Canadian Retail News From Around The Web For August 12, 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 few days.

Canada Goose CEO isn’t worried about diluting the brand as it expands—but experts caution there are graveyards of companies that have tried (Yahoo/Fortune)

Costco Canada July comp sales up 10.2%, plans to roll out scanners to crackdown on membership sharing (Grocery Business)

Costco is clamping down on membership sharing with new scanners at store entrances (The Star)

Loblaw’s health care empire is growing. But can it earn the trust of Canadian patients? (Globe & Mail / paywall for subscribers)

Opinion: The rise of the store-within-a-store, a retail innovation to help save physical shopping (Globe & Mail / paywall for subscribers)

Is Costco keeping tabs on serial returners? Canadian retail expert has thoughts (Daily Hive)

This Montreal shop sells food at 3 prices depending on what you can afford (CBC)

Edmonton retail rental rates hold amid national rise, survey finds (Edmonton Journal)

‘It’s been very emotional’: Dakota Family Foods closes after 20 years (CTV Winnipeg)

Sudbury thrift store asks people to stop ‘donating’ trash after dump fees increase (CBC)

London Drugs at The Amazing Brentwood mall is moving to a new location (Daily Hive)

‘Just nerd it up’: Puzzle factory opens in Merrickville and is 100% Canadian (Inside Ottawa Valley)

Thrift store in Sidney, B.C., evacuated after ‘possible historical military explosive’ dropped off (CTV)

Toronto business owner claims Metrolinx ‘screwed all small businesses’ in neighbourhood (BlogTO)

Chis Selley: Ontario’s freakout over booze in 7-Elevens is pure classism (National Post)

Curated Digest

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Canada Goose Faces Deeper Comparable Sales Declines as Winter Shoppers Delay Purchases

Craig Patterson -
Canada Goose reported a 7.5% decline in comparable sales during its second fiscal quarter, with weakness continuing into October as warmer weather delayed winter apparel purchases. Canadian sales held steady while gross margins improved.
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Curated Digest

Daily Synopsis: November 5, 2026

Retail Insider -
Crombie acquires 13 Ontario retail properties, FreshCo opens first Vancouver store, SportChek closes second Vancouver store, Flying Tiger opening more Ontario stores, Victoria's Market Square comes to market, and other news.
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News

Leon’s Furniture reports higher third-quarter profit despite lower sales

Mario Toneguzzi -
Leon’s Furniture reported a 1.2 per cent increase in third-quarter net income as revenue declined 0.9 per cent, with inventory delays weighing on furniture sales and a property sale boosting earnings.
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News

Kits Eyecare reports record third-quarter revenue as glasses sales climb 59%

Mario Toneguzzi -
Vancouver-based Kits Eyecare posted record third-quarter revenue of $63.7 million, supported by higher glasses sales, repeat customer growth and increased operating cash flow.
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News

Apple’s AI Strategy Is Reshaping Its Hardware and Services Economics

Lee Rivett -
Apple generated US$478.8 billion in fiscal 2026 revenue as rising memory prices and AI computing costs put pressure on margins. Its strategy includes paid AI services, enterprise applications and new advertising opportunities for Canadian retailers.
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News

Primaris Expands Méga Parc with $1 Million Atlas Mini-Golf Attraction

Craig Patterson -
Primaris REIT is opening the nearly $1-million Atlas Mini-Golf attraction at Méga Parc in Quebec City. New interviews reveal the landlord's entertainment strategy, projected operating revenue, growing events business and plans for further investment in 2028.
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News

Samsung Canada Takes Smartphone Rivalry to the Streets with Three-City Billboard Campaign

Craig Patterson -
Samsung Canada deployed mobile digital billboards in Toronto, Vancouver and Montreal as part of a rapid-response campaign promoting its Galaxy Z Fold8. Samsung executive Christian Di Vincenzo explains the retail strategy, Edelman's role and the company's reported results.
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News

Casavogue Highlights Canadian-Made Bermex Dining Furniture

Retail Insider -
Casavogue in Montréal showcases Canadian-made Bermex dining furniture, including the Expression and Clara tables and Rocko and Luca chairs. The Québec manufacturer offers customizable wood finishes and upholstery, with showroom consultants helping customers plan coordinated dining spaces.
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News

The Kitchen to open 9,000-square-foot dining destination at Toronto’s Mirvish Village in 2027

Mario Toneguzzi -
A new Toronto food hall will bring 12 local restaurant brands together in a 460-seat dining space featuring automated food delivery and community event facilities.
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News

Retail Insider “Q3 2026 Real Estate & Leasing Report”: Signed Space Must Become Paying Space

Lee Rivett -
High occupancy and stronger replacement rents coexist with costly anchor redevelopments. Retail Insider’s Q3 report examines why openings, rent commencement and capital returns will determine the value of current leasing progress.
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News

RioCan Retail Occupancy Hits Record 98.9% as Leasing Demand Drives Rental Growth: Executive interview

Mario Toneguzzi -
RioCan reports strong demand for retail space, 17% leasing spreads and expansion opportunities as it outlines its strategy for portfolio growth heading into 2027.
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News

Intuit Mailchimp research finds personalized emails boost Canadian holiday shopping sales

Mario Toneguzzi -
Canadian ecommerce businesses saw higher order values and repeat purchases through targeted email campaigns, according to new Intuit Mailchimp research examining billions of marketing messages.
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News Briefs (Bulletin/Quick Reads)

Gildan cuts 2026 outlook as weaker apparel demand weighs on third-quarter sales

Mario Toneguzzi -
Gildan Activewear lowers its 2026 revenue and earnings forecasts after weaker-than-expected demand across wholesale and retail channels, while continuing its HanesBrands integration.
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News

Hirevue examines how AI is changing holiday hiring as employers prepare for seasonal rush

Mario Toneguzzi -
Hirevue's Christie Brodbeck discusses holiday hiring trends, seasonal job demand and how AI is helping employers screen applicants, validate skills and recruit more efficiently.
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News

Bio-K+ expands retail distribution across Canada and U.S. with new partnerships and product launches

Mario Toneguzzi -
The Quebec-based probiotic company is expanding into Walmart, Costco.ca, Circle K and major U.S. grocery chains as it broadens its North American retail and e-commerce presence.
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News

Mandy’s Gourmet Salads to launch Calgary delivery service through Uber Eats

Mario Toneguzzi -
Montreal-based Mandy’s Gourmet Salads will enter the Calgary market Nov. 9 with delivery of its salads, bowls, soups and smoothies through Uber Eats.
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