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  • Strategy & Growth 213
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6 Reasons Why Big Box Retailers Pose a Threat You Should Worry About
6 Reasons Why Big Box Retailers Pose a Threat You Should Worry About

While everyone is focused on Amazon, at times to their detriment, a formidable set of competitors is rising.

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Tricia McKinnonOctober 30, 2020Strategy & GrowthComment
The Top 10 eCommerce Trends Making an Impact
The Top 10 eCommerce Trends Making an Impact

If you are interested in the top trends leading eCommerce retailers are capitalizing on then read on.

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Tricia McKinnonOctober 28, 2020eCommerce, TrendsComment
How Amazon Makes Money In Ways Other Retailers Do Not
How Amazon Makes Money In Ways Other Retailers Do Not

Perhaps Amazon’s greatest accomplishment is not how many Prime subscribers it has (150 million and counting) but its ability to make billions of dollars in profits.

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Tricia McKinnonOctober 27, 2020Amazon, Strategy & GrowthComment
10 Ways to Market Your Retail Business Cheaply
10 Ways to Market Your Retail Business Cheaply

Try these ten inexpensive ways of marketing your products that other retailers have used with great success.

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Tricia McKinnonOctober 21, 2020Strategy & GrowthComment
5 Growth Opportunities in Retail Worth Investing In
5 Growth Opportunities in Retail Worth Investing In

While 2020 is a challenging year for the retail sector and the world as a whole there are some bright spots.

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Tricia McKinnonOctober 20, 2020Strategy & GrowthComment
Store Design Trend to Watch: More Convenient Store Formats
Store Design Trend to Watch: More Convenient Store Formats

What will the store of the future look like? A mix of high and low end tech to make the shopping experience more convenient is the best path forward.

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Tricia McKinnonOctober 5, 2020TrendsComment
Despite eCommerce Surge in Canada, Stores Dominate Generating 95% of Sales in July
Despite eCommerce Surge in Canada, Stores Dominate Generating 95% of Sales in July

Online sales as a percentage of total retail sales in Canada peaked in April at 9.5%. Since then online sales have fallen to $2.8 billion in July, or 4.8% of total retail sales.

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Tricia McKinnonSeptember 22, 2020eCommerce, CanadaComment
The Top 10 Fastest Growing Retail Categories in Canada
The Top 10 Fastest Growing Retail Categories in Canada

While clothing and accessories sales grew strongly in July compared to June they are down significantly year over year.

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Tricia McKinnonSeptember 21, 2020Trends, Canada
Is Shopify the Next Amazon? How it's Closing the Gap
Is Shopify the Next Amazon? How it's Closing the Gap

If you want to know how Shopify has become a multi-billion dollar company, consider these strategic moves which has set it up for success.

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Tricia McKinnonSeptember 17, 2020Strategy & Growth, Canada Comment
Private Equity’s Impact on Retail, Why People are Concerned
Private Equity’s Impact on Retail, Why People are Concerned

If you are curious about private equity and how it has impacted retailers and the sector at large read on to learn more about four key areas of concern

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Tricia McKinnonSeptember 11, 2020Strategy & GrowthComment
10 of the Fastest Growing eCommerce Retailers to Watch
10 of the Fastest Growing eCommerce Retailers to Watch

Best Buy’s eCommerce sales increased by 242% in the second quarter versus last year as customers working and learning at home stocked up on the new essentials: laptops and tablets.

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Tricia McKinnonSeptember 8, 2020eCommerceComment
4 Compelling Lessons Learned from Apple’s Strategy
4 Compelling Lessons Learned from Apple’s Strategy

If you are curious about how Apple has created enormous value for its shareholders consider these four lessons that can be learned from Apple’s strategy.

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Tricia McKinnonAugust 31, 2020Strategy & Growth Comments
The Top 10 Fastest Growing Retail Categories in the United States
The Top 10 Fastest Growing Retail Categories in the United States

Categories like sporting goods are experiencing double digit gains over last year while categories like clothing and accessories struggling.

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Tricia McKinnonAugust 17, 2020Trends
The Top Retail Trends in Canada in 2020 to Watch
The Top Retail Trends in Canada in 2020 to Watch

Overall Canadian retail sales are expected to decline by 6.2% in 2020 more than twice the decline experienced during the 2009 global recession.

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Tricia McKinnonAugust 11, 2020Trends, Canada Comments
How Retailers Like Starbucks Use AI to Improve the Customer Experience
How Retailers Like Starbucks Use AI to Improve the Customer Experience

Starbucks is one of many retailers using AI to provide better customer service and an enhanced customer experience

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Tricia McKinnonAugust 5, 2020Customer Experience, Trends
The Top 10 Fastest Growing eCommerce Categories
The Top 10 Fastest Growing eCommerce Categories

It’s not surprising that the fastest growing category of online purchases in the United States is food and beverages.

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Tricia McKinnonAugust 4, 2020Trends, eCommerceComment
How 4 Beauty Brands Are Using Digital to Increase Sales during COVID-19
How 4 Beauty Brands Are Using Digital to Increase Sales during COVID-19

As the beauty world tries to navigate through new waters here are some of the solutions retailers have put in place to get customers shopping again.

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Tricia McKinnonJuly 29, 2020TrendsComment
The Categories with the Highest eCommerce Penetration
The Categories with the Highest eCommerce Penetration

It probably doesn’t come as a surprise that one of the most purchased items online are books.

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Tricia McKinnonJuly 28, 2020eCommerceComment
The Top 8 Categories with the Highest Expected Store Closures
The Top 8 Categories with the Highest Expected Store Closures

UBS in a recent research note to its clients estimates that between now and 2025, 100,000 retail stores could close in the United States

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Tricia McKinnonJuly 27, 2020Strategy & Growth, TrendsComment
How 4 Retailers are Pivoting During COVID-19
How 4 Retailers are Pivoting During COVID-19

Here are four initiatives that retailers have recently launched because the pandemic presented a unique set of opportunities they could not ignore.

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Tricia McKinnonJuly 13, 2020TrendsComment
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