COVID-19 has challenged the retail models we've known for so long. In Canada alone, eCommerce sales in May 2020 reached a record CAD $3.9 billion - a 2.3% increase over April, and almost double the eCommerce sales for February (CAD…
Consumer packaged goods (CPG) manufacturers share the same goal: to successfully bring their products to new markets. Doing so requires a bit of planning and research. Nielsen recently published the essential steps to getting a product on new shelves, and…
Read More Things to consider when bringing your product to a new market.
Because Thomas Insights has you covered. The business world already had its toes in the online water but thanks to COVID-19, we've all been forced to plunge right into the deep end. There's really no need to worry about failing…
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…
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…
