Italian luxury brand Moncler is the latest to join the massive shopping centre with retailers such as Louis Vuitton, Balenciaga and Gucci. The mall’s first luxury store, Tiffany & Co. is also marking 10 years.
Garf discusses a report showing a 9% decline in Canadian e-commerce growth, indicating a consumer expectation for discounts in the upcoming months. He discusses a consumer shift and how retailers can address it.
The innovative space combines a grocery store, café, and food hall with nine diverse stations, introducing a fresh dining experience and contributing to the growing trend of European-style market halls in Canada.
Canadian consumers are gearing up for a resilient holiday season, with a survey revealing an increase in holiday spending compared to the previous year — that includes a notable resurgence in in-store shopping, particularly among Gen X and Gen Z.
Mastermind Toys' recent entry into creditor protection underscores the changing dynamics of retail success, challenging the effectiveness of traditional strategies. An expert says the retailer needs to focus on transformative experiences.
Suzanne Sears highlights the challenges faced by new Canadians in the job market, emphasizing the need for retailers to recognize the large pool of highly educated, underemployed individuals in the Canadian workforce.
The conversation explores potential challenges for retailers, including concerns about exploiting pay bands to avoid transparency and the possibility of increased costs and necessary adjustments in compensation. The discussion also highlights the return of baby boomers to part-time retail positions.
The space serves as a smaller-scale entry into retail, with plans to expand to a flagship store in Vancouver allowing the brand to directly engage with customers and showcase its full range of products, including collaborations with other brands.
A study identified four distinct consumer groups based on psychological traits, each displaying unique purchasing habits influenced by factors like fear of embarrassment and fear of missing out. Understanding these consumer motivations can help retailers.
Factors such as universities returning to normal, employees going back to offices, new retailers, and diverse experiences in the area, has led to lower vacancies following challenges due to the pandemic.
Craig and Lee discuss the differences and similarities in the retail scenes of Vancouver and San Francisco. They explore store closures, the impact of poverty on retail, rising retail crime, and the resilience of high-end retailers in these cities.