retail

Jamieson Wellness enters into definitive agreement to be acquired by Kirin in C$2.5 billion transaction

Mario Toneguzzi -
The transaction values Jamieson at approximately C$2 billion on a fully diluted equity value basis and approximately C$2.5 billion on an enterprise value basis.

Slate Grocery REIT reports second-quarter results, citing leasing gains and rent growth potential

Mario Toneguzzi -
Completed more than 569,000 square feet of leasing activity during the period as it continued to see rental growth across its U.S. grocery-anchored real estate portfolio.

Premium Brands reports record second-quarter revenue and earnings, revises 2026 outlook

Mario Toneguzzi -
The specialty food producer and distributor said second-quarter revenue reached a record $2.4 billion, up 26.3 per cent, or $495 million, from the same period a year earlier.

SmartCentres reports steady leasing gains in second quarter as occupancy rises, FFO unchanged

Mario Toneguzzi -
The Toronto-based REIT said occupancy reached 98.1 per cent as of June 30, up from the previous quarter.

Leon’s Furniture reports higher net income in second quarter despite lower sales

Mario Toneguzzi -
Revenue declined by $12.9 million from a year earlier, with furniture delivered sales down 4.2 per cent against what the company described as a strong prior-year comparison.

Baffin joins the Royer Group of Companies 

Mario Toneguzzi -
Baffin will operate as Baffin Footwear Inc., preserving the Baffin brand, its leadership team, employees, customer relationships and day-to-day operations while benefiting from Royer's long-term investment and manufacturing expertise.

First T&T Supermarket in Manitoba coming to CF Polo Park in Winnipeg

Mario Toneguzzi -
The “cult-favourite” Canadian supermarket is bringing its signature Asian groceries, prepared foods, bakery favourites, and beauty products to Manitoba for the first time.

Corby to sell Lamb’s rum brand and assets for $39.2 million as it shifts focus to growth categories

Mario Toneguzzi -
Corby said the transaction is intended to concentrate its resources on priority growth platforms, including ready-to-drink beverages and premium spirits, while freeing capital for higher-return opportunities.

Restaurant Brands International reports Q2 results as system-wide sales reach US $12.7 billion

Mario Toneguzzi -
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $49 billion in annual system-wide sales and over 33,000 restaurants in more than 120 countries and territories.

Neighbourly Pharmacy continues to grow, acquiring 7 more pharmacies

Mario Toneguzzi -
National footprint of 332 pharmacies across Canada.

Shopify Q2 results indicate a “monster quarter”

Mario Toneguzzi -
GMV was $115.6 billion, the fifth straight quarter of more than 30% growth. Revenue increased 34% year over year to $3.58 billion.

Daily Synopsis: Aug 5, 2026

Retail Insider -
Toronto police lay thousands of shoplifting charges, Shopify shares surge as AI grows, FreshCo expands in Alberta, Centerpoint Hudson's Bay store being demolished, and other news.

Sunterra Market Ends First Phase of Sale Process

Mario Toneguzzi -
In April, the Court of Queen’s Bench granted the sale and investment solicitation process for the company with a portfolio of agriculture and food businesses in Alberta.

Sleep Country strategy to expand its portfolio of brands: Interview with CEO Stewart Schaefer

Mario Toneguzzi -
Over the past few years, Sleep Country has been on a buying spree of different brands.

Canada’s Furniture Market Still Trails U.S. Recovery, Wayfair Results Suggest

Lee Rivett -
Wayfair’s latest results highlight a growing divide between Canada and the U.S., with Canadian furniture demand remaining subdued as American consumers begin returning to the market.

Kits Eyecare reports Q2 2026 results, record revenue

Mario Toneguzzi -
Glasses revenue grew 54.0% to $11.1 million, representing 18.9% of revenue, compared to 14.5%

Consumers assume brand content is AI-generated: Cashew

Mario Toneguzzi -
Nearly nine in 10 consumers (87%) believe the ads, social posts, product images and other content they see from brands are at least partly created using AI.

Dr. Phone Fix completes New Brunswick acquisition, expands corporate network to 45 stores

Mario Toneguzzi -
The company said the acquisition supports its strategy of expanding a national integrated device care platform through acquisitions, selective greenfield expansion and strategic partnerships.

Goodfood seeks CCAA Protection

Mario Toneguzzi -
The CCAA process is intended to provide the time and flexibility needed to pursue the Company's financial restructuring while continuing to operate the business and implement its operational turnaround plan.

RioCan sees committed retail occupancy climb to 98.8% in Q2

Mario Toneguzzi -
Completed 1.0 million square feet of leasing in the Second Quarter, including 0.9 million square feet of renewals.

SportChek to open Destination Sport store at CF Chinook Centre as Calgary mall accelerates retail transformation

Mario Toneguzzi -
SportChek will consolidate its two CF Chinook Centre locations into a larger Destination Sport concept store in 2027 as the Calgary shopping centre adds new retailers including Shake Shack, Hollister, New Balance, and Wingstop while continuing its retail transformation.

Staples Canada launches annual school supply fundraising campaign supporting United Way, Kiwanis

Mario Toneguzzi -
The campaign, which runs until Sept. 27, allows customers to make donations at checkout in Staples stores across Canada.

New 50% U.S. tariffs add pressure on retailers as trade uncertainty disrupts pricing, inventory and growth: DOSS Report

Mario Toneguzzi -
A new DOSS report finds the latest 50% U.S. tariffs on Canadian goods are intensifying pressure on retailers, forcing companies to rethink pricing, inventory management and supply chains while delaying long-term growth plans.

Small businesses face mounting financial pressure: Merchant Growth

Mario Toneguzzi -
Ontario restaurants and small businesses are struggling with wildfire smoke, extreme heat, rising utility costs and new U.S. tariff threats. Merchant Growth's latest survey reveals growing financial strain, reduced U.S. trade and cautious consumer spending.

Leyad announces two senior appointments

Mario Toneguzzi -
Experienced leaders from First Capital REIT and Agellan join national real estate platform.
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