“Ever New came out of The Bay when The Bay closed, and we’ve since signed a permanent deal with them,” said Schmidt, Vice-President of National Leasing. The brand is currently operating a pop-up in the former Joydrop location, with a permanent storefront scheduled to open in the west mall by Black Friday.
Darryl Schmidt
Other brands are also expanding their footprint in the centre Arc’teryx is expanding—they’re going to more than double in size. They’ve been very successful,” Schmidt said. “We’re relocating SoftMoc adjacent to them; same thing, they’ll almost double in size.”
Schmidt confirmed that Kiokii is opening soon and said Monza (restaurant) will open in the coming weeks after resolving earlier construction delays. “That’ll be great—adding more food and beverage to the site,” he said, noting that aligning food offerings with consumer trends has become a key focus for Cadillac Fairview’s portfolio.
Despite flat foot traffic, Schmidt said the centre has seen strong financial performance following the closure of The Bay. “We’ve been averaging about 10 per cent (growth in sales) here at Market Mall.”
He added that the shift is due to customers redirecting their spending. “There’s a void in the marketplace without The Bay. Customers are finding other specialty retailers to replace those lost sales,” he said.
Market Mall is currently achieving approximately $1,180 in sales per square foot, an all-time high in terms of sales productivity.
While several new leasing deals are in progress, Schmidt said they are not yet finalized. “I’ve got to wait until the ink is dry on some of the deals at Market Mall. We’re in a bit of a lull in terms of space availability and new store openings,” he said.
CF Market Mall. Photo: Mario Toneguzzi
Asked about future plans for The Bay’s former space, Schmidt said the company is awaiting a court ruling. “That’s one Ruby Liu had identified as one she wanted to take control of. So we’re waiting for the judge to render a decision,” he said.
October marks Fairtrade Month and Healthy Planet, Canada’s largest organic grocery retail chain and wellness e-commerce platform, has launched its largest Fairtrade campaign to date, focused on educating customers, spotlighting Fairtrade-certified brands, and encouraging conscious consumer choices.
In partnership with Fairtrade Canada, Healthy Planet says it is ensuring that all educational efforts are authentic and aligned with global Fairtrade standards, further strengthening its commitment to ethical retailing.
“Fairtrade is deeply ingrained in the DNA of Healthy Planet,” said Monica Walker, Head of Food and Grocery at Healthy Planet. “Supporting ethical sourcing, fair wages, and sustainable farming is not just a campaign for us; it’s a core part of our ethos. This Fairtrade Month, we want to empower our customers to make informed choices that positively impact communities and the planet.”
In-store, shoppers will see educational signage, shelf talkers, and audio announcements that explain the impact of Fairtrade, from fair wages to sustainable farming practices. Specially curated end caps feature a wide range of Fairtrade-certified brands, offering limited-time discounts on popular products, including Balzac’s Coffee, Organic India, Camino, Zazubean, Traditional Medicinals, Galerie Au Chocolate and more.
Ashish Khera
Ashish Khera, Head of Marketing at Healthy Planet, said Fairtrade has always been part of Healthy Planet’s ethos with its focus on fair wages, ethical sourcing, and sustainable farming embedded in how it operates.
“This year, we wanted to take that commitment further by launching our largest Fairtrade campaign yet, to help Canadians better understand the impact of their choices. In the current global context, where consumers are increasingly conscious about the social and environmental footprint of what they buy, this campaign allows us to use our national platform to educate and inspire meaningful change,” he said.
Khera said Healthy Planet curated a mix of trusted Fairtrade-certified brands that align with both its customers’ preferences and Fairtrade Canada’s certification standards.
“The selection includes everyday essentials like coffee, tea, and chocolate products, where Fairtrade practices make a measurable difference to producer communities. Brands such as Balzac’s Coffee, Organic India, Camino, Zazubean, Traditional Medicinals, and Galerie Au Chocolat were chosen not only for their certification but also for their long-standing commitment to ethical trade and sustainable sourcing,” he said.
Photo: Healthy Planet
Khera said Healthy Planet can measure the impact of its Fairtrade initiatives both for producers and for Canadian consumers in two ways:
Producer impact: It partners with Fairtrade Canada to ensure all featured products meet rigorous global standards for fair pay, safe working conditions, and sustainable farming;
Consumer impact: In Canada, its focus is on education and behaviour change. We monitor in-store participation through end-cap engagement, shelf talker interest, and Fairtrade product sales, alongside digital metrics such as campaign reach and consumer sentiment. This dual measurement helps it assess both awareness and tangible support for Fairtrade brands.
“Education is at the heart of this campaign. In-store signage, audio messages, and digital storytelling are designed to make Fairtrade’s impact clear and personal-from explaining how fair wages uplift communities to showing how sustainable farming protects ecosystems. Success is tracked through engagement metrics, Fairtrade product sales growth during the campaign period, and customer feedback from our digital and in-store touchpoints. These insights inform how we continue to evolve our advocacy for ethical retailing,” explained Khera.
“The key is integration, not addition. Ethical retailing doesn’t have to compete with commercial goals-it can enhance them. By incorporating Fairtrade-certified products into existing categories and educating consumers on their value, independent grocers can increase basket sizes and customer loyalty. We’ve seen that when shoppers understand the “why” behind a product, they’re willing to support it. Partnering with credible organizations like Fairtrade Canada and leveraging co-marketing opportunities helps ensure both profitability and purpose.”
Pet Valu Holdings Ltd. is enhancing its in-store experience with a redesigned layout that highlights its rapidly growing “culinary” category, a segment that includes frozen and raw pet food. The initiative, detailed in a new equity research report by Martin Landry of Stifel Nicolaus Canada Inc., underscores the retailer’s strategy to increase traffic, improve customer engagement, and strengthen its competitive position in Canada’s $8 billion pet food market.
By year-end 2025, Pet Valu plans to implement the new design in 120 corporate stores nationwide. The updated format places greater emphasis on visibility and convenience, particularly for frozen and freeze-dried pet food products — areas that have demonstrated strong growth and customer loyalty.
Culinary Pet Food: The Fastest-Growing Segment at Pet Valu
According to Stifel’s analysis, Pet Valu has consolidated several previously distinct categories, including frozen raw food, freeze-dried raw food, gently cooked food, frozen treats, and frozen snacks, into a single “culinary” umbrella. This approach creates more cohesive merchandising and helps communicate clearly with consumers who are increasingly looking for high-quality, minimally processed nutrition for their pets.
Martin Landry
The report notes that culinary products are a key traffic driver, generating more than twice the number of store visits and leading to annual spending levels more than double that of a traditional customer. This insight reinforces the strategic importance of the Pet Valu new store layout, which places these high-engagement products front and centre.
The category’s growth trajectory has been impressive. Over the past several years, sales in the culinary segment have expanded at a rate exceeding 20 percent annually, making it the fastest-growing component within Pet Valu’s consumables offering. Management estimates that the segment accounts for roughly five percent of the total Canadian pet food market, suggesting significant room for further expansion.
Design Features Enhance Visibility and Shopper Engagement
The redesigned Pet Valu new store layout emphasizes visibility and accessibility, especially for frozen foods. Each updated location now features up to six cooler doors, compared with the previous two to four, positioned prominently near the store entrance. The goal is to draw immediate attention to the culinary category while integrating complementary product groupings.
Freeze-dried raw foods are placed adjacent to the coolers, strategically positioned as an introductory step for pet owners transitioning from traditional kibble. Toys and accessories are displayed nearby to encourage impulse purchases that complement mealtime products. Additionally, a cooler dedicated to frozen treats is now located near the checkout counter, offering a final opportunity for add-on sales.
Enhanced signage and improved lighting have also been incorporated to create a more engaging and educational environment. The result is a layout designed to support exploration while emphasizing Pet Valu’s authority in pet nutrition. According to Stifel, the company’s investment in store design updates totals about $70,000 to $80,000 per location, representing a modest capital outlay within the broader context of its annual capital expenditure program.
Private Label Expansion: Performatrin Culinary Takes Centre Stage
A key element of the new merchandising strategy is the introduction of Performatrin Culinary, Pet Valu’s private label brand launched in spring 2024. The brand encompasses frozen raw and gently cooked meals, now occupying 30 to 40 percent of cooler space in stores that have adopted the new format. These products complement existing offerings from major suppliers, including Ontario-based Big Country Raw, which remains the leading brand in the frozen food category.
Pet Valu store, photo: Stifel
Performatrin Culinary reinforces Pet Valu’s positioning as both a retailer and a brand developer. By expanding its private label offerings, the company can enhance margins and control quality while differentiating itself from competitors. The inclusion of high-quality, proprietary frozen meals and gently cooked products further aligns Pet Valu with broader consumer trends toward natural, nutrient-dense pet food options.
Stifel’s report highlights examples from the product lineup: Performatrin Culinary raw meals retail at approximately $19.99 for a four-pound package, while gently cooked dinners are priced at $9.99 for 14 ounces. The Performatrin Ultra freeze-dried collection, meanwhile, sells for around $14.99 for a 3.5-ounce pack, positioning the brand firmly within the premium pet food segment.
Rising Demand for Raw and Minimally Processed Pet Foods
Consumer preference for raw and lightly processed pet food continues to rise, driven by perceptions of health benefits such as improved digestion, a shinier coat, better weight control, stronger teeth, and a more resilient immune system. While these claims are not universally supported by clinical data, they have resonated strongly with pet owners seeking to replicate human “wellness” trends in their pets’ diets.
Unlike some competitors, Pet Valu does not sell fresh raw products due to their limited shelf life — typically only one to two months. Instead, the company focuses on frozen and freeze-dried formats, which preserve nutritional integrity while offering greater convenience and safety. Freeze-dried products in particular have become popular among consumers looking for portability and ease of storage, even at higher price points compared to frozen alternatives.
The company’s culinary expansion capitalizes on this trend while differentiating itself from online competitors, many of which lack cold storage logistics infrastructure. Stifel’s analysts describe the frozen category as “resistant to online competition,” giving Pet Valu a structural advantage in maintaining in-store traffic and building loyalty through specialized offerings.
Training Associates to Support an Elevated Customer Experience
Recognizing that pet owners are arriving with more knowledge and higher expectations, Pet Valu has invested significantly in employee training as part of its culinary initiative. Associates are being trained to provide detailed guidance on the nutritional differences between frozen, freeze-dried, and gently cooked foods, as well as portioning and transition recommendations.
The enhanced training aims to ensure that staff can meet customer inquiries with confidence and accuracy. Stifel notes that this focus on expertise supports the company’s brand positioning as a trusted destination for premium pet care advice. It also builds on Pet Valu’s reputation for customer service—an attribute that has helped the retailer maintain strong loyalty despite increasing competition from online and big-box channels.
Pet Valu store, photo: Stifel
Financial Perspective: Strategic Investment with Long-Term Payoff
From an investor standpoint, Stifel maintains a Buy rating on Pet Valu shares with a C$40.00 target price, up from the current trading level of C$34.89 at the time of the report’s publication. Analysts Martin Landry and Jesse Kestenbaum project that revenue will grow from C$1.19 billion in FY2025 to C$1.25 billion in FY2026, while adjusted EBITDA is expected to rise from C$260.6 million to C$276.4 million over the same period.
The investment thesis highlights three primary points: First, same-store sales growth is improving after six quarters of declining traffic, driven in part by interest in the culinary offering. Second, the Canadian pet food sector remains one of the most stable segments in consumer retail, having recorded only a single annual decline in the past 30 years. Third, Pet Valu’s valuation, currently at 18.5 times forward earnings, remains in line with historical averages, suggesting potential upside as same-store sales accelerate.
The Stifel report concludes that Pet Valu’s capital investments—approximately $10 million to retrofit 120 stores—represent a measured and efficient strategy to enhance long-term profitability. The analysts describe the initiative as consistent with the company’s return-on-invested-capital (ROIC) hurdles, even with slightly lower product margins in the frozen category due to higher cold chain logistics costs.
A Category Built for Traffic and Loyalty
The appeal of the Pet Valu new store layout lies in its ability to attract and retain a specific type of customer: one who is willing to invest in premium nutrition for their pets and seeks ongoing expert advice. Stifel’s findings indicate that these customers not only visit stores more frequently but also spend more per visit, effectively boosting the lifetime value of each relationship.
By foregrounding frozen and raw foods, categories that are not easily replicated online, Pet Valu reinforces its relevance as a brick-and-mortar destination. The strategy aligns with broader retail trends, as specialty chains differentiate themselves through experience, education, and exclusive product offerings. The company’s focus on private label innovation and in-store expertise also positions it strongly within an increasingly competitive market that includes established Canadian retailers and digital entrants such as Chewy, which expanded into Canada in 2023.
Pet Valu’s Market Position and Outlook
Founded in 1976 and headquartered in Markham, Ontario, Pet Valu operates a network of more than 800 stores across Canada, including both corporate and franchised locations. The company’s focus on premium pet products and services, such as food, accessories, grooming, and self-serve dog wash stations, has established it as a leader in the Canadian specialty pet retail sector.
With over 1,800 employees nationwide, the company continues to invest in growth initiatives that emphasize innovation and customer engagement. The rollout of the Pet Valu new store layout represents the latest phase in its evolution, marrying operational efficiency with an elevated in-store experience.
While Stifel acknowledges potential risks, including currency fluctuations, franchise performance variability, and competitive pressure from new entrants, the overall outlook remains positive. Analysts describe Pet Valu’s industry segment as defensive, offering investors exposure to a resilient category that has proven durable across economic cycles.
Reinforcing Brand Leadership Through Innovation
Pet Valu’s strategy reflects a deliberate effort to balance innovation with operational discipline. The emphasis on culinary products, combined with enhanced store design and employee education, demonstrates a clear understanding of shifting consumer values in the pet care sector.
As Stifel’s report notes, the company “has found the right formula to elevate its frozen food offering.” The rollout of the new design across corporate stores marks a significant step in that direction, ensuring consistent execution while gathering insights for potential adoption by franchise partners.
For customers, the experience offers a space to learn about nutrition, discover new products, and build lasting relationships with knowledgeable staff. For investors, the changes represent a calculated move to drive traffic and sales in a sustainable way.
The Nestlé Headquarters in Vevey, Switzerland. Photo: RDR Architechtes
If you needed a wake-up call for the global food-manufacturing complex, these past few months delivered it with a roar. Dr Pepper Keurig is breaking apart. Kellogg is splitting again. Kraft-Heinz is unraveling. And now Nestlé has dropped a bombshell: a plan to cut 16,000 jobs globally — one of the largest layoffs ever seen in the consumer-goods space outside of bankruptcy. In Canada, Nestlé refuses to disclose how many jobs will go, despite employing over 3,500 people across several locations. These seismic moves reveal a deeper reality: even the most established food giants are no longer immune to economic stress, shifting consumer habits, and structural disruption. The era when size guaranteed resilience is over.
Statistics Canada’s latest figures confirm that food manufacturing in Canada is faltering. Over the past two years, unadjusted sales have dropped in most provinces — down 7 per cent in Ontario and 5 per cent in Quebec, where most of Canada’s food processing occurs. These aren’t minor fluctuations; they signal an industry losing momentum, even before accounting for inflation. Food manufacturing is bleeding quietly across the country.
What’s behind this collapse? Both structure and behaviour. Consumer demand is changing — and shrinking — in mature categories. The rise of GLP-1 weight-loss drugs is subtly rewriting the rules of appetite. Households with a GLP-1 user are buying less food, particularly calorie-dense, processed items. Ironically, these drugs emerged from an industry trying to solve the very health problem the food sector created and could never fix. For the first time, the pharmaceutical industry — not the food industry — is making people healthier.
Meanwhile, corporate credibility is collapsing under the weight of shrinkflation — the unapologetic practice of selling less product for the same or higher price. Led by the same large corporations now announcing layoffs, shrinkflation has alienated consumers and shattered trust. People notice when chocolate bars get smaller, chip bags emptier, and cereal boxes lighter. The sense of betrayal has only deepened the divide between companies and their customers.
Inflation and rising input costs add another layer of pressure. Even as retail prices climb, manufacturers struggle to preserve margins because much of the growth is nominal, not real. Energy, packaging, freight, and ingredient volatility continue to erode profitability, while consumers increasingly push back against further price hikes. Food manufacturing is also costly in Canada, weighed down by interprovincial trade barriers, a multi-layered bureaucracy, and a fiscal regime amplified by an industrial carbon tax. These structural inefficiencies make it harder to scale, innovate, and remain globally competitive.
Then there’s the scale problem. What once was an advantage has become a liability. Large, diversified corporations can’t pivot fast enough to meet the demand for authenticity, local sourcing, or transparency. Their product lines feel distant, their innovation pipelines sluggish, and their structures bloated. “Big is beautiful” no longer resonates with consumers who equate value not just with price, but with trust and meaning. The more they grew, the more disconnected they became from the very markets that sustained them.
For Canada, the implications are profound. Food and beverage processing remains the country’s largest manufacturing sector by output and one of its top employers, supporting more than 300,000 Canadians. If multinationals like Nestlé or Kraft-Heinz downsize here, the pain will not be confined to corporate offices. It will ripple through farming, packaging, logistics, and rural communities. Once a plant closes, it rarely comes back — weakening local economies, undermining food resilience, and reducing Canada’s capacity to add value to its own agricultural output.
Policymakers should see this as a warning. Canada needs to strengthen its mid-sized and regional food firms — the companies that still understand local markets and can innovate quickly. According to the Global Agri-Food Most Influential Nations Ranking 2025, prepared by Dalhousie University and MNP, Canada’s ability to scale up food manufacturers lags most G20 countries. That must change. Targeted investment, modernization incentives, and export facilitation can help them compete in an era where agility, not size, defines success. At the same time, Ottawa must watch consolidation and foreign acquisitions closely to prevent the loss of critical processing capacity to offshore control.
This week’s Nobel Prize in economics offered a timely metaphor. Three scholars were honoured for their work on innovation and market dynamics — including a Canadian who advanced the idea of creative destruction: that growth should never be taken for granted, and that renewal is the essence of progress. The food industry is learning that lesson the hard way. The giants that once filled the world’s supermarket shelves are discovering that reinvention, not scale, is the only true measure of resilience. The wave of corporate breakups is no accident; it’s a symptom of an industry forced to evolve. Canada can either embrace this disruption as a catalyst for renewal — or brace for more closures, layoffs, and lost trust.
Canadian consumers are approaching the 2025 holiday season with a cautious mindset, planning to cut back on spending and prioritize value, according to a new survey from PwC Canada.
The annual PwC Canadian holiday outlook highlights a shift in consumer behaviour driven by economic uncertainty, rising costs and a desire to make the most of both time and money during the holidays.
Elisa Swern
“This holiday season, Canadians are not just shopping; they’re strategizing,” said Elisa Swern, National Retail and Consumer Leader at PwC Canada. “Faced with persistent economic pressures, consumers are making tough choices, prioritizing family spending, while tightening belts elsewhere. This isn’t just about spending less; it’s about a fundamental shift towards conscious consumption, where every dollar must deliver tangible value and purpose.”
On average, Canadians plan to spend $1,675 on gifts, travel and entertainment this holiday season. That marks a 10 per cent decrease from last year, but a slight increase of two per cent over 2023 spending intentions.
The survey found that 81 per cent of respondents are considering cutbacks in the next six months, with reductions expected in spending on gifts for friends, pets and even themselves. However, spending on family remains a priority. Consumers are also showing a preference for debit cards over credit, suggesting an effort to manage spending more tightly.
Sébastien Doyon
“For retailers, this isn’t a time for business as usual,” said Sébastien Doyon, Partner, Consulting and Consumer Markets at PwC Canada. “The data clearly shows consumers craving authenticity – from Canadian-made products to genuine human interaction. Retailers who lean into these trends, offering transparent value, personalized experiences, and a clear brand story, will not only capture sales but have an opportunity to build lasting loyalty in a challenging market.”
Younger Canadians are expected to reduce their spending the most. Gen Z respondents anticipate cutting their holiday spending by 35 per cent, while millennials expect to spend 11 per cent less. These changes reflect the financial pressures on younger demographics, including early career instability and home ownership costs.
Regional differences also emerged. British Columbia consumers plan to spend the most at $1,821, followed by Ontario at $1,788. Quebec and Alberta consumers reported the lowest expected spending, both at $1,532.
The survey also identified several key trends for retailers. Nearly half (49 per cent) of Canadians said they would prefer to buy a Canadian-made product over an imported one of similar quality, even at a higher price. This sentiment was strongest among Baby Boomers, at 64 per cent. Meanwhile, cross-border shopping is down, with only 12 per cent planning in-person trips, compared to 20 per cent previously.
Despite the growth in online shopping, 56 per cent of Canadians say the ability to see and touch products remains important, and 64 per cent plan to shop in stores this holiday season. Gen Z and millennials are leading adoption of mobile payment and self-checkout options, with 44 per cent of Gen Z planning to use self-checkout, compared to 31 per cent overall.
When it comes to customer service, 73 per cent of respondents said they prefer speaking to a human agent. Only nine per cent ranked AI assistants or chatbots among their top three preferences.
DoorDash Canada has announced a new national initiative that unites its sponsorships of three major women’s sports leagues under a single platform, aiming to elevate the profile of women’s sports across the country.
“By uniting the WNBA, NSL, and PWHL, we’ve built an alliance that celebrates women’s sports at the most powerful level and together have created new opportunities for restaurants looking to reach more sports-fueled customers.”
The campaign includes a national marketing rollout across television, social media, stadiums and restaurants, aiming to grow fan engagement and broaden access to women’s sports events.
“Our collaboration with DoorDash on the BRING IT IN campaign highlights the WNBA’s commitment to advancing women’s sports and strengthening our connection with fans in Canada,” she said. “This collaboration reflects our shared dedication to empowering women, supporting local economies, and expanding the reach of our game.”
As part of the initiative, DoorDash is also introducing the BRING IT IN Roster, a network of small and medium-sized restaurants that commit to showcasing games from all three leagues on-site and offering game-day promotions to customers ordering from home.
Participating restaurants will have access to official campaign branding and league logos, allowing them to position themselves as local game-day destinations. Among those joining the campaign are PAI, Tha Phae Tavern, Kibo Sushi, Congee Queen, Happy Burger and Scotty Bons.
Amy Scheer
“A lot can happen when three ambitious women’s leagues join forces with a brand like DoorDash to create new ways to connect with fans and communities,” said Amy Scheer, executive vice-president of business operations at the PWHL. “At the PWHL, our priority is making sure fans can see the best women’s hockey players in the world — whether they’re in the arena or tuning in from across the country — and BRING IT IN delivers on that.”
The campaign arrives as women’s sports continue to see record growth in Canada. The NSL’s inaugural season drew nearly 250,000 fans nationwide. The WNBA held its first regular-season game in Canada earlier this year and is set to launch its first international franchise, the Toronto Tempo, in 2026. Meanwhile, the PWHL has surpassed one million in attendance, breaking several records, including a world-record crowd of more than 21,000 in Montreal.
Diana Matheson
“Women’s professional sport in Canada is growing because of partners that believe in its collective ability to unite everyone and commit to building with us,” said Diana Matheson, founder and chief growth officer at the NSL. “BRING IT IN captures what is most powerful about women’s sport – our collective belief that this industry is just getting started, and that it’s the vibrant, growing community that drives it forward.”
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 48 hours.
REITMANS' NEW CF CARREFOUR LAVAL SHOP PHOTO: REITMANS
Reitmans (Canada) Limited has announced the upcoming departure of Chief Operating Officer Jackie Tardif, marking the end of an era for one of the country’s most enduring fashion retail executives. After more than three decades of service, Tardif will officially leave the company on December 1, 2025, following the elimination of the COO role as part of a broader leadership restructuring.
The Montreal-based retailer, known for its Reitmans, Penningtons, and RW&CO. banners, said the move aligns with its evolving strategic direction as it approaches its centennial in 2026.
Jackie Tardif
“Throughout her distinguished career at RCL, Jackie played a pivotal role in driving the achievement of the Company’s key strategic objectives and initiatives. It is difficult to put into words the extent of her contributions to our success,” said Andrea Limbardi, President and Chief Executive Officer of Reitmans. “She shaped the direction of our brands with remarkable insight and skill, consistently demonstrating unwavering commitment, enthusiasm, and dedication to our collective mission.”
Limbardi, who joined Reitmans in 2023 as the first non-family CEO in the company’s history, emphasized Tardif’s leadership as foundational to the company’s transformation journey.
A Legacy of Leadership and Transformation
Reitmans COO Jackie Tardif leaves behind a legacy that spans more than 30 years of retail leadership, cultural transformation, and brand innovation. Joining the company in 1995, she rose through roles in merchandising and operations before taking on senior executive positions, including President of the Reitmans banner and, most recently, Chief Operating Officer.
During her tenure as President of the Reitmans brand, Tardif spearheaded initiatives that modernized the company’s identity and expanded its commitment to inclusivity. She guided a comprehensive brand repositioning, emphasizing customer experience, inclusive sizing, and a renewed store design aesthetic that resonated with contemporary Canadian shoppers.
As COO, appointed in early 2024, she oversaw merchandising, marketing, planning, and omnichannel operations. Her role bridged the company’s physical and digital strategies, advancing operational efficiency across all three banners.
“It has been both an honour and a privilege to dedicate more than thirty years of my career to RCL, helping to shape RCL’s strategic vision and its storied brands in achieving their ambitious goals and objectives,” said Tardif. “Throughout my tenure, I have had the pleasure of collaborating with an outstanding team of board members, executives, and employees whose invaluable support and insight have made my journey so rewarding.”
Tardif’s leadership style, characterized by collaboration and mentorship, helped nurture internal talent and reinforced Reitmans’ reputation as a company that values women in leadership.
Reitmans at CF Rideau Centre (Image: Reitmans)
Reitmans’ Path to Renewal
Founded in 1926 by Herman and Sarah Reitman, Reitmans (Canada) Limited has been a cornerstone of Canadian fashion retail for nearly a century. With headquarters in Montreal and approximately 6,800 employees nationwide, the company operates 390 stores across the country: 220 Reitmans, 86 Penningtons, and 84 RW&CO.
Following a major restructuring process under the Companies’ Creditors Arrangement Act in 2020, which saw the closure of its Addition Elle and Thyme Maternity brands, Reitmans successfully emerged from creditor protection in 2022. The company has since focused on operational resilience, brand reinvention, and profitability.Under the leadership of CEO Andrea Limbardi and Executive Chairman Stephen F. Reitman, the company continues to modernize its retail operations while reinforcing its position as a leading Canadian apparel retailer.
For fiscal 2025, Reitmans reported annual revenues of approximately $773.8 million, with net earnings of $12.1 million. Its growth strategy focuses on refining the customer experience, investing in e-commerce, and strengthening its digital integration.
Leadership & Operations - The Field Agent Canada team. Photo: Field Agent Canada
Field Agent Canada is celebrating its 14th anniversary as a trailblazer in the nation’s retail insights industry. Founded in 2011, the Calgary-based company has redefined how brands and retailers access real-time, in-store intelligence through its mobile crowdsourcing platform. Over the past 14 years, Field Agent Canada has paid out more than $13 million to its growing community of agents across the country, who provide photos, prices, and shopper feedback from stores nationwide.
“When I first heard about Field Agent I knew it would be the perfect fit for Canada, with its spread-out population and high cost of retail coverage,” said Jeff Doucette, General Manager of Field Agent Canada. “Over the past 14 years, my team and I have built a responsive national network of ‘eyes and ears’ that help our hundreds of clients from retail, CPG and foodservice get the insights they need to better manage their businesses. All at a lower cost than traditional methods and much faster as well.”
Jeff Doucette
Since its founding, Field Agent Canada has become a trusted partner to hundreds of brands and retailers, combining technology, scale, and human insight to help businesses make informed decisions in real time.
A Growing Community of Canadian “Agents”
At the heart of Field Agent Canada’s success is its expanding community of app users who conduct microtasks in stores and online. The Field Agent mobile app recently surpassed 320,000 users, forming one of the country’s largest crowdsourced retail networks. These users, or “agents,” complete tasks such as photographing product displays, checking prices, and conducting mystery shops.
Each completed task provides actionable data that helps brands evaluate their execution, measure compliance, and understand consumer sentiment. Agents typically earn between $2 and $20 per task, which can range from simple in-store photos to “buy and try” product evaluations. This unique structure has created both an income opportunity for Canadians and a reliable, on-demand workforce for retailers seeking fast, authentic feedback.
To date, Field Agent Canada has paid out over $13 million to its users, reflecting the continued demand for crowd-powered insights in the retail, CPG, and foodservice industries.
A growing community of Canadian “Agents: – A collage of selfies taken by some of Field Agent’s agents while out in stores completing tasks. Image: Field Agent Canada
Technology-Driven Insights with the Marketplace Platform
In 2025, Field Agent Canada introduced the Field Agent Marketplace, a major milestone in the company’s evolution. The Marketplace allows businesses of all sizes to access retail insights on-demand, eliminating the traditional barriers of cost, time, and complexity often associated with market research.
Through the platform, users can launch store audits, collect shopper opinions, or generate verified product reviews in a matter of minutes. The self-serve interface is designed for speed and accessibility, enabling even small or emerging brands to gain immediate visibility into how their products are performing at retail.
This advancement shows Field Agent Canada’s ongoing commitment to democratizing access to retail intelligence. Whether for a multinational manufacturer or an independent brand, the Marketplace offers a direct line to real-world shopper data and in-store visibility.
Field Agent Marketplace homepage. Image: Field Agent
Supporting Smarter Retail Decisions
Field Agent Canada’s services also include retail audits, execution checks, shopper research, and ratings and reviews programs that connect brands with genuine consumer experiences. Each component is powered by the company’s mobile technology, ensuring speed and accuracy while reducing costs compared to conventional market research methods.
These capabilities enable clients to verify planogram compliance, confirm promotional setups, and identify execution gaps across thousands of retail locations nationwide. By turning every smartphone into a data collection tool, Field Agent Canada empowers companies to see their stores through the eyes of actual shoppers.
The company’s data-driven approach also provides a competitive advantage for brands seeking agility in an era where retail conditions change rapidly. With Field Agent Canada’s insights, decision-makers can respond to real-time challenges, optimize product placement, and enhance customer experience strategies.
Leadership and Operations
Field Agent Canada operates under the leadership of Jeff Doucette, who has overseen the company’s expansion and adaptation to the evolving retail landscape. Supporting him are Brenda Gouin, Director of Strategic Partnerships, and Ralph Chiarot, Director of Business Development; along with the rest of the Field Agent Canada team. Together, the team has built a robust infrastructure for managing nationwide operations while maintaining a human touch in client relationships.
Based in Calgary, the company leverages the powerful mobile app and back end systems developed by Field Agent Inc., which first introduced mobile crowdsourced retail audits in 2010. While Field Agent is global in reach with operations in the US, UK, Australia, Mexico, Spain, Ecuador and South Africa; the Canadian operation has since become a leader in its own right, recognized for its localized expertise and its ability to deliver scalable, cost-effective insights tailored to Canadian market realities.
A Milestone Year for Field Agent Canada
The 14th anniversary marks a year of both reflection and forward momentum for Field Agent Canada. In addition to launching its self-serve Marketplace, the company continues to expand its services into new retail channels and digital touchpoints. Its platform now supports data collection from over 320,000 smartphones, providing valuable analytics that reveal store conditions, promotional execution, and emerging shopper trends.
For many brands, this level of visibility is increasingly vital as they navigate shifting consumer behaviours, inflationary pressures, and supply chain disruptions. Field Agent Canada’s role as a bridge between brands and consumers has positioned it as an indispensable resource for understanding the retail environment in real time.
The long-term small business confidence dropped 3.9 points to 46.3 in October. The 12-month optimism in most sectors and provinces also remains below the breakeven point of 50, said the national organization.
Measured on a scale between 0 and 100, an index below 50 means owners expecting their business’s performance to be weaker over the next three or 12 months outnumber those expecting stronger performance.
Andreea Bourgeois
“Although borrowing costs are easing for some Canadians, high cost of living and economic uncertainty continue to affect how they use their dollars. Small firms have been feeling the impacts of weak demand for their products and services for two years now,” said Andreea Bourgeois, CFIB director of economics.
“For a small business, the loss of even one customer can have a huge impact on the bottom line. As we head into the holiday shopping season, small businesses are hoping for stronger consumer demand to make up for another tough year. CFIB is also calling on the federal government to deliver meaningful cost relief in the November 4 federal budget.”
Inflation indicators are steady, with average price plans sitting unchanged at 2.7% for four consecutive months. Wage plans sat at 2.2% in October, explained the CFIB.
The labour market is slowing down even further, with 19% of small firms looking to lay off staff in the next few months, it added.
Laure-Anna Bomal
“Hiring remains weak, while layoffs stay above average. The softness that we’ve seen in the labour market since mid-2024 continues, and there are no signs of short-term improvement,” said Laure-Anna Bomal, CFIB’s economist.
The CFIB is Canada’s largest association of small and medium-sized businesses with 100,000 members across every industry and region.
