Canadian Retail News From Around The Web For October 24, 2024

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Shopify experiences 32% revenue growth in Q3

Shopify expects revenue to grow at a low-30s percentage rate in the fourth quarter on a year-over-year basis.

Sunterra shutting down another location in Alberta

Sunterra is shutting down its Calgary store in the Britannia neighbourhood which it has operated there for more than 30 years.

Toys“R”Us Canada to Make Comeback Through Nearly 300 Staples Stores

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.

How AI-Powered Shopping Recommendations Are Changing Holiday Retail and Brand Loyalty: Amperity

Amperity Co-CEO Derek Slager explains how retailers can turn AI-driven product discovery into repeat purchases through customer data, personalization and stronger brand relationships.

Retail Insider “Q3 2026 Health & Beauty Report”: Growth Depends on the Return Visit

Pharmacy services, beauty distribution and wellness formats are expanding in Canada. The Q3 report examines why repeat purchasing, service use and credible value matter beyond the initial launch.

Small businesses risk losing holiday shoppers by failing to plan for repeat business: Constant Contact

Constant Contact research finds 75 per cent of consumers plan to try a new small business this holiday season, but most owners lack strategies to retain those customers.

Alberta Small Businesses Face Rising Costs as 40% Report Weaker Performance: Merchant Growth

Merchant Growth's 2026 report finds Alberta small businesses struggling with inflation, trade-related costs and cash flow, with 14% planning to close.

NatureWell Launches in Canada at Shoppers Drug Mart, Expanding to 1,000 Stores Nationwide

U.S. beauty brand NatureWell enters Canada through an exclusive Shoppers Drug Mart partnership, bringing fragrance, body, hair and lip care products to 1,000 locations.

Advent Calendar Demand Surges 63% as Independent Retailers Expand Holiday Offerings: Faire

Faire data shows Advent calendar wholesale orders up 63% year over year, with toy, squishy, Halloween, tea and snack calendars driving demand among independent retailers.

Cadillac Fairview Sells Stakes in Two Major Malls to KingSett Amid Portfolio Shift

Cadillac Fairview has sold 50% interests in CF Markville and CF Fairview Pointe Claire to KingSett Capital, expanding a three-mall partnership as the company diversifies its real estate portfolio. The transactions come amid documented financial pressures, Hudson's Bay redevelopment requirements and KingSett's proposed acquisition of First Capital REIT assets.

Retailers expand physical security strategies beyond loss prevention: Genetec

A Genetec report finds retailers are using physical security data to improve operational efficiency, employee safety and customer experiences while modernizing aging systems.

More than half of self-employed Canadians used credit to cover everyday expenses: Money Mentors

A Money Mentors survey finds 53 per cent of Canadians earning self-employment income relied on credit for everyday expenses, highlighting financial pressures from unpredictable earnings.

Daily Synopsis: November 2, 2026

Birks names CEO, retail cyber attack concerns following European freezer hack, Western Canada's largest Christmas store returns, 7-Eleven looks to bring liquor to Sask stores, and other news.

Imaginaire and WINNERS Join Splitsville in CF Sherway Gardens Nordstrom Redevelopment

Cadillac Fairview has announced Imaginaire and WINNERS for the former Nordstrom at CF Sherway Gardens in Toronto. Together with Splitsville Bowl, the three tenants will occupy approximately 100,000 square feet of the former department store, with openings targeted for fall 2027.

RioCan raises 2026 earnings outlook as retail occupancy reaches record 98.9%

RioCan reports 5.1% growth in third-quarter Core FFO per unit, record retail occupancy and higher leasing rents as it updates its 2026 financial outlook.

First Capital REIT reports higher third-quarter earnings as rental rates rise

First Capital REIT reported 9.2 per cent growth in operating FFO per unit in the third quarter, supported by higher rental income and lease renewals, while portfolio occupancy edged lower.

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