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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.
Posted in Business in Canada
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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…
Posted in Business in Canada, Consumer Electronics Insights
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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…
Posted in Fitbit Updates, Hot Items
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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
Posted in Business in Canada, Sales Tips & Updates
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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
Posted in Business in Canada, Sales Tips & Updates
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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…
Posted in Business in Canada, Retailers
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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
Posted in Business in Canada, Retailers
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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…
Posted in Business in Canada, Retailers
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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.
Posted in Business in Canada, Retailers
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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.
Posted in Business in Canada
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