Tag: consumer trends
Are malls going out of fashion? The number of vacant units in your local shopping center might indicate that this is the case. Retailers must change to keep up with consumer trends.
Aggregating several dozen stores in one place and adding a cinema and a food court just isn’t going to Read More
Compared to the United States and some other countries around the world, Canadian shoppers have been slower to adopt online shopping. As of 2013 (the most recent year of verified statistics), only 13 percent of Canadian businesses were selling online. But other statistics show that Canadians are more than willing Read More
Not very long ago, it was unimaginable to think of shopping on Thanksgiving Day, but this year had more stores open on Turkey Day than ever, making us all wonder… What can we expect as the next trend in the retail industry? Stores opening on Christmas Day?” Well, if you Read More
When Walgreens announced its plan to acquire Rite Aid for an estimated $17.2 billion last week, it led to speculation as to what the deal would mean for this aspect of the retail industry, and how the deal might impact consumer trends across the drug store market.
The deal puts together Read More
Leading one of the latest consumer trends, Apple Pay, the mobile payment system from Apple, went live in late October 2014. The application lets consumers pay at participating retailers using an iPhone 6 or 6 Plus. A fingerprint sensor on the phone, called Touch ID, acts as the authorization mechanism. Read More