Canada: latest retail news, insights and analysis | ESM Magazine

Loblaw Misses Quarterly Revenue Estimates On Soft Household Items Demand

Canada's Loblaw missed analysts' expectations for second-quarter revenue, hurt by soft demand for some household items and non-essential products.

Valeo Foods Completes Acquisition Of Appalaches Nature

Valeo Foods Group has completed the acquisition of Appalaches Nature, a Canadian maple syrup business.

Costco Wholesale To Hike Annual Membership Fees After Seven Years

Costco Wholesale said it would hike annual membership fees for the first time in seven years for its US and Canada customers, effective 1 September.

Brazil's Flood-Hit State To Produce 55% More Wheat, Crop Agency Says

Brazil's southernmost state of Rio Grande do Sul is expected to reap 4.07 million metric tonnes of wheat this season, 55.27% more compared to the previous...

Ocado Dealt A 'Massive Blow' As Sobeys Pauses CFC Plans: Analyst

The decision by Canadian retailer Sobeys to pause the development of a fourth automated warehouse, powered by Ocado, is a "massive blow" for the...

Ocado's Canadian Partner Sobeys Pauses Opening Of Vancouver Warehouse

Ocado, the online grocer and technology group, said its Canadian supermarket partner Sobeys had paused the opening of a fourth robotic warehouse planned fo...

Dollarama Posts Higher Quarterly Sales, Raises Stake In Dollarcity

Dollarama posted an increase in first-quarter sales and profit, as more Canadians shopped at its stores for affordable groceries and essentials.

McCain Foods Invests In Digital Agriculture With UNB’s McKenna Institute

The McKenna Institute at the University of New Brunswick (UNB) has secured an investment of $3.75 million from a partnership led by McCain Foods and other...