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Canadian Retail News From Around The Web For February 4, 2026

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.

Import costs driving Canada food inflation, BOC research says (Financial Post)

Costco’s beloved rotisserie chicken gets roasted in lawsuit over preservatives (CBC)

CBRE sees commercial real estate investment rising to $56B this year (Western Investor)

Canada Computers cyberattack exposes customer data, including credit card details (SC Media)

Club Monaco store in Toronto shut down due to alleged $134K in unpaid rent (BlogTO)

City council OKs changes to Century Park project to allow retail street parking (CTV Edmonton)

Fresh and healthy food can be difficult for some Montrealers to access, new Concordia study shows (Concordia University)

Peel Regional Police arrest 95 in retail crime crackdown at major malls (88.9FM)

Curated Digest

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SSENSE lays off more than 200, Joe Fresh 1st apparel retailer on DoorDash, Save-on-Foods opening in new Langley retail project, Brampton charging retailers $100 for every abandoned shopping cart in city, and other news.
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Kits Eyecare reports Q4 and 2025 financial results with record annual revenue

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Gross profit increased by 34.4% to $72.1 million or 35.6% of revenue, , compared to $53.7million, or 33.7% of revenue; an expansion of 190 basis points.
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Eau Claire Distillery Unveils Flagship Single Malt as Inventory Growth Fuels Expansion

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The Pedro Ximénez-finished single malt, made with 100 per cent Alberta malted barley, marks a milestone for the distillery, which says it now has sufficient aged inventory to support larger, sustained releases after more than a decade in operation.
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Teen Founder Builds Chic & Charmed Jewellery Brand

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Chanelle Chalazan, 16, started Chic & Charmed at 13 and is scaling the Canadian jewellery brand nationally through trade shows and pricing discipline.
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Tariff uncertainty and affordability pressures causing Canadians to put brakes on car ownership: Turo

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Three in four Canadians (75%) are concerned tariffs will push vehicle prices higher in 2026.
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Quebec’s New Weekend Store Hours Win Support and Criticism

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Quebec allows stores to stay open until 9 PM on weekends under a new pilot, drawing support from some retailers and criticism from others.
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One year into the trade war, half of Canadian small businesses no longer feel the U.S. is a reliable trading partner: CFIB

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Three-quarters (75%) of small businesses say the tariff fight has strained their relationships with U.S. partners or clients, up sharply from 49% in March 2025.
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Iran Tensions Could Push Canadian Grocery Prices Higher

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Rising tensions with Iran and risks to the Strait of Hormuz could push energy costs higher, adding pressure to Canadian grocery prices.
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Sephora Expands Footprint in Canada’s Beauty War

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Sephora prepares to open its 144th Canadian store as competition intensifies in Canada’s evolving beauty market following Hudson’s Bay’s exit.
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Pet Valu Shares Drop as Growth Outlook Softens

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Pet Valu shares fell after a muted 2026 growth outlook, as analysts cite promotional pressure and slower same-store sales in Canada’s pet retail sector.
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Mastercard Small Business Fund opens for 2026 applicants

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According to Statistics Canada, women-owned businesses represent almost one-fifth of private sector businesses in Canada.
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Canadian small business sales growth drops to pandemic-era levels: Xero

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Canadian small business sales growth dropped 4.1% year-over-year (y/y), the largest quarterly decline in sales since the September quarter 2020, falling well below the long-term series average of 4.5% y/y. 
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Into the Kitchen Brings Toronto’s Top Kitchens to Guests

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Into the Kitchen puts guests beside top Toronto chefs for a three-hour kitchen immersion, with optional chef’s menu and wine pairing.
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