Canadians are changing their food consumption patterns, and grocers are struggling to adapt — combined with rising inflation and other variables, some grocers could be in for some serious trouble.
New meditation studio in Toronto’s Yorkville neighbourhood aims to provide a relaxing oasis in the city. More are planned for other cities.
Last year, more than 50 international retailers entered Canada by opening stores, and this year could even surpass that number.
The retail rebrand, which will be completed by the end of this year, coincides with the significant acquisition.
BrandSpark’s latest report might be concerning for many retailers in Canada.
It’s the first such acquisition in Simons’ 178-year history, and is part of a trend where retailers add to their operations to broaden assortment and obtain product exclusives.
Canada will become the 4th international market for the brand, as Canada sees an unprecedented number of international retailers enter the country.