Experts believe that the rise in ecommerce has caused a significant change in how Canadians spend and have warned of potential supply shortages with a second wave of Covid-19 The Retail Council of Canada did clarify that this shortage would not be panic buying of groceries or toilet paper. Instead, they point towards backlogs on…
Spotify, Match, Epic Games Inc and 10 other organizations have formed the Coalition for App Fairness, in an attempt to push both Google and Apple into making changes to their app stores The coalition has set forth a series of “App Store Principles”, several of which take aim at current policies used by Google and…
Bank of Montreal has signed a deal with Google to offer digital chequing accounts through Google Pay The Toronto based company is one of 8 to join the initiative that was launched last November. A launch date for this service has not been announced. The move comes as Google looks to capitalize on the growth…
The partnership will see Yotpo users able to access UPS shipping at a discount This deal will also see customers of UPS’s Customer Technology Program (CTP) able to use Yotpo’s ecommerce marketing platform Yotpo joins a host of ecommerce platforms that have signed on with the CTP program since its inception in 2003 Tomer…
42% of Candian people asked have reduced their use of cash, whilst the rate was 22% in the U.S. The survey done by marketing consultants McKinsey also found that the rate of people using online payments has increased rapidly, with 23% saying that after the pandemic they will use branches less. Canadians move to online…
The rapid rise in online shopping in Canada has led to many companies wanting more warehouse space to ship from Online sales increased 120% across the country as the pandemic causes more people to shift to shopping online Industrial real estate has thrived amidst this boom, with Summit Industrial Income REIT seeing a 62%…
The worlds largest retailer will spend the money over the next 5 years as it aims to strengthen its ecommerce business The company has seen a massive surge in demand for its online services. Due to the pandemic, many shoppers are still extremely cautious at returning to stores Part of the investment will also see…
Sobeys parent company, Empire Company Ltd, will invest the money to grow its ecommerce business as it looks to drive up C$500 million in earnings The company plan, dubbed ‘Project Horizon’, was set to be announced in May, but was put on hold and adjusted due to effects if the pandemic and the steep…
A report by Statistics Canada found sales hit a record C$3.9 million in May as shoppers move to online as measures to combat Covid-19 were placed into effect This is a 99.3% rise from February of this year. Ecommerce sales have more then doubled compared to last year, an increase of 110.8% In contrast, the…
The company has announced the figure amidst a change in customer shopping habits during Covid-19 lockdown. Unilever has said its performance shows the companies “strength and agility” The turnover of the company for the first 6 months of 2020 stands at €25.7 million (C$42.4 million), down 1.6% from last year The company, which owns brands…