Canadian Retail News From Around The Web For September 5, 2024

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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.

Would commercial rent control protect small businesses in Canada? (CBC)

Costco raises membership fees in Canada and US, implements stricter access controls (Retail Insider)

KITS Eyecare Boosts Q3 Revenue Outlook (Retail Insider)

More than 300 Toronto corner stores can sell alcohol as of Thursday (CBC)

Niagara convenience store owners see industry ‘rebirth’ through alcohol sales (Niagara This Week)

Walmart Canada Faces Union Push at Mississauga Warehouse (Retail Insider)

Data Points: Retail sales steady as B.C.’s inflation rate beats national average (BIV)

Vancouver collectibles and retro video game store closes after five months, moves to Japan (VIA)

Nova Scotia has highest shoplifting rates in country, according Statistics Canada (CTV)

Montrealer designer Suhaila Niazi showcasing her designs at Semaine de le Mode de Montreal (CityNews)

New Orchards Co-op Food Store opens with a focus on local vendors (Edmonton Sun)

Interest in downtown retail spaces rising, but ‘trouble spots’ remain, brokers say (Ottawa Business Journal)

Curated Digest

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Morguard Advances Mall Redevelopments as Retail Leasing Strength Continues Across Canada

Craig Patterson -
Morguard REIT is redeveloping former Sears and Hudson's Bay spaces with retailers including Uniqlo, Sport Chek, No Frills and Splitsville as retail occupancy and leasing momentum improve across its Canadian shopping centre portfolio.
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News

Pet Valu Sees Room for 1,200+ Stores Across Canada

Lee Rivett -
Pet Valu sees room for more than 1,200 stores across Canada as it expands in Alberta, Quebec and underserved rural markets.
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Pajar Acquires GGB as North American Expansion Accelerates

Craig Patterson -
Pajar Canada acquires GGB, taking over U.S. distribution of Melissa and Mini Melissa as its North American footwear business expands.
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News

Canadian Tire Corporation reports Q2 2026 results, strong SportChek performance due to World-Cup related demand

Mario Toneguzzi -
Overall retail sales grew to $5,391.6 million, up 4.5%, compared to the second quarter of 2025.
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Columbia Sportswear Navigates Softer Canadian Wholesale Sales

Lee Rivett -
Columbia Sportswear reported lower Canadian sales in the second quarter as wholesale orders softened and shipment timing affected results, while the company continues investing in footwear, digital channels and a broader brand repositioning strategy.
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Retailer News

Breakdown of US/Canada trade agreement could cost 102,000 Canadian jobs: CABC report

Mario Toneguzzi -
The report estimates that a successful renegotiation would result in an additional 137,000 American jobs and 98,000 Canadian jobs in 2027 compared with the status quo.
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News

KEO Capital launches Canadian operations with up to $50M credit facility

Mario Toneguzzi -
The company said that its Canadian operations will be conducted through Workeo Canada, extending a platform that allows businesses to access working capital, pay suppliers, anticipate receivables and manage payments through a single digital system.
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News

Happy Belly Food Group opens Rosie’s Burger location in Toronto’s Financial District at First Canadian Place

Mario Toneguzzi -
Happy Belly Food Group Inc., a leading consolidator of emerging restaurant brands, has opened its newest Rosie's Burgers restaurant in downtown Toronto's First Canadian...
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News

New 50% U.S. tariff on CUSMA-compliant goods to hit Canadian small exporters hard: CFIB

Mario Toneguzzi -
More than one in three (35%) expect revenues to fall by at least 50%.
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News

Gay Lea Foods to invest more than $200 million in Toronto dairy facility

Mario Toneguzzi -
The expansion is the first major milestone in the dairy co-operative's approximately $450-million Network for Growth strategy, a multi-year plan to invest in and modernize its Canadian manufacturing network.
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Curated Digest

Daily Synopsis: August 12, 2026

Retail Insider -
Metro strike enters 5th month, second-hand retail goes mainstream, malls have long-term growth prospect says TD report, Broadway businesses struggle with Skytrain construction, Oakridge Park Safeway opens Aug 27, and other news.
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News

Shake Shack Canada opening first drive-thru in Calgary

Mario Toneguzzi -
Shake Shack Canada will open its Macleod Trail drive-thru location in Calgary on August 27.
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Kit and Ace Reaches 17 Stores as Canadian Expansion Continues

Craig Patterson -
Kit and Ace has opened its 17th Canadian store at Hillcrest Mall as the retailer expands its store network and moves into new product categories.
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News

METRO sees sales in Q3 climb to nearly $6.9 billion

Mario Toneguzzi -
Net earnings of $211.3 million, down 34.6% and adjusted net earnings of $262.6 million, down 20.9%.
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News

CT REIT Sees Tight Retail Property Market as Rents Rise

Lee Rivett -
CT REIT reports 99.5% occupancy and double-digit rent increases as tight Canadian retail real estate conditions drive competition for properties.
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News

The Home Depot announces interim management plans while CEO takes temporary medical leave

Mario Toneguzzi -
At the end of the first quarter, the company operated a total of 2,361 retail stores and over 1,280 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.
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