AGP Executive Report
Last update: 3 hours agoBeauty Retail: Korean skincare brand Medicube is now in all 1,300 Shoppers Drug Mart stores, with 13 products on shelves; a Costco launch is planned this month. Canadian K-beauty sales jumped 57% last year to $164 million. Grocery Costs: Food prices remain a strain: reports warn grocery bills could rise by $1,000 in 2027, while a survey found nearly one in three Canadians are skipping or shrinking meals. A village has opened its own grocery store to tackle high prices and long trips for essentials. Retail Expansion: Toys “R” Us Canada plans to open inside 300 Staples stores by the end of 2027, bringing its toy assortment to more communities. Product Safety: Nearly 339,000 DREO heaters sold at Costco are being recalled over fire risks, underscoring the need for shoppers to check products at home.
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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