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Are Grocery Store Leases Increasing the Cost of Food in Canada? Competition Bureau and Experts Weigh In

Are Grocery Store Leases Increasing the Cost of Food in Canada? Competition Bureau and Experts Weigh In

Date:Share post:FacebookTwitterPinterestLinkedinAre grocery store lease terms increasing the cost of food?Recently commercial real estate firm CBRE posed that question following a report from the Competition Bureau which confirmed that food costs are on the rise and significant changes may be required to bring grocery prices back down to earth.“One unexpected idea floated by the Competition Bureau is to ban clauses in commercial leases that stop landlords from having competing uses or similar tenants at a property or in the surrounding area,” said the CBRE. “Exclusive use clauses,...

October 4, 2023
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Artisanal Souffle Pancake Concept 'Fuwa Fuwa' Expanding Further with Locations Across Canada [Interview]

Artisanal Souffle Pancake Concept 'Fuwa Fuwa' Expanding Further with Locations Across Canada [Interview]

Date:Share post:FacebookTwitterPinterestLinkedinOne of North America’s most popular dessert brands Fuwa Fuwa Pancakes has opened its third location in Calgary as it continues to expand in the market.The new location at Chinook Plaza is the company’s fifth location in Alberta. Other locations in Calgary are in the University District and Kensington neighbourhoods. The other two in Alberta are in Edmonton. The brand currently has 22 locations in Canada and internationally.And there are plans to continue expansion. Fuwa Fuwa was founded in 2018 in Toronto where Nicolas Poon, COO, and his...

October 4, 2023
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Sleep Country Canada Launching 'The Rest' Luxury Concept Store, Targeting Upscale Demographic [CEO Interview]

Sleep Country Canada Launching 'The Rest' Luxury Concept Store, Targeting Upscale Demographic [CEO Interview]

Date:Share post:FacebookTwitterPinterestLinkedinCanadian retail giant Sleep Country is launching a new concept store this fall in the Yorkdale Shopping Centre.“We’re opening up a very new, exciting luxury concept, a very bespoke experience. It’s called The Rest,” Stewart Schaefer, President & CEO of Sleep Country Canada and Dormez vous, told Retail Insider.“It really is a collection of mattresses and linens, sheets and pillows and duvets that we don’t carry in Sleep Country that is a much more luxurious line above whatever we sell at high end at Sleep Country for obviously a very...

October 5, 2023
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Vancouver-Based Tableware Retailer Fable Discusses Plans for Canadian Store Expansion [CEO Interview]

Vancouver-Based Tableware Retailer Fable Discusses Plans for Canadian Store Expansion [CEO Interview]

Date:Share post:FacebookTwitterPinterestLinkedinTableware retailer Fable has expanded with the opening of a new store in Vancouver.Joe Parenteau, Co-Founder and CEO of the Vancouver-based company, said the retailer is in expansion mode these days.“One is through product expansion. So we’re working on a lot of new pieces for the living room and part two is through different channel growth. We do some wholesaling like Hudson’s Bay and Indigo,” he said. “But we’re also starting to open up more and more stores for us.“It’s a combination of a lot of things for the future.”With The Bay, products...

October 5, 2023
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