Despite persistent inflation and recession fears, Canadians are prioritizing value and smart shopping this holiday season. Trends include earlier spending, AI-powered gift searches, and a shift toward experiential gifts, says Deloitte.
Survey predicts flat K-12 spending with parents seeking early discounts, prioritizing value and convenience, and adopting new shopping strategies while retailers face challenges.
A rise in e-commerce and a shift in consumer preferences is expected to shape grocery retail in this country, negating the need for large-format warehouse formats.
A report by Deloitte sets out five critical changes that mall landlords, retailers, and the entire industry must embrace to protect the sector and keep Canadians coming back into stores.