Insights and Stories on Retail

Oct. 24, 2022 at 12:58 pm CDT

Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for Canadians. Price rises for store-bought food have been outpacing the broader annual inflation rate for 10 consecutive months, and grew […]

By Reuters

Sep. 22, 2022 at 5:34 pm CDT

Ottawa | Reuters — Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, Indigenous minorities and others, and analyze its effect on the economy and the illegal marijuana market. Canada became the first developed nation to […]

By Ismail Shakil

Feb. 24, 2022 at 6:46 pm CST

Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at home has sustained even as COVID curbs have eased, continuing to help sales at grocery stores that benefited during last […]

By Reuters

Jan. 18, 2022 at 6:57 pm CST

A well-known Canadian food retailer selling flash-frozen meals, entrees, side dishes and desserts direct to consumers is headed to expansion-minded new owners. Calgary-based Parkland Corp., which operates fuel and convenience retail chains and bulk fuel distribution businesses in Canada and elsewhere, announced Tuesday it’s signed an agreement to buy M+M […]

By Dave Bedard

Jan. 3, 2022 at 7:18 pm CST

Reuters — The United States will issue new rules and US$1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat sector, President Joe Biden said Monday. The initiative comes amid rising concerns […]

By Leah Douglas