Other news: IKEA launches 24/7 collection lockers in Canada, Läderach chocolate goes virtual, Gosselin opens Montreal flagship store, Eataly partners with Embassy and Italian Trade Commission on promotion.
Retail Insider counts well over 700 retail locations that will shutter early on this year amid a shift in consumer preferences and an otherwise challenging time for the industry. At the same time, some analysts expressed optimism as new concepts open and expand in Canada.
Carl Boutet explains how brands establishing direct relationships with consumers has had a profound impact on the industry both in Canada and beyond. He discusses ‘winners and losers’ as well as what is in store for the 2020’s.
The Swedish home furnishings giant is targeting urban consumers with small-format retail showroom concepts in an effort to gain market share amid increasing competition. Small urban stores could be rolled out across Canada in the coming years.