Category Archives: Business in Canada

Is there a future for department stores?

Retail Drive shares an interesting history of North American department stores and their transformation from having personal stylists and babysitting to being cramped with products, sales and all being the same. Read the full article here.

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Compugen Finance launches carbon-neutral computer

Compugen Finance is breaking ground with a new initiative: offering customers a carbon-neutral computer. Compugen Finance quantified the CO2 emissions reductions generated by the refurbishing and reselling process and presented its findings to the Canadian Standards Association, which approved the methodology and registered … Read More…

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Strong customer demand makes Versa the fastest selling product in Fitbit history

With female health tracking, Fitbit users can better understand their overall health and wellness by accessing their data all in one place. Combined with the user’s sleep and activity data, Fitbit is providing a way for its users to gain a better understanding … Read More…

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It’s not just online stores that are emptying malls

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

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Is Black Friday Dead?

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

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Amazon Prime Day 2017

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…

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Staples to be Acquired by Sycamore Partners for $6.9B

Full details here: http://news.staples.com/press-release/corporate/staples-inc-enters-definitive-agreement-be-acquired-sycamore-partners-1025-s

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Sears Hoping To Restructure

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…

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Walmart Canada Shares How it’s Working to Stay Relevant in a Digital Age

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.

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Tech Data Canada leader Rick Reid to retire

Congratulations Rick we wish you well in retirement! Read CDN’s story on it here.

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