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Global discount chain Panda Mart bears down on Canadian retail scene

South African-based global retailer of household goods and furniture to open first Canadian store.
A former Rona store in Toronto has become the first Panda Mart store in the United States and Canada. (Avison Young)
A former Rona store in Toronto has become the first Panda Mart store in the United States and Canada. (Avison Young)
CoStar News
September 23, 2025 | 9:36 P.M.

A big box Toronto-area retail outlet has swapped lumber and lawnmowers for LED showerheads and novelty slippers. Panda Mart, the South African-born global retailer of household goods, novelty home décor and furniture, has leased a 113,462-square-foot freestanding retail building and is days away from opening its first Canadian location in a former Rona hardware store.

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News | Global discount chain Panda Mart bears down on Canadian retail scene