Canadian Retail News From Around The Web For August 26, 2024

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

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

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

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.

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

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.

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

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.

Morguard Reports 90.3% Retail Occupancy as Third-Quarter Retail NOI Declines

Morguard reported 90.3 per cent retail occupancy in the third quarter of 2026, while adjusted net operating income from its retail portfolio declined year over year amid higher vacancies and lower lease cancellation fees.

Crombie REIT reports higher funds from operations as occupancy reaches record level

Crombie REIT reported a 3 per cent increase in third-quarter funds from operations per unit, stronger rental rates and a planned $134-million acquisition of 13 Ontario retail properties.

Daily Synopsis: November 4, 2026

Some Canadians skipping meals amid grocery costs, Diwali finds wider audience, Amazon breaks ground on huge Nova Scotia warehouse, 3 bookstores opening in Vancouver, 2 Costco stores opening soon in Alberta, and other news.

Plaza Retail REIT reports higher earnings, occupancy and cash flow in third quarter

Plaza Retail REIT reported higher funds from operations, a 98.3 per cent committed occupancy rate and increased net operating income for the first nine months of 2026.

SmartCentres reports higher occupancy and retail leasing growth in third quarter

SmartCentres reported 98.2 per cent retail occupancy and higher rental income in the third quarter, while advancing new Walmart-anchored developments and expanding its self-storage portfolio.

Peloton Rebuilds Canadian Retail Presence Through Fitness Factory Partnership

Peloton is expanding its Canadian physical retail network from two to ten locations through The Fitness Factory. The partnership follows earlier showroom closures and accompanies three new treadmills as the company increases its focus on running.

KIT + ACE Expands Canadian Network to 18 Locations with Brentwood Store, Prepares U.S. Entry

KIT + ACE is expanding to 18 Canadian locations with a new store at The Amazing Brentwood in Burnaby. CEO David Lui also confirms the Vancouver-founded apparel retailer is working toward finalizing its first U.S. store under Unity Brands.

A Price Freeze That Doesn’t Freeze Canadian Grocery Bills

Sylvain Charlebois questions whether the grocery industry's annual supplier price blackout benefits Canadian shoppers. His analysis of historical monthly food-price changes highlights the distinction between frozen supplier negotiations and prices at the checkout.

Maple Leaf Foods sales surpass $1 billion in Q3

Maple Leaf Foods reports higher third-quarter sales and adjusted EBITDA but lowers its 2026 earnings outlook amid persistent food production inflation and pressure on consumers.

Canadian Tire invests $200 million in Mark’s store expansion, opens largest location in Thunder Bay (photos/video)

Canadian Tire plans to invest $200 million in Mark’s stores through 2028, expanding its new retail format to 40 locations across Canada.

Retail Insider “Q3 2026 Home Furnishings Report”: The Store Needs a Defined Job

Home-furnishings retailers are investing despite soft category sales. The Q3 report examines how digital demand, consultation and separate fulfilment models are changing the purpose and economics of physical stores.

Serruya Private Equity Appoints Jenny Frankel to Support Retail Strategy and Brand Growth and lead The Body Shop

Award-winning beauty entrepreneur and Nudestix founder brings 25+ years of brand-building expertise, ethical beauty credentials, and deep Canadian retail relationships to SPE's growing portfolio.

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