Restaurants face a great reset, thanks to COVID-19

Canada’s food service industry has suffered. But the pandemic may be exactly what it has been waiting for to make things better

Restaurants face a great reset, thanks to COVID-19It was certainly a year to be forgotten for the food service industry. Statistics Canada numbers told us this week that food service sales dropped a whopping 32 per cent from the fourth quarter of 2019 to the same period in 2020. The food retail/service ratio, a key metric to assess how important food service…

Three key elements to succeed in sales

Treat others the way you would like to be treated, know why you’re selling and put together a good plan that you’re willing and able to follow

Three key elements to succeed in salesLike many entrepreneurs and sales professionals, I’ve been selling since I was a teenager. Over the years, I’ve hawked worms, newspapers, pins, chocolate bars and books door to door, knives and lamps on street corners, vitamins and herbs in retail and online, and, eventually, advertising, as well as coaching services and training to companies. I…

October retail sales in Alberta end two-year slide

An increase of 0.4 per cent came after retail sales in the province had fallen below levels last reported in August 2017

October retail sales in Alberta end two-year slideRetail sales in Alberta reached $6.7 billion in October, up 0.4 per cent from the previous month, according to a report released Friday by Statistics Canada. The federal agency said the increase came after retail sales in the province had fallen below levels last reported in August 2017. “Despite the gain, the level of retail…

Celebrate more this Christmas, worry less about business

This year, stop rushing through the holidays long enough to let your thoughts be diverted from the burdens of work to the joyfulness of the season

Celebrate more this Christmas, worry less about businessWhat do we miss by rushing through the celebrations and skipping the festivities of the Christmas season? At the end of the year, many people celebrate holidays like Christmas or Hanukah, New Year’s Eve or Festivals of Lights. Even if you aren’t religious, you probably celebrate Christmas with gifts or family gatherings and large meals.…

The dollar store invasion gains momentum

Dollar stores in Canada sold well over $2 billion worth of food last year. And given how aggressive dollar stores are, that could double quickly

The dollar store invasion gains momentumA visit to any dollar store is something to remember: the bright lights, aisles filled with things you may or may not need, and the distinctive smell. If we had to create a smell that mixes plastic with China, the smell in a dollar store would be it. It’s not overly appetizing but a greater…

Canadians thinking green for holiday shopping

And fewer consumers plan to shop on Black Friday and Boxing Day this year, according to Accenture survey

Canadians thinking green for holiday shoppingEnvironmentally friendly products will account for about one-third of Canadians’ spending this holiday season, according to the eighth annual Holiday Shopping Survey from Accenture. But they will be spending a little less money this year on average. “With increased awareness about the climate crisis, it’s no surprise that responsible retail matters now more than ever,…

Alberta new vehicle sales sluggish

Sales have been falling every month since August 2018: ATB

Alberta new vehicle sales sluggishA slow economy continues to dampen the number of new vehicles being sold in Alberta, according to ATB Financial’s Economics and Research Team. In its daily economic update The Owl, the financial institution said the seasonally adjusted number of new vehicles purchased in Alberta was down by 6.1 per cent in September compared to a…

Lowe’s Canada closing 34 stores – 6 in Alberta

The six stores in Alberta that will close early in the new year are mostly former Rona outlets that Lowes says are underperforming

Lowe’s Canada closing 34 stores – 6 in AlbertaLowe’s Canada is closing 34 of its what it call “underperforming” stores across Canada including six in Alberta. "While making decisions that impact our associates and their families is never easy, closing underperforming stores is a necessary step in our plan to ensure the long-term stability and growth of our Canadian business," said Tony Cioffi,…

Canadians increasingly embrace Black Friday

Study clearly shows consumers continue to enjoy shopping in physical stores: Retail Council of Canada

Canadians increasingly embrace Black FridayIt may be tied to an American holiday but increasingly Canadian consumers are doing their shopping on Black Friday. According to the Retail Council of Canada's (RCC) second annual Holiday Shopping Survey, which was released on Tuesday, 43 per cent of Canadian consumers plan to open their wallets on Black Friday, Nov. 29, the day…
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