The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024.
61% say they are experiencing ‘financial whiplash’ as shifting conditions repeatedly disrupt their financial plans, while 74% say rising prices for essentials like food and gas are straining their finances.
83% of Gen Z Canadians say stores with social or community features make them feel more connected, and more than half (52%) have chosen a retailer specifically for its third-space experience.
With 73% of businesses covering shipping mishap losses out-of-pocket, learn how merchants can regain control of last-mile logistics to manage costs and meet rising consumer expectations.