“Our business model needed to evolve to match an extremely competitive marketplace and the challenging economy that continues in Calgary and surrounding areas,” he said. (Calgary Harold)
“We tried a couple of times to bring people back on site but the health mandates kept shifting so we really stayed almost fully remote for the entire two-year period.” (Retail Insider)
Retail Council of Canada, which represents the grocers, expects to have “strong and capable representation” at the working group meetings, spokesperson Michelle Wasylyshen said in an email. (The Sudbury Star)
“I don’t think they’re experiencing as significant a disruption as they were in January. The peak seems to have been then," said Retail Council of Canada spokesperson Michelle Wasylyshen. (BNN Bloomberg)
Live and in-person from Michael's podcast studio in Vegas, veteran retailer & Head of eCommerce for Vega, Andrew Cherwenka, lays his bets on eCommerce. Next, we step step out in style with Crocs president Michelle Poole
“He said to me, ‘Jimi, I want to open a store in Stoney Creek. I want you to move down there and manage it,” Donabie recalls. “I said, ‘I’d love to Sam, but I’m only 15.’” (Toronto Star, for subscribers only)
Throwback Vault started online in 2011 through the founders’ love of vintage clothing, especially those with a sports theme. By 2017 the Queen St. shop opened and after the launch of the Mississauga location they look to expand further. (Insauga)
There were barely more than 100 stores open that first month, but by March 2019, that number had doubled, and by February 2021 the total had reached 1,500. (Globe & Mail)
“It’s the two sides of Vancouver with this really high percentage of commercial retail“Our goal from day one has been to create a differentiated retail experience that stands out from any store you might see downtown,” said Ritz. (Globe & Mail)
"And that comes in the form of selling the majority of the items that we do receive. They are resold as new and used, or they go back to the seller or supplier, or we donate them," Armour said. (CNBC)
The vast majority of goods in China are transported overland, and the new controls are causing chaos, with truck drivers facing frequent checks, unpredictable testing requirements and the ever-present threat of quarantine (Globe and Mail)
“Why a retailer would be attracted to that space now—any mixed-use project—is that you’re going to have a more continuous presence of people in that environment. It’s not a monoculture where people are only going there for the transactional purpose to shop.” (Retail Brew)
The scammers call nighttime workers and claim to be calling from "corporate headquarters" and try to convince them a manager has authorized a shipment or payment. (CTV Saskatoon)
"The partnership fits into Target's broader sustainability initiatives, including Target Zero, a new label in stores and online that points out products or packaging designed to be refillable, reusable or compostable." (CNBC)
“Our industry has traditionally chased the lowest-cost manufacturing base around the world, but this is coming to an end. The name of the game today is supply chain resilience and agility,” Bergh noted. (Fashion Network)
Brick-and-mortar shops have proven to serve a critical role for retailers’ businesses during the Covid pandemic, the bank said in a new report on Wednesday, and retail sales growth has remained strong, in part due to rising inflation. (CNBC)
RCC Spotlight: In Conversation with Carmen Fortino of Metro Inc.
In Conversation with Retail Leaders in Canada is an exciting series featuring in-depth conversations between Retail Council of Canada President and CEO Diane J. Brisebois and Canada’s top retail leaders and industry insiders.
This in-depth session with Carmen Fortino will demonstrate how Metro Inc. is looking ahead, recognizing the need for urgent action while demonstrating value for its partners, associates, and company leaders. Leadership takes courage, and Metro Inc. is committed to taking charge.
Date: May 5, 2022 || Time: 7:30am – 9:15am ET || Delta Hotels Toronto Airport & Conference Centre, Toronto, Ont.
Exploring Canadians’ perspectives on the budget, including whether they think it is a step in the right or wrong direction, their perspectives on the amounts allocated to certain federal budget initiatives, and more. Read more.
The rise in March brought the total job count to 442k above pre-pandemic levels - and the unemployment rate is at its lowest level (5.3%) since comparable data became available in the 1970s. Read more.
The economic news was non-stop this week, from the Business Outlook Survey, to the Federal Budget, and capping it off with another banner jobs number. Combined with strong business sentiment, and a steady federal fiscal picture, it is all systems go for a rate hike next week. Given inflation and economic strength, a 50 basis-point move is justified. Learn more.
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