Other News: House of Vans event goes online for the first time, Black Suede Studio launches footwear line, Paris Jewellers supports Indigenous women, Cadillac Live hosts first virtual Canadian International Auto Show.
Business bankruptcies expected when government support ends says CIBC’s Tal, Quebec retailers eager to reopen even if by appointment only, Rosedale in Toronto becoming ‘cool’ retail area, Very Good Butchers opening downtown Victoria flagship, and other news.
Other News: New Zealand's Whittaker’s Chocolate expanding into Canada, Lee Valley Tools appoints COO as President, District Ventures Accelerator and Kitchen announces board to support Canadian Entrepreneurs, Canada Plastics Pact launches to tackle plastic pollution.
Other News: Diesel opens only Canadian store at Yorkdale, Frank And Oak looks to international expansion after acquisition, Oxford Properties supports food banks, interview with Muji President, King & Bay innovates to fight the spread of COVID-19.
The unique company’s ‘demo stores’ act as a brand activation that also drives consumers to Dyson’s wholesale channels. It’s a model other retailers may consider amid COVID-19 downsizing.
Retailers and other businesses will be able to continue to get government support to rehire employees while still receiving benefits on a sliding scale, seeing support from major associations.
The Canadian company is offering a platform to help business owners get what they need without using money while getting full value for idle inventory and spare capacity.
During “normal” times, credit provides a means for consumers and businesses to make purchases and investments when they’re short on cash. If used responsibly, credit cards can also be a good way to accumulate travel rewards and take advantage of cashback deals. Sadly, these are anything but “normal” times.
As the month of May progresses, delays in applications and payouts to support for small and medium sized businesses could soon result in catastrophe, coupled with many landlords either not qualifying or choosing to participate in the program.
The upscale French bakery and sweets maker unveiled its transactional website in the spring, and it’s seeing tremendous uptake as physical stores remain closed temporarily.
Retail Council of Canada is working with a consultancy to develop a framework to prepare for the reopening of stores across the country when the COVID-19 crisis is finally over.
Lee Rivett toured Vancouver’s downtown core and its boarded up storefronts. Some businesses in the area are already saying that they will never reopen.
Prime Minister Justin Trudeau announced Friday that the federal government has reached an agreement to implement the Canada Emergency Commercial Rent Assistance (CECRA) which could help save the economy.