Retail Update

  • By eggsdev
  • February 15, 2024
  • 135 Views

Walmart Canada has abandoned it plans to open a new fulfillment centre in Quebec. The $100 million centre at 57,000 square feet was supposed to open in 2024 and service both Quebec and Atlantic Canada. Instead it will spend the funds to upgrade 8 stores in Quebec having invested over $120 million in store upgrades in the province over the last two years.

Calgary Co-op is purchasing Care Pharmacies of Vaughan, ON. Care has 56 stores in 5 provinces. After the acquisition is complete the stores will remain under their own banner and the leadership team will remain in place.

Fortino’s, part of the Loblaw companies group, opened a new location in Bolton, Ontario. The 55,000 square foot store features their Pane Fresco concept. Meaning “fresh bread” in Italian, Pane Fresco offers a selection of foods created by Fortinos team of chefs, including soups and sandwiches; 40 artisan breads and 21 varieties of signature pizzas. The conversion from Zehrs marks the 24th store for the brand.

Giant Tiger has opened a new store in Vaughan, Ontario down the street from our office in the Colossus Plaza. The 18,000 plus store will be joined by new openings in London, Ontario and Saint John, New Brunswick.

Costco opened it’s new warehouse in North Etobicoke, Ontario with a multilevel parking garage with 1,200 spots and self-check outs.

Food specialty store Eataly opened its second location in Toronto at CF Sherway Gardens, a large mall location in the western GTA area of Etobicoke. It joins their flagship downtown store and a 3rd location planned for CF Don Mills outdoor mall in the northeastern part of the city. The Weston family, who own the Loblaws companies, have a stake in their retailer.