Canadian Retail News From Around The Web For August 20, 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.

Shutdowns at CN and CPKC will paralyze the economy: CFIB (Retail Insider)

How Couche-Tard Got Big Enough to Target 7-Eleven in Massive Takeover Bid (Retail Insider)

Cannabis Training Canada gets AGCO approval for cannabis retail training program (CCentral)

Gen Z Leads Digital Wallet Adoption in Canada: Interac Study (Retail Insider)

Canadian jewelry brand Mejuri to open new location at Square One in Mississauga (InSauga)

Parker: North Sea Fish & Farms carries on tradition of fine seafood at Crossroads Market (Calgary Herald)

Family-run seafood store and fish and chips shop closing Vancouver site, staying open in Victoria (Times Colonist)

Traditional English Pub Elephant & Castle Opens in historic Calgary location (Retail Insider)

Prototype Coffee Breaks the Mold with Second Vancouver Cafe (Daily Coffee News)

Robbery at Halifax Shopping Centre under investigation (CTV)

Curated Digest

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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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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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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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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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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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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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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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News Briefs (Bulletin/Quick Reads)

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

Mario Toneguzzi -
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.
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News

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

Mario Toneguzzi -
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.
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Curated Digest

Daily Synopsis: November 4, 2026

Retail Insider -
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.
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News Briefs (Bulletin/Quick Reads)

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

Mario Toneguzzi -
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.
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News Briefs (Bulletin/Quick Reads)

SmartCentres reports higher occupancy and retail leasing growth in third quarter

Mario Toneguzzi -
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.
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Peloton Rebuilds Canadian Retail Presence Through Fitness Factory Partnership

Craig Patterson -
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.
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News

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

Craig Patterson -
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.
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News

A Price Freeze That Doesn’t Freeze Canadian Grocery Bills

Sylvain Charlebois -
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.
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