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Canadian Retail News From Around The Web For August 29, 2024

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Apple Reports Record Revenue for Second Quarter of 2026

Apple Inc. has announced impressive financial results for its fiscal second quarter of 2026, reporting a record revenue of $111.2 billion.

From The Desk: Navigating Retail’s Transformation Amid Legacy Resets and Experiential Growth

Canadian retail reshapes with Hudson’s Bay closures, experiential expansions, and evolving consumer trends emphasizing sustainability, technology and affordability.

Hudson’s Bay Stripes Return in Canadian Tire Stores

Hudson’s Bay Stripes return in Canadian Tire stores nationwide as the historic brand relaunches through a new lifestyle-focused collection.

DAVIDsTEA Returns to Profitability as Retail Strategy Gains Traction

DAVIDsTEA Returns to Profitability as Retail Strategy Gains Traction Canadian specialty retailer DAVIDsTEA has returned to profitability, marking a significant milestone in its multi-year transformation...

FreshCo Targets Underserved Markets with Winnipeg Opening

FreshCo will open in Winnipeg in Fall 2026, reviving a long-vacant grocery site and reflecting a broader shift in discount retail expansion across Canada.

IKEA to Open Plan and Order Point in Gatineau on May 11

IKEA Canada operates 12 Plan and order point locations in Quebec, Ontario, and British Columbia.

Happy Belly Food Group Reports $63.1M in 2025 Sales

The increase is attributed to organic baseline restaurant growth, alongside increased restaurant count, which reached 77 operating restaurants in 2025 versus 43 in the prior fiscal year, representing a 79% increase in operating restaurant count.

Square One Anchors Mississauga’s Downtown Transformation

Square One evolves into the centre of Mississauga’s new downtown, with strong retail sales and rapid mixed-use growth.

Three Ships challenges ‘natural’ and ‘clean’ beauty claims in Toronto campaign

The biggest issue is that there is no standardized definition across the industry at all. 

Gen Z drives rapid food trends as brands turn to AI: Tastewise

Largely fueled by TikTok and Instagram Reels, Gen Z’s tastes shift faster than brands can respond.

MINISO Hello Kitty Pop-Up Draws Crowds at STC

MINISO’s Hello Kitty pop-up at Scarborough Town Centre draws major crowds, highlighting demand for IP-driven retail in Canada.

Canadian Retail Sales Show Uneven Growth as Wellness Spending Surges

Canadian retail sales rose 4.0% in February, driven by health and wellness, while electronics and alcohol categories declined.

Daily Synopsis: Apr 30, 2026

Aritzia expands, Gildan reports Q1, Spin Master braces for rising costs from war, crypto ATM ban discussions, Ikea opening Gatineau Plan and Order point, Regina retail crime increases, and other news.

Casavogue Expands Offering with Furniture Warehouse in Saint-Léonard

Casavogue opens a warehouse in Saint-Léonard with up to 65% off living room, bedroom, and dining room furniture.

One Year After Hudson’s Bay’s Collapse, Retail Reshaped

A year after Hudson’s Bay collapsed, Canadian retail continues to evolve as landlords, brands, and spaces adapt to its absence.

Jobs declining in the retail sector: Statistics Canada

On a year-over-year basis, payroll employment in retail trade was down by 26,400 (-1.3%) in February 2026.
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