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Canadian confectionary Chocolats Favoris opens 1st Vancouver location in Gastown (Photos)

By
Mario Toneguzzi
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Source: Chocolats Favoris
Source: Chocolats Favoris

 Chocolats Favoris, an artisanal chocolate shop and creamery, has brought its one-of-a-kind chocolate experience to Vancouver with the grand opening of its 59th location at 14 Water Street in the heart of Gastown.

This marks the Canadian brand’s second location in British Columbia and Western Canada, furthering its mission to share its extraordinary chocolate creations with more Canadians, it said in a news release.

“From the moment we first experienced Chocolats Favoris, we knew we wanted to bring it to the West Coast. After years of persistence—starting with Victoria and now expanding to Vancouver—we’re excited to see that vision come to life in Gastown,” said Patrick Robert, co-owner of Chocolats Favoris’ Victoria and Vancouver locations.

“For us, Chocolats Favoris isn’t just about chocolate—it’s about creating memorable moments for everyone who walks through our doors, and we can’t wait to introduce more Canadians to what makes both our products and the store itself so special.”

Chocolats Favoris said the new Gastown location will feature the brand’s signature real chocolate dipping station, where soft serve ice cream is liberally coated in one of 12 premium flavours, including classic milk, dark, and white chocolate as well as indulgent options such as Dulce de Leche, Salted Caramel, Cotton Candy, and Cookies and Cream.Chocolats Favoris takes it up a notch with their Kooky Cones loaded with toppings as well as their rotating surprise flavours. Guests can also enjoy Chocolats Favoris’ famous take-home chocolate fondues (in microwave and stove-top sizes) and an extensive selection of fine chocolates and bars in a whimsical, inviting setting.

The new location is the passion project of business and life partners Patrick Robert and Paul Codilla, who became franchisees of the Victoria location in June 2023. They quickly turned it into the company’s best-performing store, earning the 2025 Consumer Choice Award in the category of Chocolate Shop for the Victoria region. Patrick’s love for Chocolats Favoris began in Ottawa, where his parents introduced him to the brand. Years later, while visiting Montreal, his mother made a dramatic highway U-turn to ensure Paul could experience it for the first time too. Both Patrick and Paul’s “love at first bite” sparked a dream that led them to relocate to take over the Victoria location as franchisees. After years of dedication and hands-on involvement, the duo is now bringing their passion to Vancouver, explained the company.

Dominique Brown
Dominique Brown

“We knew Gastown would be a neighbourhood that perfectly complements the Chocolats Favoris experience,” said Dominique Brown, President and CEO of Chocolats Favoris. “Chocolats Favoris is more than just a chocolate shop—it’s an immersive destination for families, friends, and chocolate lovers alike to come together, indulge, and make lasting memories. We can’t wait to welcome Vancouverites to this location!”

Chocolats Favoris said it is dedicated to responsible chocolate production through its Sustainable Cocoa Mission, ensuring that all cocoa is ethically sourced to support fair wages, environmental sustainability, and community development in cocoa-growing regions. The brand also prioritizes inclusivity by offering a wide variety of vegan-friendly products including soft serve, chocolate dips, drinks and more. In addition, they maintain strict cross-contamination protocols for customers with celiac disease, nut allergies, and other dietary restrictions.

Source: Chocolats Favoris
Source: Chocolats Favoris

The company said the 1,250-square-foot Gastown store represents a major investment in the local economy, creating 30 new jobs and adding to the neighbourhood’s vibrant culture. Looking ahead, it also plans to open additional B.C. locations later this year.

The company was founded in Lévis, Québec, in 1979.

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Source: Chocolats Favoris
Source: Chocolats Favoris
Source: Chocolats Favoris
Source: Chocolats Favoris

Knix Reimagines Queen Street Flagship as Expansion Accelerates

By
Craig Patterson
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Knix at 294 Queen St. W. in Toronto. Photo: Craig Patterson

Toronto-based Knix, known for revolutionizing intimate apparel with leakproof underwear and wire-free bras, has redesigned its Queen Street West flagship to better reflect the brand’s evolution. Originally one of the company’s first brick-and-mortar stores, the location now serves as a street-level flagship—what the company calls a “neighbourhood anchor”—blending immersive retail design with customer empowerment.

“We took a lot of learnings from our Yorkdale location and brought them into this space,” said Nicole Tapscott, Chief Commercial Officer at Knix, during a detailed in-store interview. “It was one of our first stores and still one of our favourites, so it felt right to refinish and reimagine it in a more meaningful way.”

Nicole Tapscott

Previously functioning like a showroom, the original design required customers to interact with staff to retrieve products. The new layout emphasizes accessibility and autonomy: nearly the entire assortment is now available on the floor. “Now the product is right at your fingertips,” Tapscott explained. “It’s much more self-shopping friendly, which customers love.”

Studio Collection and Product Innovation

The first display customers see upon entering the store features Knix’s newly launched Studio Collection—a blend of fashion-forward activewear and performance technology aimed at women moving from Pilates to coffee catch-ups with friends.

“This collection really bridges fashion and function,” Tapscott noted. “Our innovation-first mindset shows up here, from moisture-wicking and fast-drying fabrics to supportive bras for a wide range of cup sizes. It’s super chic but highly technical.”

Another standout product is the Sculpt Collection, including tops like the “Sculptor Tee”—a fitted t-shirt designed to be worn without a bra thanks to built-in support. “It’s like your everyday essential, elevated,” she said. A broader assortment of Sculpt pieces is set to launch soon, including bodysuits, dresses, and skirts.

The redesigned store also showcases Knix’s foray into wired bras. Known for their wireless, bonded designs, Knix recently introduced the Reflex Bra with a highly flexible carbon wire that offers structure without discomfort. “We spent 18 months developing this. It’s become one of our top products among new customers who still want the support of a wire,” said Tapscott.

Leakproof Technology at the Forefront

Knix made its name with leakproof underwear—a product that continues to be central to the store. Shoppers can now browse by silhouette, absorbency level, and colour without needing to ask for assistance.

“This heavy absorbency option, for example, holds the equivalent of six super tampons,” Tapscott shared while guiding a tactile demonstration of the gusset. “It’s virtually undetectable under clothes.” A newer ultra-thin version now rivals the capacity of earlier heavy absorbency styles, all with a lighter feel.

Dedicated sections also highlight Knix’s WingWoman Contour Bra, which comes in an impressive 99 sizes and features bonded seams for seamless wear, and a range of everyday underwear basics.

Embracing Inclusivity and Community

Knix’s commitment to body positivity and inclusivity is evident throughout the store. Mannequins reflect a range of body sizes and skin tones, and all models in marketing visuals—including those in the front windows—are real customers and community ambassadors.

“Jully Black, a longtime Knix fan, is featured. But most of the people you see in our campaigns were open-casted through social media,” Tapscott explained. “It’s really about showcasing the beauty of our community.”

This same spirit extends to product lines for teens through Kt by Knix, which includes leakproof swimwear and underwear. “We’ve heard from parents who say this product keeps their daughters in the pool and doing the sports they love without anxiety,” said Tapscott. Kt now offers teen swim shorts and tankinis, supporting modesty and confidence.

Swimwear, Shapewear, and Seasonal Staples

With summer approaching, the renovated space prominently features swimwear, including leakproof and non-leakproof options. “We have everything from sporty two-pieces to elegant shimmer styles launching in late May,” Tapscott shared, referencing an upcoming “Swim Drop #3” that will feature members of the Knix community.

Also featured is the popular Thigh Saver collection—lightweight, breathable shorts designed to prevent thigh chafing and heat discomfort. “It’s scientifically proven to lower skin temperature by three degrees,” Tapscott noted.

Rounding out the store’s offerings are shapewear essentials. “This wall walks you through the ‘ultimate wardrobe’: the perfect tank, bodysuit, thong, and slip,” she explained. “You can mix and match solutions based on your needs and colour preferences.”

Five New Stores Coming in 2025

In a significant move for the brand, Knix is expanding its brick-and-mortar presence with five new standalone stores opening across Canada by the end of the year.

“We’ll have 18 stores total, up from 13 today,” Tapscott confirmed. “You’ll see us soon at Square One in Mississauga, a renovated store reopening at the CF Rideau Centre in Ottawa, a new location at Calgary’s CF Chinook Centre, and more.” (West Edmonton Mall was confirmed to be under construction as well).

The expansion reflects Knix’s confidence in retail as both a revenue stream and an avenue for deeper customer engagement. “Retail is incredibly important to us. It allows us to connect with our community in a real way and drive omnichannel growth,” she said.

Tapscott pointed out that customers who shop both online and in-store—what the brand calls “omni shoppers”—tend to have significantly higher lifetime value. “When she visits a store, has a great experience, and then shops online, we see that halo effect across the region.”

D2C Reimagined

Knix’s direct-to-consumer approach has evolved from being primarily digital to becoming location-fluid. “For us, D2C now means ‘direct to where the consumer wants us to be,’” said Tapscott. “If that’s online, great. If that’s in-store—whether Queen West, Yorkdale, or Chinook—we want to meet her where she is.”

The flagship renovation is a physical embodiment of that philosophy: warm, neutral tones, intimate design features like curved arches, large dressing rooms including accessible options, and abundant natural light from skylights.

“We want this to feel like a place you can linger, learn, and feel comfortable,” Tapscott added.

A Brand That Keeps Innovating

From its early days to becoming a direct-to-consumer powerhouse, Knix continues to evolve with the needs of modern women. With its eye on innovation, inclusivity, and expanded retail, the brand shows no signs of slowing down.

Upcoming product launches include the continued rollout of the Sculpt Collection, the shimmer swimwear drop in late May, and the unveiling of more inclusive sizing across its categories.

For Tapscott and the Knix team, the Queen Street West renovation represents more than a new floor plan—it’s a statement of purpose. “This store tells the story of where we came from, where we are, and where we’re headed next.”

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GameStop Canada President on Why EB Games is Coming Back

By
Craig Patterson
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EB Games store. Image: Wikimedia Commons

In a comprehensive interview with Jim Tyo, President of GameStop Canada, it was revealed that the beloved EB Games Canada brand is making a return. 

GameStop Canada President Jim Tyo spoke with Retail Insider about the company’s refraining to EB Games. The decision follows the May 2025 acquisition of Electronics Boutique Canada Inc. by French-Canadian entrepreneur Stéphane Tétrault, a move that has sparked excitement across the country’s gaming and collectibles communities.

The rebranding effort is already underway and signals a pivotal shift in the identity and direction of the 185-store chain. With deep Canadian roots and a loyal following, EB Games Canada aims to re-establish itself as a nostalgic yet forward-looking destination for both video game and toy collectors.

Jim Tyo, President of GameStop Canada

Jim Tyo, who has been with the company since its inception in Canada in 1993, expressed visible enthusiasm during the interview.

“I’ve been here since the very beginning. I think I’m the second employee,” he said. “I’ve seen it all. But this is pretty wonderful—to get back to what I feel are our roots.”

For many Canadians, EB Games isn’t just a store; it’s a cultural touchstone. The decision to bring back the brand name comes not only from a place of nostalgia but also from a desire to reassert Canadian identity in retail.

“We’re proudly Canadian,” said Tyo. “This just seemed like the right time to move back to what people perceive as an iconic Canadian brand.”

New Ownership, New Vision

At the centre of the rebranding effort is new owner Stéphane Tétrault. With more than 25 years of experience in the toy and collectibles industry, Tétrault is no stranger to the passions of Canadian consumers. He’s the founder of Imports Dragon, a co-owner of McFarlane Toys, and recently became an investor in Mastermind Toys.

Tyo noted that Tétrault’s involvement is far from passive.

“He’s a very passionate leader in this space,” he explained. “It’s quite unique to have an owner of the business so passionate about video games and toys. He’s anxious to get at it, and we’re excited to work with him.”

The Road to Rebranding

The company’s initial focus will be on a full rebrand of existing GameStop stores back to EB Games Canada, which Tyo said would take about six months.

“We’ll focus on some of the higher-profile stores first,” he said. “This year is really about rebranding and technology. We’ll be investing significantly in both.”

The plan includes updated store signage, revamped digital platforms, and a refreshed online experience to better reflect Canadian consumer preferences. “We want to ignite some passion and put our flag back in the ground that we’re homegrown,” Tyo added.

Revamping the In-Store Experience

Although the name change is the most immediate update, there are more ambitious plans in the works for the in-store experience. While details are still being finalized, Tyo said that expanded experiential sections are part of the long-term vision.

“We’re going to create more expansive sections and experiential areas in stores over time,” he said. “Right now, the focus is on brand and tech, but store experience is definitely on the roadmap.”

This aligns with Tétrault’s vision of community-oriented retail, and it also builds on the chain’s existing strengths in collectibles and exclusive product launches.

GameStop store. Image: r/Superstonk via Reddit

Collectibles Boom and Product Expansion

One of the key growth engines for EB Games Canada is its collectibles business, which is projected to hit $100 million in sales this year—a staggering 30 percent increase year-over-year.

“That’s pretty incredible given the retail landscape,” said Tyo. “It shows that there’s demand for the product, and when you bring an expert like Stéphane to the table, we expect even more growth.”

Tyo cited Pokémon trading cards and the upcoming launch of Magic: The Gathering x Final Fantasy as examples of high-demand products that are fuelling the boom. “These launches are as big as video game releases,” he said.

With Tétrault’s industry connections and manufacturing experience, EB Games Canada plans to expand into new product categories, guided by real-time customer demand and its popular reservation model.

Reservation Model Fuels Sales

The company’s unique reservation system is credited as a major factor in its collectibles success.

“We’ve really leaned into our reservation model on the toys and collectible side,” Tyo explained. “It gives us insight into consumer behaviour and helps drive volume.”

This strategy mirrors the limited-edition “drop” culture seen in sneakers and streetwear, creating urgency and excitement around releases.

Digital Growth and Omnichannel Strategy

Despite its emphasis on brick-and-mortar, EB Games Canada is also ramping up its digital efforts.

“We’re investing heavily in technology, and that includes enhancing the online business,” said Tyo. “Buy online, pick up in-store is one of our key areas of focus.”

With 185 stores and a robust used game business, each location carries a unique inventory. The company is planning to roll out ship-from-store capabilities to broaden access to these in-demand titles.

Stability and Strategic Footprint

Unlike many retailers navigating post-pandemic retail disruption, EB Games Canada is not in contraction mode.

“We’re looking to stabilize, not shrink,” said Tyo. “The goal is to invest in stores, not close them. We’ll continue to evaluate locations individually, but we’re committed to the footprint.”

This is a notable contrast to trends seen in the U.S., where GameStop Corp. has been forced to scale back due to declining physical game sales and rising digital competition.

Staff as Brand Ambassadors

Store teams will play a pivotal role in the company’s reinvention, with many employees being former customers themselves.

“Our best-performing stores are the ones staffed by people passionate about what we sell,” said Tyo. “We’re seeing more and more people now who are fans of both games and collectibles—it’s a convergence of two strong communities.”

This human touch is part of what gives EB Games Canada a unique position in the market—personalized service backed by knowledgeable, enthusiastic staff.

Looking to the Future: Loyalty and New Opportunities

Looking ahead, the company plans to relaunch a loyalty program in late 2025 and continue building on its used game and trade-in offerings, which Tyo describes as “a huge value driver, especially in tougher economic times.”

The program is also being expanded to include manga and other collectibles—part of a strategic push to meet consumers where their interests lie.

“There’s over 1,000 to 1,200 manga titles launched globally every month,” said Tyo. “We’ve seen incredible success with our manga trade program, and we’ll continue to expand it.”

A Vote of Confidence in Canadian Retail

At a time when many are pulling back from physical retail, Tétrault’s investment in EB Games Canada—along with his partnership in Mastermind Toys—sends a strong signal.

“He’s really betting on Canadian retail,” said Tyo. “While others are retreating, he’s doubling down. That’s something Canadians should know and appreciate.”

As EB Games Canada steps into its next chapter, the message is clear: it’s not just a name change—it’s a revival. 

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EB Games Canada Returns with GameStop Acquisition

SpreeAI redefines retail with AI-powered photorealistic try-ons and $1.5B valuation

By
Mario Toneguzzi
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SpreeAI Is Redefining Retail With Virtual AI-Powered Try-Ons Curated by the Top in Tech and Fashion (PRNewsfoto/SpreeAI)

SpreeAI, a rising force in fashion tech innovation, is revolutionizing the retail landscape with its lifelike virtual try-on technology and 99%-accurate sizing solution—technology so realistic the naked eye can’t distinguish it from real life. By combining artificial intelligence with hyper-personalized shopping experiences, the company is setting a new standard for how consumers engage with fashion, both online and in-store.

“For consumers, SpreeAI adds an unparalleled level of personalization, allowing shoppers to become the model and visualize clothing in a lifelike, photorealistic way,” the company said in a release. “Packed with upcoming features like an AI stylist, a virtual wardrobe, and more, SpreeAI creates a dynamic and engaging shopping experience.”

For retailers, the company emphasizes practical benefits as well. “SpreeAI is engineered to reduce returns and boost sales conversions, offering a transformative solution for the fashion industry.”

Visionary Leadership and $1.5 Billion Valuation

John Imah
John Imah

SpreeAI is led by Co-founder and CEO John Imah, a seasoned executive with experience at global tech giants. Under Imah’s leadership, SpreeAI recently achieved a $1.5 billion valuation following an undisclosed funding round led by The Davidson Group.

The company’s board includes iconic supermodel Naomi Campbell, along with entrepreneurs Bob Davidson and Larry Ruvo—underscoring its blend of high fashion and technology.

“It’s inspiring to be part of SpreeAI’s transformative journey under John’s visionary leadership,” said Naomi Campbell, Fashion Icon and SpreeAI Board Member. “I’ve always believed in pushing boundaries and embracing innovation, and seeing John’s passion and determination firsthand makes me even more excited about the future we’re creating together. SpreeAI represents the powerful fusion of fashion, technology, and inclusivity—and I’m thrilled to be on this groundbreaking path.”

Naomi Campbell. Source: Naomi Campbell Instagram
Naomi Campbell. Source: Naomi Campbell Instagram

Academic and Industry Collaborations Fuel Innovation

SpreeAI’s innovation pipeline is strengthened by exclusive collaborations with the Massachusetts Institute of Technology (MIT) and Carnegie Mellon University. These partnerships span research, talent development, and product integration. In addition, the company’s collaboration with the Council of Fashion Designers of America (CFDA) links its cutting-edge technology directly with the heart of the fashion industry, added the company.

Steven Kolb
Steven Kolb

“The CFDA is proud to collaborate with SpreeAI, a fashion technology leader delivering innovative solutions to help designers and brands thrive in the fashion industry,” said Steven Kolb, CEO of CFDA.

Priscilla Capistrano
Priscilla Capistrano

“SpreeAI’s partnership with the EECS Alliance exemplifies the kind of forward-thinking collaboration we strive for—bringing together industry innovation and academic excellence,” said Priscilla Capistrano, Program Manager at MIT. “Their active involvement, including providing impactful internship opportunities, has opened up exciting pathways for our students while supporting research and real-world application in the AI space. We’re proud to support SpreeAI as they continue to grow and lead in this evolving field.”

Professor Deva Ramanan of Carnegie Mellon University added:
“AI is poised to revolutionize many things including e-commerce. SpreeAI is pushing the forefront of this for a truly personalized garment-shopping experience, by leveraging collaborations with academia and assembling a team that understands both the deep technical challenges and their product impact.”

With four issued patents and 23 more pending, SpreeAI is positioning itself to maintain technological leadership and ensure competitive advantage. The company also operates Protea, a platform that enables retail partners to integrate and test SpreeAI’s offerings to improve efficiency and customer outcomes.

Fashion Partnerships and Met Gala Spotlight

SpreeAI said its momentum is extending into the cultural zeitgeist, with new collaborations announced with luxury designer Sergio Hudson and London-based womenswear brand Kai Collective. Both designers are recognized Black creatives whose work aligns with the 2025 Met Gala theme, “Superfine: Tailoring Black Style.”

“We’re thrilled to partner with SpreeAI and aim to create a personalized experience for Sergio Hudson and drive increased sales,” said Sergio Hudson, Founder and Creative Director.

Fisayo Longe
Fisayo Longe

“At Kai Collective, we’re always looking for ways to fuse innovation with storytelling,” said Fisayo Longe, Founder and CEO of Kai Collective. “Collaborating with SpreeAI allows us to explore how technology can elevate the customer experience while staying true to our brand’s identity and values.”

In another milestone moment, SpreeAI CEO John Imah was the first fashion tech AI startup CEO to be invited to the Met Gala, underscoring the company’s influence at the intersection of fashion, technology, and culture.

Looking Ahead

“Our approach will always be customer-focused—that means both the retail partners and the consumers we serve,” said Imah. “We don’t just look at the shopping landscape; we reimagine it. Whether it’s in-store or online, we step back and ask how AI can transform real-world challenges into seamless, exciting experiences. This mindset drives us forward as we continue shaping the future of retail and fashion with AI, blending innovation with personalization to empower and inspire. The possibilities are limitless, and we’re just getting started.”

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Swift Car Wash launches Ontario expansion with Cambridge acquisition

By
Mario Toneguzzi
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Source- Swift Car Wash
Source- Swift Car Wash

Swift Car Wash, one of Canada’s fastest-growing express car wash operators, has officially entered the Ontario market with the acquisition of Smitty’s Car Wash in Cambridge. The move represents a key milestone in the company’s national expansion strategy and signals its ambition to grow across Eastern Canada.

The newly acquired location at 408 Hespeler Road, Cambridge becomes Swift’s first in Ontario and a foundational step toward broader provincial growth. As part of the transition, Swift Car Wash plans to significantly invest in the site, with upgrades aimed at enhancing wash quality and delivering a standout customer experience, said the company.

Raja Singh
Raja Singh

“Introducing express car washes in Ontario has long been part of our vision, and the acquisition of a high-performing, community-trusted car wash site is the perfect way to launch our presence in this key market,” said Raja Singh, Co-Founder of Swift Car Wash.

The Cambridge site will soon undergo renovations to bring it in line with Swift’s modern brand standards, including eco-friendly operations and high-efficiency wash systems.

“We’re proud to bring Swift’s exceptional service and innovative approach to car washing to the people of Cambridge,” said Abiram Kanagasabai, Co-Founder of Swift Car Wash. “This is just the beginning of our commitment to Ontario, and we’re excited to introduce the Swift experience to new communities.”

All existing customers at the Cambridge location will be transitioned into Swift’s Unlimited Wash Membership program, giving them access to all current and future Swift locations across Canada.

Swift says the location will host grand re-opening celebrations this summer, featuring exclusive membership promotions and community events.

Founded in 2024 and headquartered in Toronto, Swift Car Wash has quickly gained attention for its focus on customer service, state-of-the-art technology, and commitment to eco-friendly practices. Its unlimited wash programs and modern amenities are designed to redefine the express car wash experience across Canada.

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Home Hardware named presenting sponsor of Skills Canada National Competition 2025 in Regina

By
Mario Toneguzzi
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Skills/Compétences Canada (SCC) has announced that Home Hardware Stores Limited will be the Presenting Sponsor of the Skills Canada National Competition (SCNC) 2025, taking place May 29 and 30 at the REAL District in Regina, Saskatchewan.

Home Hardware, Canada’s largest Dealer-owned home improvement retailer, will be on-site during the event, hosting a Try-A-Trade and Technology activity. This interactive experience will allow student visitors to engage directly with hands-on activities and learn more about careers in skilled trades and technologies. The retailer will also present medals to top competitors during SCNC’s official Closing Ceremony.

“Partnering with Home Hardware Stores Limited will help us highlight the importance of skilled trades and technologies and increase awareness of these sectors,” said Shaun Thorson, Chief Executive Officer, Skills/Compétences Canada. “SCNC is our flagship event and allows us to engage with thousands of student visitors each year to inform them about these exciting careers.”

The Skills Canada National Competition brings together over 500 students and apprentices from across the country to compete in more than 40 skilled trade and technology categories. The event also draws a wide range of participants and supporters including labour groups, industry partners, government representatives, educators, and youth.

Ian White
Ian White

“We’re thrilled to once again partner with Skills/Compétences Canada to create meaningful opportunities for young tradespeople across the country,” said Ian White, President & CEO, Home Hardware Stores Limited.

“This collaboration not only opens doors for the next generation to explore the dynamic fields of skilled trades and technologies, but empowers youth to connect with industry leaders, gain valuable insights, and develop the skills needed to thrive in the future of Canada’s economy and workforce.”

The timing of this partnership is significant, as Canada continues to face a skilled labour shortage. With approximately 257,000 tradespeople expected to retire by 2029, initiatives like SCNC are critical in encouraging the next generation to pursue careers in the skilled trades and helping to fill the labour gap.

Founded in 1989, Skills/Compétences Canada is a national not-for-profit organization that works with employers, educators, labour groups and governments to promote skilled trade and technology careers among Canadian youth. It delivers hands-on learning opportunities and competitions across regional, provincial, national and international levels, helping young Canadians discover rewarding career paths.

Home Hardware Stores Limited, celebrating 60 years in business, operates over 1,000 locations across Canada under the Home Hardware, Home Building Centre, Home Hardware Building Centre, and Home Furniture banners. The retailer is recognized as one of Canada’s Best Managed Companies and one of the country’s Best Employers.

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Healthy Planet launches summer’s biggest wellness event with Healthy Days celebration

By
Mario Toneguzzi
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Source- Healthy Planet
Source- Healthy Planet

As summer approaches, Canadians looking to embrace healthier lifestyles while supporting local brands have a new reason to celebrate. Healthy Planet, Canada’s largest health and wellness e-commerce website and chain of wellness stores, is rolling out its most anticipated event of the year: Healthy Days, running from May 29 to June 1, 2025.

The four-day event builds on Healthy Planet’s earlier campaign, #HealthyCanadianSwap, launched in response to U.S. tariffs and growing economic pressure. The campaign highlights Canadian-made products in categories such as food, supplements, beauty, and home care. Healthy Days brings that message to life with major savings and exclusive giveaways, all while putting the spotlight on Canadian innovation in wellness, explained the company.

Muhammad Mohamedy
Muhammad Mohamedy

“As summer approaches, Canadians are actively seeking healthier, more sustainable alternatives, and many are looking to support local while they do it,” says Muhammad Mohamedy, General Manager of Healthy Planet. “Healthy Days is our way of kicking off the season with purpose: helping Canadians find great deals on quality wellness products while championing the incredible Canadian brands that are shaping the future of health.”

Throughout the event, customers can expect 10–60 per cent off storewide on key wellness categories including vitamins and supplements, sports nutrition, organic groceries, and clean beauty products.

Healthy Planet is also turning up the excitement with a range of giveaways. Ten lucky customers will each win a $1,000 travel voucher. Over 50 bonus prize winners will receive $200 in Healthy Points along with a personalized health consultation. In addition, the first 50 customers each day will receive an exclusive gift bag, it said.

“We’re so excited for the return of Healthy Days,” adds Mohamedy. “It’s a meaningful way for us to give back and celebrate our mission, serving Canadian communities with pride and helping them lead healthier lives, one choice at a time.”

With 38 store locations across Ontario and a strong online presence, Healthy Planet is making it easier than ever for Canadians to discover and support local brands. Canadian-made products are marked with red maple leaf tags in stores and can be found using a new “Canadian” filter online.

Healthy Planet continues to grow, with its most recent store opening in St. Catharines, located in Fairview Mall at 285 Geneva Street. The company remains committed to making wellness accessible and affordable for everyone.

Sale excludes eggs, dairy and produce.

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Canadian Retail News From Around The Web For May 7, 2025

By
Retail Insider
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Canadian Retail News From Around The Web

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.

Corner stores at a crossroads: A call to action for Canada’s new government (CCentral)

Inside the unlikely reinvention of the Canadian department store (Globe & Mail)

B.C. billionaire reportedly puts down 10% deposit in bid for HBC assets (BIV)

Hudson’s Bay to bring back commission for workers: Unifor (Canadian Press)

‘Stretching their dollars’: New study says Canadians struggle with food prices (Global)

Duty free shops fear Trump’s trade war will force them out of business (CBC)

Canadian warehouses want to become hubs for Chinese goods facing U.S. tariffs (The Logic)

George Weston reports Q1 profit down, raises quarterly dividend (Canadian Press)

Kingston Centre’s new Canadian Tire store nears completion (Kingston News)

The Beer Store is closing another 11 Ontario locations this summer, including Oakville, Toronto and Windsor (Inside Halton)

Opinion: Grocery sales shift from American to Canadian, but will it last? (Regina Leader Post)

Long-standing west Edmonton business moving out of construction zone (Edmonton Journal)

Booze boost: N.B. alcohol producers see ‘silver lining’ in tariff war with U.S. (CBC)

There’s a free Asian night market in Toronto over the long weekend (Toronto.com)

Parmigiano Reggiano Sees Soaring Growth in Canada

By
Craig Patterson
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Photo: Parmigiano Reggiano

Parmigiano Reggiano is seeing an extraordinary rise in popularity in Canada, with the country quickly becoming one of the fastest-growing international markets for the iconic Italian cheese. According to the Parmigiano Reggiano Consortium’s 2024 performance report, Canada posted an impressive 24.5% increase in imports last year—and momentum is only accelerating.

In the first quarter of 2025 alone, imports of Parmigiano Reggiano to Canada surged by 64.0% over the same period in 2024, and an astounding 166.4% compared to Q1 2023. The sharp growth highlights Canadians’ growing appetite for authentic, PDO-certified products that reflect quality, craftsmanship, and culinary heritage.

“Canada’s exceptional 24.5% growth is a testament to the country’s evolving culinary culture and its appreciation for authentic, PDO-certified products like Parmigiano Reggiano,” said Nicola Bertinelli, President of the Parmigiano Reggiano Consortium. “Canadians are discerning consumers who value transparency and tradition—and we are proud to see our cheese becoming such a beloved part of their lives.”

Marketing and Retail Strategy Fuels Expansion

The Consortium attributes much of the success in Canada to targeted marketing and trade initiatives, which were developed in partnership with leading Canadian retailers and importers. These strategic efforts have significantly increased the brand’s visibility and helped drive consumer demand across key sales channels.

Unlike generic parmesan-style cheeses, Parmigiano Reggiano enjoys Protected Designation of Origin (PDO) status, and the Consortium confirmed that monitoring activities in Canada have found no significant violations—ensuring that the cheese’s reputation remains protected in this fast-growing market.

These developments signal a meaningful shift in Canadian grocery preferences, with premium imports gaining shelf space even in a value-driven retail environment. Parmigiano Reggiano’s growth suggests that Canadian consumers are increasingly willing to invest in quality and authenticity, even amid broader inflationary pressures.

Canadian Demand Reflects Broader Export Growth

While Canada is experiencing one of the most significant spikes in Parmigiano Reggiano imports, the growth is part of a broader international trend. In 2024, total exports rose 13.7%, and international markets now represent 48.7% of total sales for the Consortium.

The United States remains the largest foreign market (+13.4%), followed by key European destinations and Asia-Pacific countries. Canada’s 24.5% growth outpaced nearly all major markets, with only Australia posting a slightly higher figure (+28.2%).

These export gains were part of an overall strong year for the brand. Turnover at consumption reached an all-time high of €3.2 billion in 2024, up from €3.05 billion the year prior (+4.9%). Sales volumes increased by 9.2% globally.

Consumer Education and PDO Recognition Drive Loyalty

A key element of the Consortium’s success in Canada is its effort to educate consumers on what sets Parmigiano Reggiano apart from generic imitations. With €28.4 million invested globally in marketing and communication in 2024, the brand has made consumer awareness a top priority.

Through storytelling, in-store campaigns, and digital media, the Consortium has highlighted the cheese’s unique production methods, regional origin, and long maturation periods. These messages appear to be resonating in the Canadian market, where demand continues to grow across both specialty and mainstream retail channels.

The product’s integrity in Canada has also remained intact. Monitoring efforts confirmed that the Parmigiano Reggiano name is being properly used and protected, with no significant PDO violations reported in the Canadian market.

Strategic Future: Canada as a Long-Term Focus

Looking ahead, the Consortium views Canada as a long-term growth market for Parmigiano Reggiano. While much of the global strategy remains focused on the United States and Europe, Canada’s performance has positioned it as a priority in upcoming marketing and diplomatic initiatives.

“Looking ahead, we must increasingly invest in international market growth,” said Bertinelli. “With exports now nearing half of total sales at 48.7%, creating space in foreign markets is a necessity. Today’s consumers seek products that feature authenticity and heritage—values embodied by Parmigiano Reggiano. Our goal is to make Parmigiano Reggiano not just a cheese, but a lifestyle, a true icon of Italian craftsmanship.”

Despite some concern over rising global trade tensions and tariff risks, particularly in the United States, the Consortium remains optimistic that Canada will continue to offer a receptive and stable market. With strong consumer support, retailer collaboration, and ongoing protection of the PDO designation, Parmigiano Reggiano is well-positioned to grow its Canadian footprint even further.

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Pet Valu Beats Q1 Forecasts, Raises Price Target

By
Craig Patterson
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Pet Valu on Front Street in Toronto (Image: Dustin Fuhs)

Vancouver-based Pet Valu Holdings Ltd. has delivered stronger-than-anticipated financial results for the first quarter of 2025, signaling a renewed sense of momentum in the pet retail category. The company posted a 7% year-over-year increase in revenue, reaching $279.1 million, which exceeded both consensus expectations ($275 million) and estimates from analysts at Stifel ($278 million).

Marking a significant turning point, same-store sales rose by 1.4% year-over-year — the first positive growth in this metric in four quarters. That result surpassed Stifel’s forecast of 1% and the consensus estimate of 0.8%. The gains came despite continued challenges in store traffic, which declined 1.1% for the sixth consecutive quarter. However, analysts noted that traffic declines eased throughout Q1 and improvements have extended into the second quarter.

Strength in Wholesale and Loyalty

A key driver of the revenue growth was a 14% year-over-year surge in wholesale merchandise sales, attributed to increased shipments to Chico franchisees. The uptick in sales was further supported by a 2.6% rise in average basket size, helping offset the decline in store visits.

Pet Valu also reported record loyalty penetration in Q1 2025, building on 2024 levels when 85% of sales were linked to loyalty members. The company’s rewards programs, including its “13th bag free” promotion, continue to resonate with Canadian pet owners. According to the report, Pet Valu sees its loyalty program as “a lever to capture market share,” with a goal of converting casual customers to more frequent buyers with a monthly cadence.

Profitability Remains Resilient

Pet Valu’s adjusted earnings per share (EPS) came in at $0.36 for the quarter, up 3% year-over-year and beating Stifel’s estimate of $0.35 and the consensus of $0.34. This result included $0.04 in incremental expenses tied to its new distribution centre.

Gross margin declined by 130 basis points to 33.1%, slightly above expectations of 32.9%, with pressure attributed to higher distribution and occupancy costs as well as an unfavourable mix due to elevated wholesale sales. Selling, general and administrative expenses (SG&A) improved by 70 basis points to 18.2% of revenue, aligning with projections.

Adjusted EBITDA totalled $58.7 million in the quarter, a 4% year-over-year increase, narrowly beating consensus expectations of $57.4 million.

Full-Year Guidance Maintained Despite Economic Uncertainty

Despite economic volatility and trade-related concerns, Pet Valu reaffirmed its full-year 2025 guidance. Management noted that the company has not observed any weakness in consumer spending related to tariff concerns — a positive signal for the broader Canadian retail environment.

“Management maintained its annual guidance despite the economic uncertainty and indicated not seeing any weakness yet in consumer spending related to the tariffs concerns. This is a breath of fresh air for investors, and it speaks to the defensive nature of the pet industry,” noted the Stifel report.

Pet Valu’s 2025 adjusted EPS estimate remains unchanged at $1.64, representing 5% year-over-year growth. The 2026 forecast was slightly increased to $1.80 (from $1.78) following minor revisions to revenue projections.

Target Price Raised as Shares Rebound

Shares of Pet Valu have rebounded sharply from their April 8th low, gaining approximately 25% since that time. Based on the improved outlook and valuation momentum, Stifel raised its 12-month price target for the stock from $28.50 to $33.00.

The revised target is based on a blended approach using a 10.5x multiple on estimated 2026 EBITDA (previously 9.25x), an 18.25x multiple on projected 2026 EPS (previously 16x), and a discounted cash flow (DCF) analysis with a 9% discount rate.

At the time of the report, Pet Valu shares were trading at $28.79 — representing a market capitalization of $2.03 billion. The stock remains rated as a “Buy” by Stifel, with analysts pointing to a favourable valuation relative to historical norms, continued earnings growth, and resilience in a discretionary-challenged economic landscape.

Q2 Margin Pressure Expected, Followed by Recovery

While the company expects similar same-store sales trends in Q2 as seen in Q1, margin pressure is anticipated in the near term. Management projects a 100 basis point sequential decline in EBITDA margin during Q2, driven by timing of projects and promotional efforts, including investments in its Performatrin Prime pricing strategy.

However, Pet Valu anticipates improved profitability in the second half of 2025 as benefits from its new promotional planning tools take effect and new store openings contribute to revenue.

Store Expansion and Infrastructure Improvements

As part of its long-term growth strategy, Pet Valu is on track to complete a significant supply chain upgrade by the end of 2025. This infrastructure enhancement is expected to support the expansion of its store network to 1,200 locations — representing a nearly 45% increase over current levels.

During Q1, the company added six net new stores, bringing its system-wide total to 830 locations. For the full year, Pet Valu is forecasting the addition of 40 net new stores.

A Defensive Play in Retail

Analysts underscored Pet Valu’s positioning within the highly resilient pet industry, which has only declined once in the past 30 years in Canada. This defensive profile, combined with the company’s stable free cash flow, modest leverage, and loyal customer base, makes it an attractive investment in an uncertain retail environment.

“Given the volatile economic environment, we believe Pet Valu is an appealing investment where investors can find refuge,” noted the Stifel analysts. “The Canadian Pet Food industry is defensive, having declined only once in 30 years, a characteristic sought after by investors.”

Risk Considerations

While the outlook remains positive, the report cautioned investors on several key risks:

  • Currency risk: Approximately 23% of Pet Valu’s cost of goods sold is in U.S. dollars, making it vulnerable to a weakening Canadian dollar.
  • Franchise dependency: Over 70% of Pet Valu locations are operated by franchisees, making the brand partially reliant on their operational success.
  • Competitive pressure: The 2023 entry of U.S.-based Chewy into the Canadian market may add pressure on growth and pricing in the months ahead.

Company Background

Founded in 1976 and headquartered in Markham, Ontario, Pet Valu is a leading Canadian pet specialty retailer operating more than 800 stores across the country. The company offers pet food, accessories, and services, including grooming and self-serve dog washes. With a target demographic of discerning pet owners and a growing loyalty base, Pet Valu holds the top market share position in Canada’s pet industry.

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