Statistics by eMarketer show that ecommerce grew 20.7% in 2020, a total of CA$52.04 billion, making up 8.1% of all retail sales in Canada A reluctance to visit brick and mortar stores due to the pandemic and the convenience offered by online shopping propelled ecommerce to new heights. It is expected that in retail and…
Several online market stores have started recently as “digital localism” sees increased numbers turn to online shopping whilst also whisking to purchase from local brands Kitchener Market and St Lawrence Market in Toronto have both recently established themselves online with customers able to order from multiple vendors with sites such as Le Panier Bleu, Ma…
A study looking into consumer spending on food sales saw significant rises to meat alternatives and plant based substitutes sales. The former saw a rise of 129% in 2020 when compared to the first 9 months of 2019 According to the Sustainable Brands 2020 survey, 75% of those surveyed found that the pandemic had made…
Google is to begin enforcing price accuracy from April 6th, which will see all merchant sites to display the same price they show on their landing page then what they display at the checkout Stores caught violating this are subject to a 28-day warning before being suspended by Google at the end of the period…
A study by market research company International Data Corporation found that the effects of Covid-19 caused over 70% of small businesses to accelerate the move to online selling The data, which was taken from small businesses in Canada, France, Germany, UK and the US among others, showed that Canadian businesses have been quick to make…
St. Lawrence Market has teamed up with Toronto-based delivery service Inabuggy to give customers new ways to shop with the small businesses that make up the market Kitchener Market has made a similar move, announcing last monday that it was opening a online store offering over 500 products, including fresh fruit, cheeses and meats Both…
The Canadian Federation of Independent Business (CFIB) has published their newest report, looking into cyberattacks towards small businesses in 2020 and steps that should be taken to protect against attacks Since March 2020, 5% of businesses have been the victims of a successful attack, which could mean roughly 61,000 small and mid-sized businesses across Canada…
Walmart is accelerating the expansion of the Walmart Media Group, as it looks to become the main destination for omnichannel advertising in Canada Now renamed as Walmart Connect Canada, it is looking to continue its growth that it saw through 2020 and reflect its evolved mission of connecting customer with brands This follows Walmart’s large…
New research puts 65% of global consumers being influenced by social media when making a purchasing decision, with previous customer photos playing a big role The research, which was conducted by Bazaarvoice, a product reviews and user generated content solutions company, has revealed several visual and social content factors that influences purchases Nearly 3/4 of…
The number of ecommerce users worldwide raised significantly in 2020 with a 9.5% increase from the prior year, according to new data from Finaria This puts the global figure roughly at 3.4 billion people who shopped online last year. However, Finaria expects this number to climb again next year The estimate is predicting a 10%…