With inflation finally starting to stabilize in Canada, a new type of consumer has emerged, marked by value consciousness, digital savviness and a preference for experiences over material goods.
Articles on retail industry
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The lessons the retail industry learned during the pandemic will continue to shape department store strategies and guide their transformation in the future.
Retail stores change the prices of their products based on the shopping habits of consumers. But consumers come in a variety of types, and not all of them influence prices equally.
The perspective that U.S. retailers are somehow more prone to failure than Canadian retail chains is unconvincing, but the Canadian retail landscape is challenging for newcomers.
A sales and marketing formula based on a broad range of clothing for all ages at reasonable prices over many years is difficult to change.
Top contributors
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Professor, Logistics, Business and Public Policy, University of Maryland
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Professor of Fashion Marketing, Nottingham Trent University
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Assistant Professor, Faculty of Business, University of New Brunswick
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Associate Professor, Department of Economics and Business, Universitat Pompeu Fabra
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Associate Professor, John Molson School of Business, Concordia University
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Assistant Professor, Retail Management, Toronto Metropolitan University
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Distinguished Professor of Economics and Finance, University of Toronto
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Professor of Marketing, University of Toronto
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PhD Student in Supply Chain Management, University of Maryland
