Canadian Retail News From Around The Web For December 3, 2025

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The Magnum Ice Cream Company Launches Yasso Frozen Greek Yogurt Brand in Canada

The Magnum Ice Cream Company brings Yasso frozen Greek yogurt to Canada, launching four products exclusively at Loblaw ahead of a nationwide expansion in 2027.

Canadian employment holds steady in October as wholesale and retail trade shed 29,000 jobs: Statistics Canada

Statistics Canada reports a 1 per cent monthly decline in wholesale and retail trade employment in October, while the national unemployment rate edged up to 6.7 per cent.

CFIB Criticizes Federal Budget 2026 for Failing to Deliver Tax Relief and Tariff Support for Small Businesses

CFIB calls Budget 2026 a disappointment for small businesses, while Restaurants Canada highlights investment incentives, tax simplification and affordability measures that could benefit the restaurant industry.

Cineplex reports record $440.2M quarterly revenue as adjusted EBITDA more than doubles

Cineplex posted record third-quarter revenue and box office sales in 2026, while reporting stronger cash flow and launching a strategic review that includes a potential sale of the company.

Sephora to Reach 150 Canadian Stores as Prestige Beauty Competition Intensifies

Sephora will open its 150th Canadian store in Oakville on November 13 as it expands into neighbourhood retail, adds luxury skincare brands and faces growing competition from Shoppers Drug Mart.

Canada Goose Faces Deeper Comparable Sales Declines as Winter Shoppers Delay Purchases

Canada Goose reported a 7.5% decline in comparable sales during its second fiscal quarter, with weakness continuing into October as warmer weather delayed winter apparel purchases. Canadian sales held steady while gross margins improved.

Daily Synopsis: November 5, 2026

Crombie acquires 13 Ontario retail properties, FreshCo opens first Vancouver store, SportChek closes second Vancouver store, Flying Tiger opening more Ontario stores, Victoria's Market Square comes to market, and other news.

Leon’s Furniture reports higher third-quarter profit despite lower sales

Leon’s Furniture reported a 1.2 per cent increase in third-quarter net income as revenue declined 0.9 per cent, with inventory delays weighing on furniture sales and a property sale boosting earnings.

Kits Eyecare reports record third-quarter revenue as glasses sales climb 59%

Vancouver-based Kits Eyecare posted record third-quarter revenue of $63.7 million, supported by higher glasses sales, repeat customer growth and increased operating cash flow.

Apple’s AI Strategy Is Reshaping Its Hardware and Services Economics

Apple generated US$478.8 billion in fiscal 2026 revenue as rising memory prices and AI computing costs put pressure on margins. Its strategy includes paid AI services, enterprise applications and new advertising opportunities for Canadian retailers.

Primaris Expands Méga Parc with $1 Million Atlas Mini-Golf Attraction

Primaris REIT is opening the nearly $1-million Atlas Mini-Golf attraction at Méga Parc in Quebec City. New interviews reveal the landlord's entertainment strategy, projected operating revenue, growing events business and plans for further investment in 2028.

Samsung Canada Takes Smartphone Rivalry to the Streets with Three-City Billboard Campaign

Samsung Canada deployed mobile digital billboards in Toronto, Vancouver and Montreal as part of a rapid-response campaign promoting its Galaxy Z Fold8. Samsung executive Christian Di Vincenzo explains the retail strategy, Edelman's role and the company's reported results.

Casavogue Highlights Canadian-Made Bermex Dining Furniture

Casavogue in Montréal showcases Canadian-made Bermex dining furniture, including the Expression and Clara tables and Rocko and Luca chairs. The Québec manufacturer offers customizable wood finishes and upholstery, with showroom consultants helping customers plan coordinated dining spaces.

The Kitchen to open 9,000-square-foot dining destination at Toronto’s Mirvish Village in 2027

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.

Retail Insider “Q3 2026 Real Estate & Leasing Report”: Signed Space Must Become Paying Space

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.

RioCan Retail Occupancy Hits Record 98.9% as Leasing Demand Drives Rental Growth: Executive interview

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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