The dollar store invasion gains momentum

Dollar stores in Canada sold well over $2 billion worth of food last year. And given how aggressive dollar stores are, that could double quickly

The dollar store invasion gains momentumA visit to any dollar store is something to remember: the bright lights, aisles filled with things you may or may not need, and the distinctive smell. If we had to create a smell that mixes plastic with China, the smell in a dollar store would be it. It’s not overly appetizing but a greater…

Canadians thinking green for holiday shopping

And fewer consumers plan to shop on Black Friday and Boxing Day this year, according to Accenture survey

Canadians thinking green for holiday shoppingEnvironmentally friendly products will account for about one-third of Canadians’ spending this holiday season, according to the eighth annual Holiday Shopping Survey from Accenture. But they will be spending a little less money this year on average. “With increased awareness about the climate crisis, it’s no surprise that responsible retail matters now more than ever,…

Canadians increasingly embrace Black Friday

Study clearly shows consumers continue to enjoy shopping in physical stores: Retail Council of Canada

Canadians increasingly embrace Black FridayIt may be tied to an American holiday but increasingly Canadian consumers are doing their shopping on Black Friday. According to the Retail Council of Canada's (RCC) second annual Holiday Shopping Survey, which was released on Tuesday, 43 per cent of Canadian consumers plan to open their wallets on Black Friday, Nov. 29, the day…

Canadian consumers aren’t in a spending mood

Canadian consumers aren’t in a spending moodCanadian consumer spending growth has been muted of late despite strong fundamentals in the form of healthy labour markets and low borrowing costs, says a new report by TD Economics. The report by senior economist Brian DePratto, Whither Spending? The Drivers of Lacklustre Canadian Spending, says three key domestic factors are to blame: policy-induced softness…

Fashion retailer Forever 21 closing its Canadian stores

The chain has 44 stores in Alberta, British Columbia, Manitoba, Ontario, Quebec and Nova Scotia and employs approximately 2,000 people

Fashion retailer Forever 21 closing its Canadian storesFashion retailer Forever 21 says it plans to close its 44 stores in Canada. The company announced in a news release that Forever 21 Canada filed for and was granted protection under the Companies’ Creditors Arrangement Act by the Ontario Superior Court of Justice (Commercial List) in Toronto. PricewaterhouseCoopers Inc. was appointed as monitor in…

Plenty of great hair days at Chatters

President Greg Moreau talks about how the largest distributor and retailer of professional hair care goods in Canada plans to keep building the brand

Plenty of great hair days at ChattersGreg Moreau is president and CEO of Chatters. Tell me a bit about Chatters. What do you specialize in? Moreau: Chatters is the largest distributor and retailer of professional hair care goods in Canada, and the third largest in North America with a 60/40 business of retail to service. From products to service, our specialty…

How sports card collectors can protect their investments

Jason Masherah of Upper Deck talks about avoiding scams, particularly in the online marketplace

How sports card collectors can protect their investmentsJason Masherah is president of the trading card company Upper Deck. Can you explain the number of scams related to your industry that have been going on lately and why this is happening? Masherah: Trading cards and memorabilia have been a longtime target for these types of scams. Quite frankly, it was the reason Upper…

Canadian retail sales get lift from Raptors’ NBA championship run

Canadian retail sales get lift from Raptors’ NBA championship runRetail sales across Canada were flat and unchanged at $51.3 billion in June from May but were up 1.1 per cent year over year, according to Statistics Canada. But the Toronto Raptors’ presence in the National Basketball Association finals increased sales at sports and sports clothing stores across the country. Stronger sales across most subsectors…

Walmart, Instacart offer on-demand grocery delivery across Canada

Expansion builds on a successful 17-store pilot in Toronto and Winnipeg. Delivery can be made in as soon as one hour

Walmart, Instacart offer on-demand grocery delivery across CanadaWalmart Canada and Instacart announced on Thursday the national expansion of their relationship, which will bring on-demand grocery delivery services from nearly 200 Walmart stores across Canadian in as fast as an hour. In a news release, the companies said the expansion builds on a successful 17-store pilot in the greater Toronto area and Winnipeg.…

Offering an alternative voice for best practices in retail

Bruce Winder of Retail Advisors Network talks about the dramatic evolution taking place in retail and where the marketplace will go next

Offering an alternative voice for best practices in retailBruce Winder is co-founder and partner of Retail Advisors Network. Tell me a little bit about your background and what you do now? Winder: I spent about 20 plus years in big retail at places like Canadian Tire, HBC, Sears and Air Miles before deciding I wanted to explore life outside a head office and…