AGP Executive Report
Last update: 9 hours agoRetail & Grocery Expansion: T&T Supermarket is set to open its first Manitoba location in Winnipeg (CF Polo Park) in spring 2028, a 48,000 sq-ft Asian grocery push. Big-Box Grocery Watch: Costco reported July sales up 4.2% in Canada. Food Retail Moves: Save-On-Foods opened in Clearwater, B.C., and Super C in Lavaltrie, Que. expanded to a larger footprint; IGA is also returning to Edmonton Aug. 20. Corporate Food Sector: Canada Packers posted a Q2 loss of $28.4M. Direct-to-Consumer Alcohol: Canada’s new DTC alcohol agreement may open doors for producers, but grocers expect little change at checkout. Bankruptcy/Consumer Retail: QVC Group completed its Chapter 11 restructuring, cutting debt by $5B+, adding $600M credit, and naming Mike George interim CEO as it re-lists on Nasdaq as QVCG. Consumer Safety Recall: Over 1.7M attic stairway ladders were recalled in the U.S.; about 13,054 units were sold in Canada. Health Coverage for Newcomers: Canada reinstated full coverage for some refugee health items, but doctors say gaps remain for many needs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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