How I’d Invest $6,500 in Canadian Retail Stocks to Increase My Net Worth

Retail stocks aren’t getting much attention right now, but the right picks could quietly boost your portfolio in a big way.

| More on:
Happy shoppers look at a cellphone.

Source: Getty Images

Retail stocks in Canada often fly under the radar, but at the moment, they deserve a fresh look. After a shaky start to 2025 due to global trade tensions and an uncertain monetary policy outlook, TSX investors have plenty of reasons to be cautious. But if you’re careful, Canadian retail stocks can still be a smart place to grow your money. With $6,500 to put to work, you may want to pick up shares of companies that could continue to grow stronger despite volatility.

In this article, I’ll show you exactly where I’d invest today to boost my net worth and why smart retail bets could pay off bigger than you might expect.

George Weston stock

Speaking of solid retail bets, a stock that definitely makes my list is George Weston (TSX:WN). This Toronto-based firm operates through two main businesses, Loblaw Companies and Choice Properties, giving it a strong presence in both retail and real estate.

Right now, WN stock is trading at $261.30 per share, giving it a market value of about $33.7 billion. And it offers a quarterly dividend with a current annualized yield of about 1.3%.

George Weston wrapped up 2024 with a 2.5% YoY (year-over-year) increase in its total revenue, reaching $61.6 billion. On the profitability side, George Weston’s adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) climbed 6.4% from a year ago due to higher rental income at Choice and growth across Loblaw’s retail and healthcare services.

Another major factor that makes George Weston stock such a smart pick today is its strategy to keep expanding even in a tricky economy. Notably, its subsidiary Loblaw plans to open about 80 new food and drug stores and 100 new pharmacy clinics this year, while Choice Properties is focused on adding premium retail and industrial real estate to its portfolio. Given these strong fundamentals, WN stock has the potential to keep growing even amid market volatility.

Created with Highcharts 11.4.3George Weston + Metro PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.ca

Metro stock

Another attractive Canadian retail stock you can consider right now is Metro (TSX:MRU). This Montréal-based firm mainly focuses on food and pharmacy retail. It runs nearly 1,000 grocery stores under banners like Metro, Super C, and Food Basics, along with over 600 pharmacies under names like Jean Coutu and Brunet.

After climbing by 14% year to date, MRU stock is currently trading at $103.13 per share with a market cap of $22.6 billion. At this market price, it offers a dividend yield of about 1.4%.

In the quarter ended in March 2025, Metro’s revenue climbed by 5.5% YoY to nearly $4.91 billion, helped by strong food and pharmacy same-store sales and a boost from a shift in the holiday shopping calendar. Similarly, its net profit for the quarter rose 17.6% from a year ago to $220 million, while adjusted earnings grew 9.8%. This strong earnings growth was supported by solid online food sales and strong pharmacy demand, especially for prescription drugs.

Notably, Metro recently wrapped up major supply chain upgrades and is now focusing on boosting store efficiency and expanding its network. This is the kind of strategy that could help this top retail stock thrive even when markets get choppy.

Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

More on Dividend Stocks

top TSX stocks to buy
Dividend Stocks

3 Blue-Chip Dividend Stocks Every Canadian Should Own

These TSX blue-chip stocks have paid and increased their dividends for decades and are likely to sustain their payouts over…

Read more »

ways to boost income
Dividend Stocks

An 8.12%-Yield Dividend Stock That Could Benefit After Recent Bank of Canada Rate Cuts

Telus (TSX:T) stock is a dirt-cheap bargain after recent rate cuts, even amid considerable industry challenges.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Investors: How to Turn $20K Into a Cash Flow Machine

$20,000 can become an income-yielding machine. Here's a four-stock portfolio that could earn nearly $950 a year in cash.

Read more »

Two seniors walk in the forest
Dividend Stocks

Steps to Take if CPP Is Partial Replacement of Pre-Retirement Income

Canadians have ways or can take steps to fill the CPP’s shortfall and boost retirement income.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Turn Your TFSA Into a $500/Monthly Dividend Machine

Here are two stellar REITs that pay monthly.

Read more »

man in suit looks at a computer with an anxious expression
Dividend Stocks

Which Dividend Stocks in Canada Can Survive Rate Cuts?

Bank of Canada rate cuts shift the landscape, and Granite REIT could benefit, offering reliable, growing income from industrial, logistics,…

Read more »

Dam of hydroelectric power plant in Canadian Rockies
Dividend Stocks

2 Canadian Dividend Giants That Belong in Every Portfolio

Want dependable, growing income? Hydro One and BMO offer steady, rising dividends backed by essential services and strong balance sheets.

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

This 10.2% Dividend Stock Pays Me Every Month Like Clockwork

Do you want steady monthly cash flow? HDIF packs diversification and covered‑call income into one ETF, currently paying a roughly…

Read more »