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The Time Thief Has Many Faces – Intuit Op-Ed

Photo: Antoni Shkraba Studio
Photo: Antoni Shkraba Studio

By Ciarán Quilty, Senior Vice-President for International at Intuit

Ask any small and mid-sized business owner what they’re short on, and they’ll probably say time. But more than the hours that are missing, it’s focus, clarity, and space to think. What’s stealing that bandwidth isn’t always obvious: an invoice you forgot to chase, a system that doesn’t sync, another tool demanding your attention.

Time is rarely lost to a single catastrophic blocker but a thousand invisible cuts. Less death by one decision and more by constant distraction.

Ciarán Quilty
Ciarán Quilty

The average SMB today operates with more digital tools than ever before. One of our own recent studies found that some will use eight or more tools. These aren’t only high-growth startups but also include solo founders, family firms, side hustlers scaling into storefronts.

Yet more tools haven’t meant more time. In fact, the opposite. When systems don’t talk to each other, the business owner becomes the middleware, chasing files, correcting errors, switching tabs. It becomes harder to notice the time tax until you try to gain focus. Even as 62% of Canadian small businesses now use AI – up from 51% just months ago – many still find themselves doing manual, low-leverage tasks that automation could have solved. And that’s the real problem we’re trying to solve with automation, both speed and focus.

What problem are we really solving?

Fragmentation both steals time and blocks progress. If data is scattered across platforms, AI can’t help you. If customer records don’t sync, your team spends its day fixing workflows instead of building relationships.

On the flip side of the tech transformation is a reality that many SMBs still don’t use basic digital tools. That’s not because they’re lazy or slow, but because what’s on offer is often too complex, too disconnected, or too enterprise-focused to serve them. For example, only 30 per cent of Canadian businesses use HR or payroll software, and just 31 per cent use email marketing or cloud platforms – highlighting how enterprise-grade solutions often don’t scale down.

There’s been a lot of noise about AI doing your work. But the most valuable thing AI might do is help you stop doing the things that don’t matter.

Photo: Fox
Photo: Fox

When we talk about automation, we should be honest: this isn’t about replacing people but clearing the underbrush. The repetitive, low-leverage tasks that keep business leaders from doing what only they can do.

AI becomes relevant less because it’s shiny and new, but because it helps you recover your attention. One example we’ve seen in practice: an AI agent notices a customer has been late paying six times in a row. Before you even hit send on the invoice, it flags this and suggests adding a late payment fee, a small change that increases your odds of getting paid on time by up to 10x. The cash comes in quicker. Your mental load drops. That’s intelligence in service of the real problem of getting paid faster. And it’s not just about faster cash flow. Canadian businesses using AI reported they are 16 times more likely to report increased revenue and nearly three times more likely to say their workdays are shorter.

The ROI from AI is a secondary question

Here’s the uncomfortable truth: the biggest barrier to AI isn’t cost but chaos. If your data isn’t in one place, structured, connected, and accurate, AI has nothing to work with.

This is not a structural problem. The Intuit QuickBooks Small Business Index shows that many SMBs are incredibly resilient but deeply vulnerable to complexity. They create the majority of jobs yet remain the least equipped to benefit from the AI transformation unless we fix the basics.

We need action that supports better policies, simpler digital adoption, and clearer pathways to automation. Especially when 55 per cent of Canadian small businesses say digital tools improved efficiency and saved time, and 37 per cent say they reduced errors – benefits too valuable to be left on the table due to complexity. But the principle applies far beyond any one initiative: if we want SMBs to thrive, we must stop assuming they’re ready to adopt tools built for enterprises.

AI is not the strategy but a lever. The question I often hear is “what’s the ROI on AI?” The better question is what do I care about, and how can technology help me spend more time on that? Do I care about getting paid faster? Retaining more customers? Spending less time reconciling payments? Then let’s focus on automation there.

Photo: 
Mikhail Nilov
Photo: Mikhail Nilov

Don’t fall in love with the tech. Fall in love with the problem. This is why the next wave of SMB innovation will come from simplifying the technology stack, connecting the dots, and making the right decisions easier to take. Getting back to purpose and prosperity.

We talk about entrepreneurship like it’s a heroic solo journey. In reality, it’s often one person doing five jobs, across ten apps, with twelve hours that should have been eight.

The opportunity here is less technical and more emotional. Imagine logging in and seeing your most urgent tasks already handled. Your insights surfaced for you. Your next move, clearer. That’s a quiet revolution already underway and it’s built on a single principle: Business owners should spend more time being owners, and less time being operators.

In our quest to counter the time thief, let’s stop asking ‘how do we use more AI?’ and instead, ‘how do we help more business owners get back to their purpose?’

Ciarán Quilty, Senior Vice-President for International at Intuit Bio

Ciarán is a technology and business leader with over 25 years’ experience in software, consulting and digital. Following global roles at Meta and Accenture, Ciarán now serves as Senior Vice President at Intuit running the company’s international business. His journey, from software engineer to commercial leader, has been anchored to one goal – empowering small and medium-sized businesses worldwide to thrive through technology. Ciarán is bringing this goal to life at Intuit through the power of AI and development of a platform that small and medium-sized businesses can rely on every day to run and grow their business, driving their revenue and profitability.

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Equifax Canada: Delinquency levels stabilize in Q2, but financial divide widens among Canadians

Photo: Andrea Piacquadio
Photo: Andrea Piacquadio

New insights from Equifax Canada Market Pulse Quarterly Consumer Credit Trends and Insights show early signs of stabilization in consumer credit performance in the second quarter of 2025. The improvements in credit health were more visible for mortgage holders while those with no mortgage, especially younger Canadians, continued to struggle with financial pressures. In Q2 2025, close to 1.4 million Canadians missed a credit payment — 7,000 fewer than last quarter – but still 118,000 more than a year ago, it said.

“While the overall delinquency rate appears to be leveling off, the underlying story is far more complex,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada. “We continue to see a growing divide between mortgage and non-mortgage consumers — and continued financial strain among younger Canadians, who are facing a slower job market and rising costs.”

Rebecca Oakes
Rebecca Oakes

The percentage of consumers who missed a credit payment during Q2 was nearly double for non-mortgage holders compared to mortgage holders (1 in 19 vs. 1 in 37). This gap has widened in recent years – shifting from non-mortgage holders’ missed payment levels being around 45 per cent higher than mortgage holders in 2019 to more than 96 per cent higher in the second quarter of 2025, said Equifax.  

Total consumer debt climbed to $2.58 trillion, marking a 3.1 per cent year-over-year increase, while average non-mortgage debt per consumer rose to $22,147, as households continue to feel the pressure of rising costs for vehicles, groceries, mortgages, and rent. Consumer spending on credit cards appears to be declining. When adjusted for inflation, the average credit card spend per consumer was over $2,100 in June, a 0.4 per cent decrease from June 2024, according to the report.

However, spending behaviour is different among various consumer groups. For individuals without a mortgage, spending levels have not dropped, but have instead seen a slight 0.14 per cent increase year-over-year. While non-mortgage holders continued to see higher spend levels than last year, mortgage holders saw a drop in credit card spending. This could suggest that financial pressures are impacting consumer groups differently, it said. 

As financial divide grows: Ontario & Alberta stand out with high delinquency levels 

“Regionally, Ontario continues to see the sharpest increases in missed payments on non-mortgage products, with a 90+ day balance delinquency rate of 1.75 per cent in Q2 2025. This is 15.2 basis points higher than the national average and an increase of 29.8 basis points from Q2 2024. These rises were particularly pronounced in Toronto, GTA and Hamilton regions, which saw increases of 36.8, 39.1 and 30.7 basis points, respectively. These areas are heavily impacted by high cost of living, economic uncertainty, and exposure to the auto and steel sectors,” noted Equifax.

“Alberta also experienced an annual increase in missed payments, with delinquency rates reaching 1.98 per cent in Q2 2025, which is 38.5 basis points above the national average and a 25.5 basis point increase from the previous year. Within Alberta, Edmonton, Fort McMurray, and Calgary all saw rises in delinquency rates (29.4, 37.1, and 26.3 basis points, respectively), each surpassing the provincial average. This trend is likely due to a recent population surge from inter-provincial migration, ongoing economic challenges, and Alberta’s high unemployment rate increase in July.

Photo: Mikhail Nilov
Photo: Mikhail Nilov

“Ontario and British Columbia continue to be the primary drivers of mortgage delinquency rates, which remain elevated despite a slight deceleration in their rate of increase. Conversely, mortgage missed payments in other Canadian regions are still below pre-pandemic levels. As of Q2 2025, Ontario’s mortgage 90+ day balance delinquency rate was 0.27 per cent and British Columbia’s was 0.19 per cent, reflecting year-over-year increases of 11 and 5 basis points, respectively. The rest of Canada experienced a modest 0.09 basis point year-over-year rise in the mortgage delinquency rate, with levels largely consistent with the previous year.”

“There is a difference in the financial stress that mortgage and non-mortgage consumers are experiencing, along with regional differences. In areas like Alberta, the gap between the two groups is much wider, with non-mortgage holders showing greater financial stress than their neighbours with mortgages. Conversely, in regions such as Ontario, both mortgage and non-mortgage consumers are experiencing substantial financial strain,” stated Oakes. 

Gen Z and Late Millennials are Feeling the Pinch

Consumers under the age of 36 are facing increasing financial difficulties. Their average non-mortgage debt has climbed to $14,304, marking a 2 per cent increase from Q2 2024. This group’s 90+ day non-mortgage balance delinquency rate has also risen to 2.35 per cent, representing a 19.7 per cent jump year-over-year and a 1.3 per cent increase from the previous quarter. This demographic is currently reporting some of the highest delinquency levels for both credit cards and auto loans, explained the report.

In contrast, the rest of the consumer population shows a different trend. Their delinquency rate saw a slight quarter-over-quarter decrease of 0.1per cent from Q1 2025. However, this is set against a larger trend of increased financial pressure, with delinquency rates up by 12.4 per cent year-over-year, it said.

“The affordability crisis seems to be hitting younger consumers the hardest,” added Oakes. “Between rising costs, employment uncertainty, and limited access to affordable credit, many are struggling just to stay afloat.”

Credit Demand Slows Despite Q2 Seasonality

Despite the typical increase in credit activity during Q2, new credit trades decreased, likely due to slower population growth and more cautious behavior from both consumers and lenders. New credit card originations fell 4.5 per cent year-over-year. The only growth was among super-prime consumers (those with a credit score of 750 or higher), suggesting tighter lending criteria, said Equifax.

“The mortgage market remains heavily influenced by renewals, with new originations rising 15.3 per cent year-over-year. This growth is largely a result of homeowners renewing or refinancing pandemic-era, low-rate mortgages, a trend that has surged by 27 per cent compared to the previous year,” it said.

“While overall first-time homebuyer activity increased by 1.8 per cent year-over-year, this growth was not uniform across the country. In major markets such as Ontario, British Columbia, and Alberta, the number of first-time buyers was lower than in 2024. This suggests a combination of a slow market and underlying financial strain for many consumers. Additionally, loan sizes are once again on the rise, further intensifying affordability pressures for borrowers. Average loan amount for first time home buyers was up 4 per cent from Q2 2024 and now sits close to $430K.”

Photo: Kaboompics.com
Photo: Kaboompics.com

Auto Loans Under Pressure as Prices Rise and Lending Tightens

Equifax said auto loan originations in Q2 2025 went up by 2.9 per cent year over year, largely limited to low-risk consumers, as lenders continue to tighten approval criteria standards. Nearly one in five applications (21 per cent) underwent multiple rounds of review — a sharp rise from just 10.5 per cent pre-pandemic. At the same time, the average loan amount of new auto loans climbed to $35,586, up $1,567 year-over-year, reflecting a renewed rise in vehicle prices due to uncertainty in the market. 

“Delinquency rates may be plateauing, but we’re not out of the woods yet,” added Oakes. “High vehicle costs, food inflation, and regional economic pressures — especially in Ontario and Alberta — continue to weigh on Canadian households. As younger consumers struggle with job market challenges and rising debt, we expect credit performance to remain a key issue for younger consumers well into the second half of the year.”

Age Group Analysis – Debt & Delinquency Rates (excluding mortgages)

AverageDebt(Q2 2025)Average Debt ChangeYear-over-Year(Q2 2025 vs. Q2 2024)Delinquency Rate ($)(Q2 2025)Delinquency Rate ($) ChangeYear-over-Year(Q2 2025 vs. Q2 2024)
18-25$8,4454.62%2.21%18.71%
26-35$17,5130.76%2.39%20.01%
36-45$27,1051.01%1.92%17.33%
46-55$34,7492.11%1.39%15.23%
56-65$29,3494.62%1.13%8.98%
65+$14,9343.47%1.11%1.56%
Canada$22,1472.30%1.60%14.31%

Major City Analysis – Debt & Delinquency Rates (excluding mortgages)

CityAverageDebt(Q2 2025)Average Debt ChangeYear-over-Year(Q2 2025 vs. Q2 2024)Delinquency Rate ($)(Q2 2025)Delinquency Rate ($) ChangeYear-over-Year(Q2 2025 vs. Q2 2024)
Calgary$24,2541.14%1.76%17.57%
Edmonton$23,7840.20%2.27%14.91%
Halifax$21,5461.97%1.96%14.29%
Montreal$17,2292.88%1.51%11.47%
Ottawa$19,7680.87%1.49%15.59%
Toronto$21,3503.08%2.20%20.08%
Vancouver$23,6183.51%1.30%11.95%
St. John’s$24,3531.78%1.50%3.80%
Fort McMurray$37,6090.75%2.59%16.69%

Province Analysis – Debt & Delinquency Rates (excluding mortgages)

ProvinceAverageDebt(Q2 2025)Average Debt ChangeYear-over-Year(Q2 2025 vs. Q2 2024)Delinquency Rate ($)(Q2 2025)Delinquency Rate ($) ChangeYear-over-Year(Q2 2025 vs. Q2 2024)
Ontario$22,8022.38%1.75%20.52%
Quebec$19,3112.41%1.10%6.81%
Nova Scotia$21,5812.32%1.65%4.98%
New Brunswick$21,8962.86%1.76%10.63%
PEI$24,0833.57%1.19%9.28%
Newfoundland$25,1743.32%1.59%5.82%
Eastern Region$22,5692.79%1.64%7.19%
Alberta$24,6590.78%1.98%14.77%
Manitoba$18,4873.48%1.71%3.81%
Saskatchewan$23,4781.34%1.75%5.69%
British Columbia$22,9232.83%1.40%10.47%
Western Region$23,1621.98%1.68%11.33%
Canada$22,1472.30%1.60%14.31%

* Based on Equifax data for Q2 2025

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Whole Foods to Anchor Landmark King Toronto Project

King Toronto. Rendering: King Toronto

Whole Foods Market will open a full-service grocery store at the base of the highly anticipated King Toronto development, bringing a major grocer to one of downtown Toronto’s fastest-growing neighbourhoods. The store will anchor the retail podium of the landmark mixed-use project, marking a first for the King West district, which has seen dramatic residential growth in recent years.

Situated on King Street West between Spadina Avenue and Portland Street, King Toronto is designed by internationally acclaimed Bjarke Ingels Group (BIG) and developed by Westbank and Allied Properties REIT, with construction by EllisDon. The development’s striking, pixelated green façade has already drawn global attention for its distinctive architecture and strong sustainability credentials.

Whole Foods King Toronto represents a pivotal retail moment for the neighbourhood. Until now, King West has lacked a full-service grocer, despite having one of the densest and most affluent residential populations in the city. The area is known for its vibrant dining, boutique retail, and proximity to major downtown districts, making it a sought-after urban address.

King Toronto. Rendering: King Toronto

Details of the Whole Foods Lease

The new store will span approximately 30,000 square feet, with 5,000 square feet at street level, and 25,000 square feet on the lower level for the main grocery operations. This configuration aligns with Whole Foods’ urban concept strategy, integrating community-oriented features alongside its core food offering.

The store will front directly onto King Street, with strong pedestrian visibility and a connection to The Well, a major mixed-use project to the south. Whole Foods is expected to take possession of the space later this year, with a grand opening targeted for February 2027. This is the company’s first new Canadian lease in more than six years and comes as part of a broader strategic plan under parent company Amazon.

Sam Winberg and Justin Pearlstein of Retail Ventures CND represent Whole Foods in lease deals. King Toronto’s retail, owned by Allied Properties REIT, is being handled by Carmen Siegel and associate Hannah Kinney of Cushman & Wakefield, according to marketing materials.

King Toronto. Rendering: King Toronto
King Toronto, August 2025. Photo: Dustin Fuhs/6ix Reail

Limited Grocery Competition

Despite significant residential growth in King West, the area has been underserved by grocery options. The nearest full-service stores include a Loblaws at Queen and Portland Streets and a Farm Boy at Bathurst and Front Streets, both a considerable walk from the heart of King Street West. Fresh & Wild on Spadina Avenue offers a smaller-scale selection but is not positioned as a full-service alternative.

Whole Foods King Toronto will fill a long-standing gap, catering to a demographic that includes young professionals, creatives, and affluent households, many of whom have invested in high-value properties in the area.

King Toronto. Rendering: King Toronto

King Toronto: A Visionary Urban Community

King Toronto spans nearly an entire city block, blending residential, retail, and public spaces. The project will feature around 500 condominium units, many with expansive terraces and city views. Several heritage buildings along King Street West have been preserved and integrated into the retail base, adding architectural character.

A central 21,000-square-foot public courtyard will anchor the site, offering seasonal markets, art installations, and public gatherings to encourage year-round community engagement. Retail space at King Toronto will total up to 180,000 square feet, with a mix of dining, wellness, boutique shopping, and cultural attractions. Additional tenant announcements are expected later this year.

Residential units at King Toronto. Rendering: King Toronto
King Toronto, August 2025. Photo: Dustin Fuhs/6ix Reail

Celebrity Residents and Luxury Living

The development has attracted global attention not only for its design but also for its residents. Music icon Elton John has purchased a penthouse in King Toronto, adding to his collection of homes worldwide. Canadian singer Shawn Mendes is also known to reside in the area. Their presence underscores King West’s growing reputation as a hub for high-profile residents.

Nearby, luxury real estate continues to push boundaries. Large loft units on Wellington Street reach approximately 5,000 square feet, and a penthouse two blocks from the site is currently listed for nearly $25 million.

King Toronto. Rendering: King Toronto

A Strategic Retail Vision

Whole Foods King Toronto will serve as a cornerstone in the retail mix for the project, signalling the type of high-quality tenants expected to follow. Leasing is focused on curating a selection of wellness, hospitality, and boutique offerings to complement the grocery anchor.

King Toronto’s location ensures strong connectivity to surrounding districts. The Well, just to the south, brings over one million square feet of commercial space and hundreds of residential units. To the north, Waterworks Food Hall adds further dining and retail choice. A new Equinox fitness club is also opening on Bathurst Street within another mixed-use development.

With increasing density, investment, and interest from global brands, King West is becoming a self-contained hub within downtown Toronto. The arrival of Whole Foods King Toronto marks a major step in shaping the neighbourhood’s next chapter.

King Street Toronto, August 2025. Photo: Dustin Fuhs/6ix Reail

Whole Foods to Close Two Toronto Locations

While the new King Toronto store signals growth for the brand in the downtown core, Whole Foods is also scaling back elsewhere in the city. The company recently announced that it will close its Yonge & Sheppard Centre and Leaside locations in Toronto.

The Yonge & Sheppard store is reportedly shutting down due to high rent costs, while the Leaside location has been described as underperforming. Both closures will take place this summer. Staff at the affected stores were informed shortly before the public announcement, marking a swift transition for the retailer.

At the same time, Whole Foods is said to have a broader Canadian expansion strategy that includes opening new store locations in major markets. More details on these planned openings are expected to be announced in the months ahead.

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ChatGPT Outsold My Entire Sales Team – Here’s the Prompt That Did It

It started as an experiment. I wanted to see if ChatGPT software could build a sales email sequence better than my top reps. What I didn’t expect was that it would close more deals – and do it in half the time. One prompt later, my inbox was full of warm leads, and my sales team was asking for the exact template.

ChatGPT for high-converting outreach

The advantage isn’t that ChatGPT writes faster – it writes with context. It analyzes target profiles, recent industry news, and product value propositions, then crafts emails that read like they were written by someone who’s done months of research.

Prompt that changed everything:

“Write a 5-part cold email sequence for [target audience] selling [product]. Each email should reference a specific pain point in [industry], build urgency without hype, and end with a clear, low-friction call-to-action.”

This sequence outperformed my best-performing template by 46% in reply rate.

ChatGPT for follow-ups that don’t feel automated

The key to closing is follow-up – and most CRMs send messages that scream “automation.” ChatGPT software personalizes them based on the recipient’s last reply, their company’s latest news, or even a recent LinkedIn post.

Prompt to try:

“Write a follow-up email for a prospect who opened but didn’t reply to my last message. Reference their recent [event/product/news], and position our solution as directly relevant.”

These follow-ups feel like genuine check-ins, not scheduled reminders.

Perplexity AI for spotting sales opportunities

Finding prospects is one thing – knowing which ones are ready to buy is another. Perplexity AI company scans industry announcements, hiring trends, funding news, and competitor moves to identify accounts likely to be in-market.

Prompt to try:

“Find 15 companies in [industry] that have recently raised funding, launched new products, or expanded into new markets. Summarize the trigger event and suggest a sales angle for each.”

This pre-qualified list means every outbound email lands with relevance – and the conversion rate proves it.

Combining both inside Chatronix

Running ChatGPT software and Perplexity AI inside Chatronix turns prospecting and outreach into one seamless workflow. I feed Perplexity’s research into ChatGPT, generate a custom sequence for each segment, and have everything ready to send in minutes.

Chatronix lets me run this in parallel with other top models like Claude language model, Gemini, and Grok chatbot. I can compare outputs, merge the best ideas, and skip the tab-switching chaos. With 10 free requests, turbo mode, and side-by-side comparisons, it’s the only setup I’ve found that actually speeds up both thinking and execution. See it here: multi-model AI sales hub.

ChatGPT and Perplexity AI prompts for sales dominance

Lead warming

“Create a personalized intro email for [prospect] that references their company’s recent [achievement/news] and frames our product as a solution to [pain point].”

Trigger-based pitch

“Write a short pitch for [product] aimed at companies that have recently [hiring/funding/product launch]. Keep it under 100 words, with a soft close.”

Competitive switch

“Draft an email targeting customers of [competitor], focusing on our unique differentiators and offering a migration incentive.”

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>6.92 billion people are about to have access to ChatGPT through their phones.<br><br>But yet, the average person still has no clue how to prompt ChatGPT properly.<br><br>The top 12 ChatGPT prompts that will save 100 hours &amp; make cash money <a href=”https://t.co/GwUZBqWoWi”>pic.twitter.com/GwUZBqWoWi</a></p>&mdash; Tulsi Soni (@shedntcare_) <a href=”https://twitter.com/shedntcare_/status/1931657354170536143?ref_src=twsrc%5Etfw”>June 8, 2025</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

Table: How ChatGPT software + Perplexity AI company beat the old process

TaskOld Process TimeAI-Powered TimeConversion Lift
Prospect list building2–3 days1–2 hours+30% qualified
Email sequence creation1 day20–30 min+46% replies
Follow-up personalization4–5 hours/week30–40 min/week+22% closes

Why this works better than a traditional sales stack

Sales tools are built to manage volume, not quality. The combination of Perplexity AI company’s predictive targeting and ChatGPT software’s tailored messaging flips that script. Instead of blasting 1,000 generic emails, you send 100 that feel hand-crafted – and get more deals with less noise.

The playbook is simple:

  1. Use Perplexity AI company to spot accounts with real buying signals
  2. Feed that context to ChatGPT software
  3. Generate personalized, multi-step sequences in minutes
  4. Review, send, and track – with human oversight where it counts

With this setup, you’re not replacing your sales team – you’re giving them superpowers.

DreamSofa DreamSleeper™, DesignXChange™ and the New Era of Sustainable Retail Innovation

The retail industry today faces the twin challenges of rising consumer expectations and the urgent need for sustainable business practices. As shopping habits evolve and shoppers demand more from the brands they trust, retailers who innovate with purpose are thriving. DreamSofa, a recognized pioneer in the furniture retail sector, exemplifies this movement through its groundbreaking product lines—DreamSleeper™ and DesignXChange™—that deliver in-demand features like customizable comfort, sustainability, and superior design while reshaping how furniture retail caters to consumers.

DreamSleeper™: Revolutionizing Comfort with Sustainability at its Core

At the heart of DreamSofa’s revolutionary approach is the DreamSleeper™ collection, a range of sofas engineered with performance, customization, and longevity in mind. Unlike typical sofas that are disposed of once cushions or coverings wear out, DreamSleeper™ sofas feature an industry-leading lifetime cushion upgrade program, reducing waste drastically by cutting landfill contributions by two tonnes per year. The ability to upgrade cushions extends the lifespan of the sofa dramatically, addressing one of the key environmental challenges in furniture retail—the high rate of furniture disposal due to worn-out seating comfort.

This program not only benefits the environment but also empowers consumers to invest in quality pieces that adapt alongside their living spaces and needs, fostering long-term relationships between brand and customer. The result is a retail proposition that supports both business growth and environmental responsibility, embodying the circular economy principles that are increasingly influential in retail.

DesignXChange™: The Future of Customizable and Sustainable Furniture

Building on DreamSleeper™’s success, DreamSofa launched the DesignXChange™ platform, a transformative approach to furniture customization and sustainability. This initiative offers removable, upgradeable slipcovers, allowing consumers to refresh the aesthetics of their sofas without replacing the entire piece. This approach not only extends product life cycles but offers consumers the freedom to adapt furniture styles to evolving trends or personal tastes at a fraction of the cost and environmental impact of purchasing new furniture.

The slipcovers are crafted in the United States using zero-VOC finishes, ensuring that the materials used contribute to healthier indoor air quality—a significant concern for today’s health-conscious consumers. This commitment to eco-friendly materials supports DreamSofa’s pledge to sustainability and safe living environments, further elevating the brand’s positioning in a market where authenticity and environmental stewardship increasingly drive purchasing decisions.

US Craftsmanship: Merging Tradition and Innovation

DreamSofa’s dedication to US-crafted quality combines traditional craftsmanship with innovative manufacturing techniques, ensuring that every piece meets rigorous standards for durability, comfort, and eco-friendliness. This approach not only supports local economies but aligns with the growing retail trend towards transparency, origin story, and ethical sourcing, which consumers value highly.

The use of local, sustainable materials and finishes avoids the carbon footprint associated with long supply chains, a factor that is becoming increasingly critical in retail logistics and product marketing. By emphasizing US craftsmanship, DreamSofa reinforces a heritage of quality while addressing modern sustainability imperatives—a dual appeal that resonates powerfully in today’s retail ecosystem.

Retail Industry Impact: Meeting Consumer and Market Demands

DreamSofa’s innovations exemplify several key retail trends shaping 2025 and beyond:

  • Sustainability as a Sales Driver: With consumers prioritizing brands that demonstrate environmental responsibility, DreamSofa’s lifetime cushion upgrade and removable slipcovers reduce waste significantly—demonstrating measurable sustainability impact that can be a compelling differentiator in retail.
  • Customization and Personalization: Today’s consumers seek products tailored to their lifestyles. The DesignXChange™ platform meets this demand by allowing style evolution and upkeep without full replacement, increasing customer satisfaction and loyalty.
  • Health and Safety Consciousness: Materials with zero VOCs address a critical consumer concern about indoor air quality, reinforcing product value beyond aesthetics and function.
  • Local Manufacturing Preference: Crafting products in the US aligns with consumer preferences for transparent sourcing and supporting local economies, providing an edge over imports and mass-produced alternatives.

A Prototype for Retailers in All Segments

DreamSofa’s approach is a noteworthy case study for furniture retailers and beyond. The combination of product durability, upgradeability, environmentally conscious material choices, and local manufacturing demonstrates an effective blend of innovation and responsibility that aligns with the evolving values of consumers.

Retailers looking to future-proof their offerings can draw valuable lessons from DreamSofa’s model:

  • Integrating sustainability as a core product feature rather than an afterthought enhances brand credibility and market relevance.
  • Empowering consumers with upgrade options extends product life cycles and fosters repeat engagement without resorting to disposable business models.
  • Emphasizing local craftsmanship and eco-friendly materials addresses growing consumer expectations around origin and health impact.

Challenges and Opportunities Ahead

While DreamSofa’s innovations set high standards, challenges remain industry-wide. Scalability of customized product lines requires supply chain agility and advanced inventory management, areas where technology integration can play an enabling role. Additionally, educating consumers on the value of upgradeable furniture over traditional disposable models involves strong retail marketing and experience design.

However, the opportunities for retailers embracing such models are substantial: improved sustainability metrics, increased customer lifetime value, and differentiation in crowded markets. As retail continues to pivot towards experiential commerce and brand authenticity, DreamSofa’s practices provide a compelling blueprint for success.

DreamSofa is not merely selling sofas—they are crafting a sustainable retail experience that aligns with modern consumer values and ecological imperatives. By championing lifetime upgrades, removable slipcovers, and zero-VOC finishes all crafted within the USA, DreamSofa embodies the future of retail innovation—where product longevity, customization, and environmental stewardship converge to deliver products that truly matter.

For retail professionals seeking to innovate, adapt, and thrive in a rapidly changing market, DreamSofa’s DreamSleeper™ and DesignXChange™ stand as inspiring examples of how to turn sustainability and design excellence into competitive business advantage.

Savile Studio Brings Curated Market Concept to Toronto’s Roncesvalles

Savile Studio in Toronto. Image supplied

A growing trend in Toronto’s retail landscape is the rise of independent, highly curated boutiques that combine fashion, art, and lifestyle products under one roof. One standout example is Savile Studio, a 1,800-square-foot retail concept located at 173 Roncesvalles Avenue, blending eclectic design with a strong focus on community engagement and accessibility.

Founded in March 2024 by Anita Mursic, Savile Studio was created to offer a more thoughtful alternative to existing retail models. “There were a lot of market-style concepts that felt like you walked into a shop that went to IKEA, bought a bunch of shelves, and said, ‘Hey, you guys wanna put your stuff on our shelves?’” said Mursic in an interview with Retail Insider. “On the other end, there were upscale vintage stores that felt exclusive and out of reach. We wanted to create something different.”

Anita Mursic

The name Savile Studio takes inspiration from Savile Row in London, synonymous with craftsmanship and individuality. That ethos runs through the entire concept. Inside the store, customers find a blend of original artwork, curated vintage apparel, and handcrafted jewelry displayed in a space that feels inviting and authentic. 

“We’ve chosen unique pieces of furniture, many inspired by antiques, to make the shop feel more like an eclectic boutique than a traditional market,” explained Mursic.

The goal was to make Savile Studio more than a store. It’s a creative hub designed to highlight independent makers and give shoppers access to unique products at accessible prices. “There’s no point in being a museum,” said Mursic. “We want people to come in, love what they see, and be able to take it home.”

Savile Studio in Toronto. Image supplied

Building a Community of Makers

Savile Studio operates on a collaborative model, bringing together local artists and artisans, as well as curators who source one-of-a-kind items from across the globe. “We like to call the people we work with our designers and makers versus vendors,” Mursic said. “We’ve got women who go to Europe and bring things back. One of them is a flight attendant, so you can imagine the incredible finds she sources.”

The assortment includes handmade gold-filled and sterling silver jewelry, statement pieces crafted with Venetian glass, and meticulously restored vintage Coach handbags. There are also estate finds, antique sterling platters, depression-era glassware, and even rare Canadian goose decoys. “Every time you come in, there’s something new,” Mursic said. “People love that.”

This eclectic mix resonates with customers who value originality and sustainability. The store’s emphasis on quality and thoughtful curation sets it apart in a competitive retail landscape. “Transparency and supporting our makers are priorities,” Mursic noted. “That commitment has helped us build trust. Now, most of our new applications come through word of mouth.”

Savile Studio in Toronto. Image supplied

A Retail Concept Driven by Design and Experience

For Mursic, the leap into retail came after years of working in customer experience design for major corporations in banking and insurance. “My background is in designing customer and user experiences, not websites, but real service design,” she said. “Those skills translated well because retail is all about creating an experience. But managing a marketplace with multiple vendors and inventory is complex. There’s a lot happening behind the scenes.”

Her experience in optimizing customer journeys is evident throughout Savile Studio. Every detail, from the curated product assortment to the store layout,  is intentional. “I wanted the space to feel welcoming, not intimidating,” Mursic explained. “We play jazz music, keep the lighting soft, and make sure it smells amazing. People walk in and instantly feel relaxed.”

This focus on sensory engagement helps differentiate Savile Studio from many retail concepts that prioritize speed over experience. “Shopping here should feel like a discovery,” she said. “It’s about slowing down, finding a unique piece, and learning the story behind it. That connection is something online shopping can’t replicate.”

Savile Studio in Toronto. Image supplied

Why Roncesvalles?

The decision to set up shop in Roncesvalles Village was a mix of research and serendipity. Known for its European charm and strong community feel, Roncesvalles has become a destination for independent retailers, cafés, and cultural events. “We looked at a few spaces, but when we saw this one, it felt right,” said Mursic. “It didn’t need much work, and we loved the neighbourhood vibe.”

Roncesvalles has undergone significant revitalization in recent years, attracting new businesses while preserving its heritage. The area remains home to Polish bakeries and delicatessens, alongside artisanal coffee shops and specialty retailers. It’s a street where old-world tradition meets modern creativity, making it an ideal setting for Savile Studio’s curated concept.

In-Store Experience Over E-Commerce

Unlike many retailers racing to build e-commerce platforms, Savile Studio has opted to remain firmly rooted in physical retail. While the team occasionally fulfills requests through Instagram, shipping remains rare. “We’ve shipped a few things, but managing returns and logistics isn’t feasible for us right now,” said Mursic. “Our focus is on creating an in-store experience where people can take their time, discover something special, and connect with the story behind each piece.”

To enhance that experience, the store features a carefully chosen scent, and presents merchandise in a way that feels immersive without being overwhelming. “People lose track of time in here,” Mursic said with a smile. “They linger, and that’s exactly what we want.”

Savile Vintage Clothing Studio in Toronto. Image supplied

Looking Ahead: Expansion Plans

Savile Studio has seen strong community support since its opening in March 2024, and Mursic is now considering growth opportunities. “We’d like to open another shop or two in the next year,” she shared. While plans remain in the research phase, Toronto is likely to remain the focus for future locations. “We want to grow thoughtfully and maintain the same level of curation and quality,” Mursic emphasized.

For now, the original Roncesvalles location continues to attract loyal locals and curious tourists alike, including a visitor from Scotland who recently purchased an antique Canadian goose decoy and had it shipped home. “Stories like that remind us we’re creating something meaningful,” Mursic said.

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Independent convenience stores call for action to help local stores stay open

Exterior of Kim's Convenience store. Photo: Google

As Canada prepares to mark National Convenience Week in the last week of August, the United Korean Commerce & Industry Association of Canada (UKCIA) is calling on Canada’s Health Minister to meet with convenience industry representatives regarding overregulation of the industry.

“Increasing overregulation – such as the federal ban on nicotine pouches in convenience stores – is hurting honest retailers while fuelling the illegal market. Nicotine pouches are a Health Canada approved smoking cessation product, but since their removal from convenience store shelves, independent store owners estimate losing an average of $75,000 in gross sales per store annually. Customers openly tell retailers that these products are now readily available through illegal sellers,” said the Association in a news release.

“By banning legal, controlled sales in licensed convenience stores, the federal government has handed the black-market a near monopoly on a product designed and approved by Health Canada to help Canadians quit smoking. That’s bad for public health, bad for small business, and bad for community safety.  Convenience stores have not just lost the sale of nicotine pouches; they have lost the foot traffic that leads to a bag of chips or a bottle of pop.  For many UKCIA members $75,000 in gross revenue is the difference between survival or closing their doors.”

The United Korean Commerce Industry Association of Canada (UKCIA) represents over 2000 independent convenience store owners across Canada, advocating for fair regulation, safe communities, and the success of small business entrepreneurs.

“Across Canada, independent convenience stores are more than just neighbourhood shops – they are trusted community hubs. Store owners and their employees build lasting relationships with customers, watch out for local safety, and uphold strict age-verification practices for products such as lottery tickets, alcohol, and tobacco. UKCIA members and their affiliates have built their businesses on the principles of responsibility, fairness, and service,” said the Association.

“Yet, as highlighted in a recent commentary from a Toronto store owner, these values are being tested.

“UKCIA is calling on Canada’s new Health Minister, Marjorie Michel, to meet with convenience industry representatives to understand the significant impact her predecessor’s unilateral decision has had on small businesses across Canada. 

“At a time when economic uncertainty is at its peak, small business owners need all the help possible to stay afloat. The industry hopes the new Health Minister recognizes the power she has to support small businesses in this country and repeal her predecessor’s irrational and insulting ministerial order that unfairly targeted small business owners.

The Association said reinstating these sales of pouches in convenience stores would:

  • Provide adult smokers with easier access to a federally approved cessation product.
  • Allow small businesses to recover significant lost revenue and foot traffic in their stores.
  • Reduce the growing illegal nicotine market offering unregulated products without requiring proof of age.

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Urban Barn celebrates Atlantic Canada debut with new store in Dartmouth, Nova Scotia

Photo: Urban Barn
Photo: Urban Barn

Urban Barn, a Canadian-owned furniture and décor retailer, has opened its first location in Atlantic Canada.

The new store, located at Dartmouth Crossing (45 Lemlair Row, Dartmouth), officially opened its doors Aug. 14, bringing the brand’s design for real life to the East Coast for the very first time.

The Vancouver-based company opened its first location in 1990 and now operates 54 stores from coast to coast.

Ainslie Fincham

“We’re incredibly excited to welcome all customers into our newest location,” said Ainslie Fincham, Director of Marketing at Urban Barn. “Urban Barn was founded on the belief that home is where life unfolds—where everyday moments become meaningful. Our furniture and décor are designed with this philosophy in mind, offering versatile, well-crafted pieces that reflect real, lived-in homes.

“We’re proud to finally bring our brand to Atlantic Canada. Opening in Dartmouth Crossing allows local shoppers to explore our curated collections firsthand and find inspiration that reflects both their lifestyle and their space.”

Founded in Vancouver in 1990, Urban Barn has grown into a beloved national brand with over 54 locations across Western Canada, Ontario, and Quebec, supported by a team of more than 650 employees.

“With a focus on stylish, approachable design and a strong commitment to Canadian values, the company continues to expand while staying true to its roots,” says the company.

While the store is now open to customers, Urban Barn will host an official grand opening celebration on Saturday, August 23. The event will feature exclusive giveaways, in-store promotions, and special touches inspired by local Nova Scotia brands, offering a warm and distinct East Coast welcome to new customers.

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Photo: Urban Barn
Photo: Urban Barn

Back-to-school shopping source of financial stress this year: NerdWallet (Video)

Photo: Max Fischer
Photo: Max Fischer

According to a new NerdWallet Canada survey, conducted by The Harris Poll, nearly one in five Canadian parents of K-12/college kids (19%) say they intend to spend $1,000 or more on back-to-school shopping this year.

But the upcoming Back-to-School season is likely to be a source of financial stress for many Canadian parents. The usual annual shopping trip is set to become a burden as families contend with already high inflation and the potential impact of new 35% tariffs, which could further strain their budgets.

To try to find the best prices, NerdWallet Canada recommends that parents practice price matching for the best deals.

Shannon Terrell
Shannon Terrell

NerdWallet personal finance expert Shannon Terrell  said it is that time of year, again, back to school shopping has begun and NerdWallet Canada found that Canadian parents expect to spend $669 on average for back to school purchases.

Now, important to note that is the average, and in fact, some parents told NerdWallet they expect to spend quite a bit more. Nearly one in five said they are going to spend $1,000 or more on those back to school supplies.

Terrell said the next question she has when she thinks about these numbers is: How are we paying for these purchases? Well, 70% of Canadian parents told NerdWallet they expect to lean into credit tools like credit cards and buy now, pay later programs to help cover those back to school purchases. What’s also interesting is where folks plan to shop, 45% say they will be shopping on online marketplaces.

Terrell said 22% told NerdWallet they planned to go to secondhand and thrift stores, and 17% will be going to social media marketplaces to get those back to school supplies. And of course, top of mind for so many Canadians right now is the developing tariff situation, and parents are no exception as 89% of Canadian parents told NerdWallet that they planned to take action for back to school shopping this year as a result of tariffs and economic uncertainty.

Saving money is important and this back to school shopping season is likely going to come down to a few strategic shopping strategies. Price matching couponing apps and maximizing those credit card rewards could be game changers.

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