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Commerce in the Age of Generative AI [Video]

Mario Toneguzzi -
Darrell MacMullin of Mastercard says that generative AI’s development in commerce over the next five to seven years with the convergence of five key trends.
Main Archive

New Retail Relevancy Report Unveils ‘Smart Spending’ as Dominant Consumer Mindset in Canada

Mario Toneguzzi -
Financially stretched consumers are shifting spending patterns according to the report, which also discusses industry dynamics that are changing and could leave some retailers behind.
Main Archive

Broader Shift in Consumer Spending in Canada Towards Experiential Activities [Report/Expert Interview]

Mario Toneguzzi -
Steve Sadove of Mastercard goes over recent numbers showing a cautious Canadian consumer around retail, while foodservice businesses are "killing it" in terms of growth post-pandemic.
Main Archive

Canadian Retail Sales Expected to Increase More than 20% from Pre-Pandemic for Holidays [Report/Interview]

Mario Toneguzzi -
Steve Sadove says that consumers are spreading things out this year, shopping earlier and later for a variety of reasons that have some retailers baffled.
Main Archive

Canadian Consumer Spending Sees Boost in August as Retailers Prepare for Fall/Winter [Study/Interview]

Mario Toneguzzi -
Retailers are now grappling with excess inventory as they head into the fall with concern on the horizon according to one expert.
Main Archive

Canadian Consumer Spending at Retailers Remains Consistent for July Amid High Inflation: Mastercard Study

Mario Toneguzzi -
A new report by Mastercard SpendingPulse provides insights into challenges for consumers who are shifting due to a variety of factors following the pandemic.
Main Archive

Digital Main Street Expands Partnership with Mastercard to Support Canadian Small Retailers and Businesses: Interview

Mario Toneguzzi -
John Kiru, Executive Director of the Toronto Association of BIAs and Founder of Digital Main Street, said the partnership has been “critical in ensuring that we are bringing industry leading resources and opportunities to businesses across the country.”
Main Archive

Retailers See Boost as Canadian Consumer Spending Rises in Q1 2022: Report/Steve Sadove Interview

Mario Toneguzzi -
A rise in spending saw spending return to pre-pandemic levels in stores while ecommerce continues to maintain traction after incredible pandemic growth.
Main Archive

‘Contactless’ Delivery Becomes New Normal in Canada Amid COVID-19

Mario Toneguzzi -
Foodservice and retailers are going to contactless delivery as a way to have at least some cash flow to keep operational during these turbulent economic times.
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