Retail Revamps and Back-to-School Trends | Toronto News
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Primaris REIT is pouring $19 million into a major overhaul of the historic Hudson’s Bay at Galeries de la Capitale, transforming it into a vibrant hub with multiple shops and restaurants — headlined by Imaginaire’s largest store. As retailers nationwide refresh their physical spaces, Canadian families brace for higher back-to-school costs in 2026, pushing more shoppers toward value retailers like Walmart and Costco or online giants such as Amazon. Lululemon is expanding its Like New resale program to Canada, empowering customers to buy and sell pre-owned gear — boosting both brand loyalty and sustainability. Leon’s real estate portfolio, valued at $17 billion, signals a strategic push to spin off its REIT, revealing deep value in its property assets. Meanwhile, Saskatoon is actively seeking a grocery anchor for its downtown redevelopment, recognizing that a strong food retail presence is vital to reviving urban centers and serving local communities.
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