Daily Synopsis: May 12, 2026

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Welcome to the Daily Synopsis by Retail Insider. We hope you enjoy the 10 articles we published today covering key developments in Canadian retail.

Foodtastic secured exclusive master franchising rights for Dunkin’ to open hundreds of locations across Canada starting in late 2026 or early 2027. Primaris REIT expanded its portfolio of enclosed malls through over $1.5 billion in acquisitions since 2021, becoming the largest enclosed mall owner in Canada. The charcuterie franchise Graze Craze entered the Canadian market with its first Ontario location using a small-footprint operational model suited to current trends.

 

Pet Valu reported increased Q1 2026 sales to $375.2 million and plans approximately 40 new store openings this year. Consumer insolvencies surged to the highest level since 2019 in the first quarter, reflecting ongoing financial strain. Cineplex achieved its highest Q1 revenue since 2019 driven by strong box office and concession sales, while Scarborough Town Centre recorded over $1,000 per square foot in sales through community-focused strategies. AutoCanada appointed Mike Woodward as chief financial officer to lead its Canadian operations and strategic transitions.

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