Canadian Retail News From Around The Web For September 16, 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.

Item from Dollarama ends up on Superstore shelf — with much lower price (Yahoo)

Lolë Brands acquires cycling apparel brand Louis Garneau Sports (Retail Insider)

Montreal’s new Royalmount luxury megamall and the resilience of Canadian retail (MSN)

TD Bank unveils E-commerce platform for small businesses (Retail Insider)

Calgary grocery store staff begin using body-worn cameras as security concerns increase (Calgary Herald)

Mississauga Walmart workers join Unifor (Retail Insider)

Montreal bars, restaurants react to Quebec bill to regulate merchant tipping requests (The Star)

Canadian Tire pitching redevelopment of its downtown Hamilton store (Hamilton Spectator)

Some B.C. residents spend 40 per cent of income on food: report (CBC)

ARC Liquor store employees in Kelowna officially take strike action (Global)

London convenience store owners mark first week of alcohol sales under new provincial rules (CBC)

Giant Tiger Expands Footprint with Camrose Store (Retail Insider)

Curated Digest

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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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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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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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Maple Leaf Foods sales surpass $1 billion in Q3

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

Mario Toneguzzi -
Canadian Tire plans to invest $200 million in Mark’s stores through 2028, expanding its new retail format to 40 locations across Canada.
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Serruya Private Equity Appoints Jenny Frankel to Support Retail Strategy and Brand Growth and lead The Body Shop

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

Lee Rivett -
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.
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News

Cinema Cellar Reopens Permanent Toronto Store as Demand for Physical Movies Grows

Mario Toneguzzi -
Cinema Cellar has reopened its permanent Toronto store in the Entertainment District, tapping into renewed interest in physical media, collectible films and Blu-ray releases.
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Yoé Eyes Canadian Prestige Retail Expansion as Luxury Biotech Skincare Brand Grows in U.S.

Mario Toneguzzi -
Yoé, founded by Hazel Guo, is pursuing Canadian prestige retail partnerships as the luxury biotech skincare brand expands its U.S. presence and launches Ympossible Serum.
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News

Nearly half of young Canadians fear credit scores could hinder major financial milestones: Equifax

Mario Toneguzzi -
An Equifax survey finds 49 per cent of Canadians aged 18 to 34 worry their financial health or credit score could affect major financial decisions, including renting and buying a home.
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Google expands AI-powered shopping and direct checkout to Canadian consumers

Mario Toneguzzi -
Google is bringing AI-powered shopping and direct checkout to Canada through partnerships with lululemon, Shopify, Shoppers Drug Mart and Simons, with broader retailer access planned for 2027.
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Curated Digest

Daily Synopsis: November 3, 2026

Retail Insider -
Foodtastic Proposes to Acquire MTY Food Group for $43 Per Share in near, Sunterra shutting down another location in Alberta, Toys“R”Us Canada to Make Comeback Through Nearly 300 Staples Stores, NatureWell launches in Canada at Shoppers Drug Mart, Expanding to 1,000, and other retail news.
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Foodtastic Proposes to Acquire MTY Food Group for $43 Per Share in near $1-billion deal

Mario Toneguzzi -
“We believe MTY owns many wonderful brands and has many terrific franchisee partners. However, over the past decade, MTY became undisciplined in its operations and acquisitions."- Foodtastic
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Shopify experiences 32% revenue growth in Q3

Mario Toneguzzi -
Shopify expects revenue to grow at a low-30s percentage rate in the fourth quarter on a year-over-year basis.
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Sunterra shutting down another location in Alberta

Mario Toneguzzi -
Sunterra is shutting down its Calgary store in the Britannia neighbourhood which it has operated there for more than 30 years.
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Toys“R”Us Canada to Make Comeback Through Nearly 300 Staples Stores

Craig Patterson -
Toys“R”Us Canada is returning through a national partnership with Staples Canada, with shop-in-shops planned for close to 300 stores through 2027. The first location opens November 14 in Richmond Hill, introducing Toys“R”Us alongside the new Parties“R”Us concept.
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