In 2022, the Canadian retail industry adapted and shifted throughout the third year of the COVID-19 pandemic. Major trends included growth in omni-channel, challenges with supply chain, marketplaces and inflation among other topics.
Canada also saw a number of brands enter the country through expansion and had a number of brands unexpectedly exit the market. We will be talking about the lasting impacts of 2022 for many years to come.
Over the course of the year, some articles published in Retail Insider saw many thousands of readers, and we’ve listed the top ones below in descending order. See them all below, starting with number 22:
The recently renovated store could be demolished for towers as well as a new purpose-built retail space for Canadian Tire.
The secretive retailer could leave a hole at the iconic corner amid litigation as the developer fights to keep Apple as the anchor tenant.
20. Alo Yoga to Enter Canadian Market with Multiple Stores Including Bloor Street Flagship in Former Gap Retail Space
The upscale brand will go after Lululemon’s home market including a massive flagship store at an important corner.
The new concept store with a smaller footprint integrates into the regional store network at a localized level.
The Holt Renfrew Centre Zara store was the first in Toronto, replacing a Marks & Spencer location that operated for years.
17. Japanese Coffee Brand ‘% Arabica’ Kicks Off Canadian Expansion with 1st Location Opening in Toronto [Photos/Interview]
The company says it will expand nationally with new locations to open in Ontario and on the West Coast next year.
More big name brands are opening in Canada’s densest node of luxury brand stores, including several first-to-Canada international retailers.
15. Downtown Edmonton Retail Struggling Amid New Developments and Shifting Dynamics [Feature Story/Interviews]
A reduction in foot traffic and a perceived lack of safety are among issues faced by a downtown core which has lost retail space over the years as suburban centres dominate the market.
The experiential upscale international concept is looking at cities across Canada for large-format restaurant locations.
Several global and first-to-market brands will open in the highly anticipated mixed-use development that will occupy a key site at Front and Spadina — and with Shopify pulling out of the office component, it’s anyone’s guess what happens next.
12. Indigo Closing Chapters Book Store on Rideau Street in Downtown Ottawa to Relocate to CF Rideau Centre [Renderings]
The new concept Indigo store will replace a legacy Chapters store that opened in 1996.
Canada became dependent on foreign markets prior to NAFTA, and the situation is complicated according to Sylvain Charlebois.
The sale indicates the failure of Lowe’s in Canada following its acquisition of RONA, according to experts.
9. ‘The Grocery People’ Launches New Concept Flagship ‘Wholesale Market’ Store in Edmonton with Plans for Expansion
The new location is targeted to be a prototype for the chain with a state-of-the-art culinary centre, chef demonstrations and other elements to enhance the consumer experience.
8. lululemon to Open 3-Level Flagship Store at Yonge and Bloor Intersection in Downtown Toronto [Exclusive]
The store will be built over three floors at one of the most significant retail corners in Canada.
The retailer has launched a range of products including athleisure and other categories to gain market share at Sport Chek and Sports Experts stores in Canada.
It’s the second large-format Nike flagship store for the Canadian market and it will feature prominent frontage on Ste-Catherine Street West. More are expected.
The store was once the retailer’s flagship store and it shut earlier than expected after product cleared out.
The retail component of the department store is expected to be downsized, which is part of a trend as HBC redevelops its downtown Canadian assets.
Keep reading Retail Insider, as we’ll be reporting on Canadian retail industry stories in 2023. Let’s all have a safe and prosperous new year!