Category Archives: Business in Canada
Retail experts say blaming online shopping for in-store decline is an oversimplification of a multifaceted problem: changing consumer tastes, demographic shifts, technological advances and other forces also add to their woes. Read more in CTV News’s article here Photo by Freepik
The Washington Post thinks so. Data shows that year over year the retail sales made during Black Friday are declining as consumers are getting used to year round sales. Read the full story here. Image by Freepik
Retail Drive provides great insights into this year’s Amazon Prime Day. Their 5 takeaways are: Prime Day 2017 had fewer fails Targeted deals grew key categories, but grocery lagged Amazon killed the competition Amazon won the marketplace battle New members and Amazon products … Read More…
Full details here: http://news.staples.com/press-release/corporate/staples-inc-enters-definitive-agreement-be-acquired-sycamore-partners-1025-s
Sears Canada says it is seeking court protection from its creditors in order to restructure its business. When you are outside a market, you need to know what is happening in that same market. Let Odyssey Partners be your eyes, ears and voice … Read More…
Walmart Canada is testing things such as in-store scanners/phone apps, wider isles, lower shelves, walk-in fridges, and more strategic online a in-store product offerings to try stay relevant and compete with online shopping. Read the full details from The Globe and Mail article here.
Congratulations Rick we wish you well in retirement! Read CDN’s story on it here.
Market Track’s Canada’s 2016 Year in Review lists Canadian Tire as the Promotional Leader across the country, followed by Walmart. Review the full report to see the top Canadian advertising retailers and top promoted brands and manufacturers in 2016.
Business Insider commissioned an experiment to see how much bacteria is on our smartphones – The results are in and they’re not pretty – “Here are all the germs, diseases, and bacteria that live on our phones” Enter Whoosh! Leveraging the latest scientific advancements … Read More…
“Reasons for Amazon’s success across different markets vary. In batteries, they have a price competitive product in a largely commoditized market with little brand loyalty. In speakers, they’ve developed truly innovative products that are redefining the market. The bottom line for brands is … Read More…