Retail

Stacy’s Rise Project™ Announces First-ever Class of Canadian Grant Recipients in Support of Women Entrepreneurs

by
Stacy’s Rise Project™ Announces First-ever Class of Canadian Grant Recipients in Support of Women Entrepreneurs

This announcement marks the first time the program has awarded Canadian grant recipients in the brand’s effort to support women entrepreneurs across North America. MISSISSAUGA, ON, Jan 20, 2023 /CNW/ – Stacy’s Pita Chips continues its longstanding commitment of championing women-owned businesses with the announcement of its inaugural Canadian Stacy’s Rise Project class, a grant … Read more

Canadian tech talks down rounds, disasters, and “recipes for failure”

by
Canadian tech talks down rounds, disasters, and “recipes for failure”

Featuring interviews with luminaries from OMERS Ventures, Shopify, Coveo, Clio, Unbounce, and L-SPARK. I honestly can’t believe I survived. “There was a bit of ego raising.” “I think it has been a disaster.” “I read BetaKit for the truth.” Last week at SAAS NORTH, somehow, I not only moderated two conversations on the BetaKit Keynote … Read more

Here today, gone tomorrow: The rise of pop-up and short-term retail

by
Here today, gone tomorrow: The rise of pop-up and short-term retail

A Louis Vuitton pop-up store in Toronto’s Union Station. If you’re making your way through Toronto’s Union Station while doing your last-minute holiday shopping, you may be surprised at what pops up. A space in the station devoted to pop-up retail sees a host of start-ups, entrepreneurs and artisans offering a bounty of merchandise, from … Read more

Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday

by
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday

Shopify merchants rack up $7.5 billion in sales over the weekend. recession? What recession? When it came to Black Friday, Cyber ​​Monday, and Giving Tuesday this year, Shopify, Benevity and other companies reported particularly strong numbers with consumers seemingly disregarding any warnings of a potential recession. A Square report found that nearly 80 percent of … Read more

David Rocco, International Celebrity Chef, Launches His Own Line of Authentic Italian-Made Pasta and Premium Sauces Across Canada and the US

by
David Rocco, International Celebrity Chef, Launches His Own Line of Authentic Italian-Made Pasta and Premium Sauces Across Canada and the US

TORONTO, Nov 22, 2022 /CNW/ – International Italian-Canadian Celebrity Chef, David Roccoannounced today the launch of his own line of Italian-made Pasta and Premium Sauces available across Canada. David Rocco’s authentic Italian-made pasta and sauces, launching under the same namesake, are now available in select retailers such as Loblaws, Metro, Fortinos, Longo’s, Zehrs, YIG, Real … Read more

Mastercard SpendingPulse: Last-minute shopping prevails over one-day sales and promotions as Canadian retail sales expected to grow +5.7% this holiday season

by
Mastercard SpendingPulse: Last-minute shopping prevails over one-day sales and promotions as Canadian retail sales expected to grow +5.7% this holiday season

This holiday season, from November 25 to December 24, Canadian retail sales (excluding Automotive) are expected to increase +5.7%* year over year (YOY) and +21.2% since pre-pandemic (2019), according to the Mastercard SpendingPulseTM holiday forecast. E-commerce retail sales are expected to grow +3.8% YOY (+63.1% YO3Y). Mastercard Spending Pulse measures in-store and online retail sales … Read more

Flashfood Named #1 Clean Tech in Deloitte’s Technology Fast 50™ for 2022

by
Flashfood Named #1 Clean Tech in Deloitte’s Technology Fast 50™ for 2022

The company secured the top spot in Canada’s Clean Technology award category due to its 11,869% increase in revenue growth and more than 50 million pounds of food waste reduction TORONTO, Nov 17, 2022 /CNW/ — flashfood, a digital marketplace that connects consumers to heavily discounted food nearing its best-before date, today announced the company … Read more

Toronto’s New Adidas Store Is Setting The Stage For Experiential Retail In Canada

by
Toronto’s New Adidas Store Is Setting The Stage For Experiential Retail In Canada

The Toronto Lab product section of Adidas’ store in Toronto Eaton Centre. Christine Do Experiential retail is becoming ubiquitous across the United States, especially for athletic brands. In the last year, Champs Sports, Dick’s Sporting Goods, and Wilson’s have created experiential stores. But, Canada, as a much smaller market, tends to get left behind when … Read more

As food inflation stays hot, here’s a look at how much items cost

by
As food inflation stays hot, here’s a look at how much items cost

OTTAWA – Canada’s inflation rate fell from its near 40-year high of 8.1 per cent in June to 7.6 per cent in July, Statistics Canada said Tuesday. The easing was largely attributable to gas prices, which have dropped in recent weeks, but similar relief has not extended to food costs. The latest consumer price index … Read more

Holiday spending expected to slump amid inflation, economic uncertainty: report

by
Holiday spending expected to slump amid inflation, economic uncertainty: report

Holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms over household budgets, a new report says. In its 2022 holiday retail outlook, Deloitte Canada said Tuesday overall holiday spending is expected to fall 17 per cent to $1,520 per household as recessionary concerns and … Read more