The secondhand market is growing fast. According to a 2019 report from ThredUp, the resale market has grown 21 times faster than the retail apparel market over the past three years, and the secondhand market is expected to reach $51 billion by 2023. It's become so popular that it now has its own modern name: … Continue reading A deeper look into the secondhand market.
Canadian consumers are among the world's heaviest Internet users, and embrace E-commerce. Canada has a population of close to 38 million people, and a gross domestic product (GDP) of just over CAD $55,000 per capita. Approximately 82% of the population have access to the Internet, leaving a consumer market opportunity of over 30 million people. … Continue reading E-commerce is driving business in Canada.
Using a third-party sales platform offers opportunities to increase sales revenue. These systems are designed to save time and money, a business’s two most essential assets. Canada is an incredibly vast landscape, with a population of more than 37.5 million people concentrated primarily in four provinces – Ontario, Quebec, British Columbia and Alberta. In fact, … Continue reading The benefits of third-party sales platforms.
Leger held its 2019 WOW Customer Experience Retail Monitor awards here in Toronto last Thursday morning, and we were there to learn the winners' names - and more about the ever-evolving Canadian retail landscape. Retailers from many categories (such as grocery, pharmacy, convenience and dollar) were rated on markers including service, selection, price, store, and customization … Continue reading A good week to look at retail.
Were you at last week's Canadian Restaurant & Bar Show? We were. We've mentioned before how trade shows are an important part of any market entry strategy - they offer participants a chance to network and trade knowledge with others in the sector, and discover new products and services that can help their businesses grow. … Continue reading Scenes from the Canadian Restaurant & Bar Show.
