Canadian Retail News From Around The Web For December 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 several days.

Court approves The Body Shop Canada sale, over 600 jobs to lose as some stores close (Financial Post)

Loblaw’s Superstore reimagines the shopping journey with store redesign launch (Grocery Business)

The Canadian retailer that may become the next Costco or Walmart [Dollarama] (Livewire)

FreshCo opens first small format store, Empire says plans to expand store network overall (Grocery Business)

Will ‘tax holiday’ spur more Canadians to spend? Why some stores doubt it (Global)

Butter, cheese are hot commodities on black market (Global)

Canadian shopper claims Loblaw store is ripping people off on donation bags (BlogTO)

Canadian Retailer Haven Taps Levi’s for Premium Denim (Sourcing Journal)

Holiday tax break is a ‘pain in the butt’ for some Ontario retailers (CP24)

Farm Boy expands into household cleaning products with new and largest Toronto store (Grocery Business)

Improvements needed to plan for Place Versailles redevelopment, OCPM says (Montreal Gazette)

In an era of big box and online sales, Town of Carlyle shows how small biz can thrive (CBC)

Toronto influencer Allegra Shaw’s ‘it’ brand is making Ossington even cooler (Streets of Toronto)

Critics fear zoning change will bring bars, pot shops into neighbourhoods (Toronto Sun)

Patkau Architects branches into selling high-end furniture (Glacier Media)

Curated Digest

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METRO to Convert 10 Ontario Stores to Food Basics

Craig Patterson -
METRO will convert 10 Ontario Metro stores to Food Basics as value-focused consumers drive stronger demand for discount grocery.
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IKEA Canada to launch limited-edition KONSTRUNDA art collection

Mario Toneguzzi -
The KONSTRUNDA collection brings together glass objects, ceramics, furniture and textiles, with IKEA positioning the range as an effort to make art more accessible through everyday home furnishings.
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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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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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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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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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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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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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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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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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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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