2025 Developments
Retail in Canada demonstrated a robust performance in 2025, outpacing the previous year's performance with a value gain of 4% in current terms, reaching CAD546.3 billion despite subdued economic expansion and only modest improvement in consumer confidence. The market is being shaped by a pronounced shift towards value and digital integration, as consumers adapt to elevated living costs and interest rates by favouring discounters, warehouse clubs, and digital-first retailers. Established leaders like Loblaw and Wal-Mart retain a competitive advantage through national scale and advanced digital ecosystems. Success in this environment requires a dual focus on price competitiveness and digital agility. Brands need to invest in unified loyalty, advanced personalisation, flexible fulfilment, and service-led formats that cater to both value-driven and premium shoppers as well as the rising demand for convenience and hybrid experiences.
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Overview:
Understand the latest market trends and future growth opportunities for the Retail industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Convenience Stores
- Discounters
- Hypermarkets
- Supermarkets
- Traditional Grocery Retailers
- Apparel and Footwear Specialist Retailers
- Electronics and Appliance Specialist Retailers
- Health and Beauty Specialist Retailers
- Home and Garden Specialist Retailers
- Department Stores
- Variety Stores
- Warehouse Clubs
- Direct Selling
- Homeshopping
- Vending
If you're in the Retail industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Retail in Canada report includes:
- Analysis of key retail trends
- Detailed segmentation of offline and online retail sales
- Historic channel sizes (retail value sales, outlet counts, and selling space)
- Company and brand market shares (retail value sales and outlet counts)
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Retail in Canada?
- Which are the leading retailers in Retail in Canada?
- How are products distributed in Retail in Canada?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How significant are discounters and private label in Canada?
- To what extent are sales shifting towards digital channels?
- What is the long-term outlook for bricks-and-mortar?
- How is macroeconomic and political uncertainty affecting the retail industry?
- What types of retailers are seeing the fastest growth in digital sales?
- What is the future of retail?
Retail in Canada
2025 Developments
Key Data Insights
Dollarama and Discounters Gain as Households Trade Down
Retail E-Commerce Extends Reach as Shopping Habits Evolve
Loblaw and Dollarama Drive Value Revolution in Everyday Spend
Discounters and E-Commerce Accelerate as Mid-Market Shrinks
Ai-Powered Personalisation and Automation Widen the Performance Gap
Amazon and Costco Gain as Mid-Market Banners Lose Ground
Ikea and Staples Reshape Store Formats to Capture Urban Demand
Informal Retail
Opening Hours for Physical Retail
Seasonality
New Year’s Day
Valentine’s Day
Easter
Mother’s Day
Father’s Day
Canada Day
Back-to-School
Thanksgiving
Halloween
Black Friday
Cyber Monday
Christmas
Boxing Day
Convenience Retailers in Canada
Key Data Insights
Convenience Retailers Summary
Dollarama’S Discount Push Pulls Shoppers From Convenience Stores
Forecourt Retailers Holds Largest Share as Convenience Stores Struggle
Circle K’S Meal Deals Redefine Convenience for Cost-Conscious Shoppers
Circle K Shifts to Urban Hubs as Demand for Top-Up and Fresh Food Rises
Accelerating Parcel Collection and Delivery Partnerships to Meet Urban Demand
Diversifying Product Mix as Tobacco Income Declines
Circle K Accelerates Store Expansion as 7-Eleven Defends Core Network
Supermarkets in Canada
Key Data Insights
Supermarkets Summary
Loblaw Drives Visible Value Tactics as Competition Intensifies
Metro Leverages Private Label Expansion to Capture Loyalty and Margin
Loblaw Steers Shoppers to Value through Discount Formats and Digital Tools
Supermarkets Faces a Persistently Cautious Environment
Subtle Shifts in Competitive Landscape
Hypermarkets in Canada
Key Data Insights
Hypermarkets Summary
Walmart Accelerates Investment to Sustain Growth Despite Rising Costs
Walmart Reinforces Price Leadership as Value Competition Intensifies
Walmart’S Omnichannel Overhaul Redefines the Stock-Up Experience
Loblaw and Walmart Defend Value Leadership as Cautious Spending Persists
Northern and Northmart Sustain Essential Role in Remote Communities
Service-Rich Formats and Omnichannel Integration Enhance Trip Value
Wal-Mart Canada Expands Supercenters and Outpaces Rivals in Value-Led Growth
Discounters in Canada
Key Data Insights
Discounters Summary
No Frills and Maxi Drive Weekly Shop Shift with New Conversions
Freshco Leverages Expanded Ethnic and Ready-To-Eat Private Label Lines
Freshco, Super C and Save-On-Foods Expand Fresh and Ethnic Lines to Drive Loyalty
Digital Loyalty and Targeted Offers Sharpen Price Advantage for Discounter Banners
Loblaw Expands Discount Banners to Maintain National Lead
Small Local Grocers in Canada
Key Data Insights
Small Local Grocers Summary
Independent Grocers Leverage Community Support to Offset Margin Pressure
Speciality Grocers Attract Loyal Customers While Generic Stores Decline
Loblaw Boycott Drives Renewed Support for Local Independents
Neighbourhood-Focused Independents Use Personalisation to Withstand Outlet Decline
Independent Grocers Leverage Digital Tools for Hyper-Local Reach and Loyalty
Wholesaler Caution and Tighter Credit Favour Well-Managed Independents
Speciality Grocers Attract Loyal Shoppers as Generics Lose Relevance
General Merchandise Stores in Canada
Key Data Insights
General Merchandise Stores Summary
Dollarama Capitalises on Trading Down Amid Department Store Closures
Hudson’S Bay Closures Accelerate Shift to High-Throughput Discount Formats
Contrasting Outlook for Variety Stores and Department Stores
Dollarama and Giant Tiger Boost Private Label to Defend Margins
Dollarama Expands Store Count as Competitors Exit, Consolidating Value Leadership
Apparel and Footwear Specialists in Canada
Key Data Insights
Apparel and Footwear Specialists Summary
Lululemon and Aritzia Boost Store and Online Loyalty to Drive Resilient Sales
Aritzia Leverages Social Media-Driven Trends to Accelerate Sales Cycles
Winners and Mark’S Outperform as Value-Driven Shopping Reshapes Retail
Omnichannel Investment Transforms Stores into Logistics Hubs for Faster Fulfilment
Value-Focused Banners and Hybrid Models Retain Loyalty as Shoppers Demand More
Sustainability Shifts From Marketing to Behaviour as Repair and Resale Gain Traction
Winners and Marshalls Lift Value Share as Mall Chains Lose Ground
Appliances and Electronics Specialists in Canada
Key Data Insights
Appliances and Electronics Specialists Summary
Apple Drives Store-Led Growth as E-Commerce Reshapes Shopper Journeys
Best Buy Leverages Express Stores to Expand Digital Reach
Apple and Best Buy Transform Stores into Experience-Led Destinations
Key Players Shifting Stores to Omnichannel Service Hubs
Apple Extends Sales Lead as Best Buy Absorbs the Source
Home Products Specialists in Canada
Key Data Insights
Home Products Specialists Summary
Pet Valu, Mondou and Petsmart Drive Value Sales with Premium Positioning
Canadian Tire Leverages Exclusive Brands to Anchor Loyalty and Margins
Home Depot and Ikea Expand Project-Based Offers to Capture Shifting Consumer Priorities
Pet Valu Deepens Ecosystem as Pet Shops Lead Future Growth
Canadian Tire and Ikea Respond to Sustainability and Service-Led Demand
Home Depot Sustains Leadership as Pet Valu Gains Share
Health and Beauty Specialists in Canada
Key Data Insights
Health and Beauty Specialists Summary
Pharmacy Players Extend Reach through Banner Conversions and Digital Integration
Shoppers Drug Mart and Jean Coutu Drive Consolidation to Reshape Local Access
E-Commerce and Private Label Push Redefine Shopper Convenience and Value
Pharmacies Expand Health Services as Loyalty and Digitalisation Drive Growth
Beauty Specialists to Accelerate Upmarket Experiences and Digital Engagement to Outpace Rivals
Independent Operators Need to Adapt to Increasing Competitive and Margin Pressures
Shoppers Drug Mart Leverages Digital and Loyalty Strength to Reinforce Its Lead
Vending in Canada
Key Data Insights
Vending Summary
Employers Shift to Micro-Markets and Smart Fridges to Boost Spend per Visit
Energy Drinks and Rtd Coffee Drive Growth as Traditional Volumes Decline
Operators Accelerate Digital Integration to Defend Profitability
Premium Beverages and Healthier Snacks Shift Spend to Higher Value
Hybrid Work and Consumer Expectations Reshape Unattended Retail
Aramark Extends Lead as Concentration Increases
Direct Selling in Canada
Key Data Insights
Direct Selling Summary
Mary Kay Drives Digital Shift as Consultants Boost Online Engagement
Consultants Shift to Digital Acquisition as E-Commerce Integration Accelerates
Health and Beauty Direct Selling to Outpace Others as Wellness Focus Intensifies
Social Selling and Influencer Incentives Reshape Acquisition and Compliance
Groupe Rocher and Melaleuca Leverage Wellness and Digital to Accelerate Share Gains
Retail E-Commerce in Canada
Key Data Insights
Retail E-Commerce Summary
Amazon and Walmart Drive Online Spend with Marketplace Dominance
Temu and Shein Accelerate Cross-Border Sales and Disrupt Incumbents
Walmart and Amazon Sharpen Fulfilment to Win Loyalty and Repeat Spend
Amazon Holds Anchor as Omnichannel Rivals Close Delivery Gap
Loblaw and Sobeys Fuel Online Grocery’S Rapid Value Gains
Ai-Driven Personalisation and Trust Standards Reshape Shopper Journeys
Amazon Maintains Lead as Discount Rivals Disrupt Mid-Tier Players
Country Reports Disclaimer
The following categories and subcategories are included:
Retail
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- Convenience Stores
- Forecourt Retailers
- Supermarkets
- Hypermarkets
- Discounters
- Warehouse Clubs
- Food/Drink/Tobacco Specialists
- Small Local Grocers
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- Department Stores
- Variety Stores
- Apparel and Footwear Specialists
- Appliances and Electronics Specialists
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- Home Improvement and Gardening Stores
- Homewares and Home Furnishing Stores
- Pet Shops and Superstores
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- Beauty Specialists
- Pharmacies
- Optical Goods Stores
- Health and Personal Care Stores
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- Bags and Luggage Specialists
- Jewellery and Watch Specialists
- Sports Goods Stores
- Traditional Toys and Games Stores
- Other Non-Grocery Retailers
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- Fashion Vending
- Health and Beauty Vending
- Appliances and Electronics Vending
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- Alcoholic Drinks Vending
- Hot Drinks Vending
- Soft Drinks Vending
- Tobacco Products Vending
- Foods Vending
- Home Products Vending
- Other Products Vending
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- Apparel and Footwear Direct Selling
- Personal Accessories Direct Selling
- Eyewear Direct Selling
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- Beauty and Personal Care Direct Selling
- Consumer Health Direct Selling
- Tissue and Hygiene Direct Selling
- Appliances and Electronics Direct Selling
- Drinks and Tobacco Direct Selling
- Foods Direct Selling
- Home Products Direct Selling
- Other Products Direct Selling
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- Apparel and Footwear E-Commerce
- Personal Accessories E-Commerce
- Eyewear E-Commerce
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- Beauty and Personal Care E-Commerce
- Consumer Health E-Commerce
- Tissue and Hygiene E-Commerce
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- Consumer Appliances E-Commerce
- Consumer Electronics E-Commerce
- Toys and Games E-Commerce
- Drinks and Tobacco E-Commerce
- Foods E-Commerce
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- Home Care E-Commerce
- Home and Garden E-Commerce
- Pet Care E-Commerce
- Other Products E-Commerce
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- First-Party (1P) Marketplace E-Commerce
- Third-Party (3P) Marketplace E-Commerce
- Grocery E-Commerce
- General Merchandiser E-Commerce
- Apparel and Footwear Specialist E-Commerce
- Appliances and Electronics Specialist E-Commerce
- Home Products Specialist E-Commerce
- Health and Beauty Specialist E-Commerce
- Leisure and Personal Goods Specialist E-Commerce
- Other E-Commerce Retailers
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Retail
Retail is the sale of new and used goods to consumers from a business for personal or household consumption from retail outlets, kiosks, market stalls, vending, direct selling and e-commerce. Retail is the aggregation of Retail Offline and Retail E-Commerce. Excludes specialist retailers of motor vehicles, motorcycles, vehicle parts. Also excludes fuel sales, foodservice sales, rental transactions, wholesale sales (e.g. Cash and Carry), and sales through cannabis dispensaries in markets where cannabis is sold legally. Sales value excluding or including VAT/Sales Tax. Retail also excludes the informal retail sector. Informal retailing is retail trade which is not declared to the tax authorities. Informal retailing encompasses (a) sales generated by unregistered and unlicensed retailers, i.e. retailers operating illegally, and (b) any proportion of sales generated by a registered and licensed retailer that is not declared to the tax authorities. Unregistered and unlicensed retailers operate predominantly (although not exclusively) as street hawkers or operate open market stalls, as these channels are harder for the authorities to monitor than permanent outlets. Activities in the illegal market, which is usually understood to refer to trade in illegal, counterfeit or stolen merchandise, are included within our definition of informal retailing. Activities in the “grey market”, which is usually understood to refer to trade in legal merchandise that is sold through unauthorized channels – for example cigarettes bought legally in another country, legally imported, but sold at lower prices than in authorized channels – will be included as informal retailing if no tax is paid on sale by the retailer. However if the retailer pays tax – for example on cigarettes bought legally in another country but sold at a lower price than standard – the sale is included within formal retail.
See all of our definitionsWhy buy this report?
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This report originates from Passport, our Retail research and analysis database.
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