As inflation stabilizes, a new type of consumer has emerged, marked by value consciousness digital savviness, and a preference for experiences over material goods.
THE CANADIAN PRESS/Cole Burston
With inflation finally starting to stabilize in Canada, a new type of consumer has emerged, marked by value consciousness, digital savviness and a preference for experiences over material goods.
China has a lot of vacant retail space, including many underused shopping malls. An urban policy scholar describes how the Chinese are rethinking what the mall is for.
Who does what chore can be a major source of tension in many households. Our survey of same-sex couples and their routines revealed four key strategies that can help lighten the load for everyone.
High prices for groceries, housing and entertainment are leaving shoppers with reduced funds as the holiday season descends upon us.
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Pared-down packaging designs send a subtle yet powerful message of purity to shoppers – and they’re willing to fork over more cash for these goods, regardless of the actual number of additives.
People tend to ‘panic buy’ in times of crisis, which often leads to shortages of essential items.
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Understanding the traits of different customer groups can help shoppers and businesses serve their communities more ethically and effectively, especially in times of crisis.
Different shoppers have different priorities, but some shops and services are ranked as important across the board.
Buy now, pay later loans target low-income, tech-savvy Gen Z and millennial consumers under the guise of improving financial inclusion for these groups.
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The lessons the retail industry learned during the pandemic will continue to shape department store strategies and guide their transformation in the future.