Canada’s Retail & Small Biz Shift | Canada News

Sleep Country Canada just exploded onto the global stage by snapping up 570 U.S. stores, catapulting it to second place as the world’s largest sleep retailer with over 800 locations across North America. Meanwhile, Danish fashion icon Rains is making its mark in Canada with its second Toronto store at Yorkdale — a bright spot for local retail. But rising costs are squeezing small businesses, prompting the Canadian Federation of Independent Business to demand tax relief and smoother provincial trade. Entrepreneurs are also doubling down as digital creators to stay visible. Canada Post and Staples are teaming up this summer to bring new in-store shipping options — a game-changer for small biz logistics. Despite a slight dip in grocery price hikes, the overall cost of doing business remains stubbornly high, with the federal small business tax rate frozen at 9% since 2019. In health and beauty, loyalty, digital health, and trust are reshaping the industry, while Toronto’s new Mercedes-Benz Studio blends automotive, fashion, and culture — proving brands are redefining retail experiences. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/66062b42ea9daf6f