Canada’s Split Retail Market | Toronto News

Toronto News Today | 2 Min News | The Daily News Now! · Jul 10, 2026 · 2m

Canadian retail in Q2 2026 is split down the middle: shoppers are spending—but only on essentials and deals, leaving luxury and non-essentials in the dust. High-income buyers still splurge on experiences and travel, while middle-income consumers tighten belts amid soaring housing and food costs. Urban centers thrive with food, fitness, and experiential retail, while suburban and smaller malls struggle. Labor shortages and real estate disparities deepen the divide, forcing retailers to adapt or fade. The future belongs to those who offer value, convenience, and unique experiences—because in…