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.
Are you trying to reach Canadian shoppers? A little insight into their purchasing habits can really help retailers with their sales and marketing plans. Strategy Online recently posted insights into how Canadian consumers think. These include: Although 71 per cent of Canadians say they enjoy shopping, many (47 per cent) want it done quickly and … Continue reading What motivates Canadian shoppers?