtown Toronto retailers (CP24)

Curated Digest

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Toronto Fashion Label Demascaré Expands Into Ready-to-Wear as Shaun Mascarenhas Eyes Retail Growth

Craig Patterson -
Toronto designer Shaun Mascarenhas is expanding Demascaré into ready-to-wear, with local production, selective retail growth and broader ambitions.
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Employment falls for 2nd straight month, 68,000 jobs lost in September: Statistics Canada

Mario Toneguzzi -
The unemployment rate increased 0.1 percentage points to 6.5%.
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Canadians plan to spend less this holiday season but favour domestic products: PwC

Mario Toneguzzi -
A PwC Canada survey finds 54 per cent of consumers are willing to pay more for Canadian-made goods as planned holiday spending declines 11 per cent.
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Maybelline expands mental health campaign to focus on support networks (Video)

Mario Toneguzzi -
Maybelline New York’s latest Brave Together campaign highlights the role of family and friends in mental health support, building on a global program launched in 2020.
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Pokémon Card Thefts Push Canadian Retailers to Rethink Store Security

Lee Rivett -
Pokémon card thefts across Canada are prompting retailers to rethink security, insurance, inventory storage and how valuable products are displayed and sold.
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Canadians’ confidence in direction of food system weakens: report

Mario Toneguzzi -
A Canadian Centre for Food Integrity survey finds food affordability remains Canadians' top concern as uncertainty about misinformation and artificial intelligence grows.
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Montreal’s Transformer Table Reaches $145 Million in Revenue as U.S. Retail Expansion Accelerates

Craig Patterson -
Montreal-founded Transformer Table is expanding its U.S. retail footprint with new microstores and a Maryland flagship as CEO Chris Wantlin discusses the company's revenue growth, retail partnerships and future expansion plans.
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Curated Digest

Daily Synopsis: October 8, 2026

Retail Insider -
Holiday spending expected to be down as consumers struggle, Newmarket Walmart closing while Kingston announced, grocery store opens in Winnipeg food desert, T&T opens 1st Ontario cafe, and other news.
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Aritzia reports Q2 Fiscal 2027 financial results, net revenue up 44.1% to $1.17 billion

Mario Toneguzzi -
Net revenue in Canada increased 19.8% to $390.4 million, compared to $326.0 million in Q2 2026.
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Canada’s Menswear Market Is Being Rebuilt as Retailers Invest in Premium and Luxury

Craig Patterson -
Canada’s premium and luxury menswear market is attracting major investment as Harry Rosen, Holt Renfrew, Simons, independent retailers and global fashion houses expand, renovate and rethink physical retail across Canada, even after the loss of major department-store capacity.
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Ralph Lauren Home Joins Maison Territo in Montréal

Craig Patterson -
Maison Territo adds Ralph Lauren Home to its curated catalogue, bringing the American brand’s furniture and distinctive design aesthetic to Montréal.
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Casavogue Launches Buy More, Save More Promotion in Montréal

Retail Insider -
Casavogue’s Buy More, Save More promotion offers $500 in savings for every $3,000 spent on a wide selection of furniture.
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Egg Club and Serruya Private Equity Announce Joint Venture to Fuel Global Growth  

Mario Toneguzzi -
New partnership will support expansion of the Toronto-born breakfast brand across North America and international markets.
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Kits Eyecare report preliminary Q3 results, substantial growth in total revenue

Mario Toneguzzi -
Total Revenue grew 21.6% year-over-year to approximately $63.7 million, accelerating from 17.8% growth in Q2 2026.
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Canadian Shoppers Grow More Selective as Holiday Spending Intentions Weaken

Lee Rivett -
A new Stifel survey finds Canadian consumers entering the 2026 holiday season with weaker spending conviction. Holiday budget intentions fell sharply, while value retail remains resilient and higher-income shoppers show growing caution across several discretionary categories.
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Selwyn Crittendon moving on to different role at IKEA

Mario Toneguzzi -
He will remain with IKEA Canada until December 31, and the company expects to announce a successor in the coming months.
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