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Canadian Tire sees 400% increase in ecommerce but records second quarter loss

  The company recorded online sales up 400% to C$600 million, beating the entire total ecommerce sales for all of 2019 Canadian Tire also recorded increased retail sales for the second quarter of this year, up 1.7% to nearly C$4.4 million. Excluding petroleum sales, overall retail sales rose 9.3% Despite this though, the company suffered…

Ecommerce Marketing

Nearly half of all Canadian Christmas shopping will be done online due to ecommerce boom, according to predictions

Deloitte’s Holiday Retail Outlook has predicted that 44% of Christmas shopping done in Canada will be online. The predictions, correlated from 1000 surveyed Canadians, also sees a continued move away from brick and mortar stores over the holiday period This has led many delivery companies, including FedEx and Canada Post to bring in additional workers…