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.
Cutting back on pricier food items and focusing on more affordable staple foods could help consumers deal with rising food costs, but these strategies affect brand loyalty.
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Developers have overbuilt office and commercial space in US cities for decades. Now, in the wake of pandemic shutdowns, many downtowns face hard choices about the future.
Returns cost companies billions of dollars in lost sales. They also generate emissions and packaging waste. Two logistics experts offer some tips from psychology for more sustainable returns.
A woman walks by a closed store in a shopping mall in Montréal, in January 2022, during the COVID-19 pandemic.
THE CANADIAN PRESS/Graham Hughes
The lessons the retail industry learned during the pandemic will continue to shape department store strategies and guide their transformation in the future.
Retailers’ costs for managing returns are rising.
Ronny Hartmann/picture alliance via Getty Images
We need a comprehensive code of conduct that ensures the long-term sustainability of the industry, while also protecting consumers in the event of future supply imbalances.
Dancers at Star Garden in LA have voted for union representation.
Mario Tama/Getty Images
Young motivated employees are pushing the movement for union representation among US workforces. Is it time for management to get on board?
More and more consumers are engaging in showrooming, the practice of visiting brick-and-mortar retail stores to research a product before buying it elsewhere at a lower price.
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Retail stores change the prices of their products based on the shopping habits of consumers. But consumers come in a variety of types, and not all of them influence prices equally.
Public-facing automation, like self-service kiosks, reduce the chances we have to interact with other people.
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Self-service technologies — like self-checkouts or government service kiosks — are decreasing interactions with other people. This may affect our politics and sense of community.
Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country.
THE CANADIAN PRESS/Nathan Denette
The perspective that U.S. retailers are somehow more prone to failure than Canadian retail chains is unconvincing, but the Canadian retail landscape is challenging for newcomers.
Several UK retailers announced better than expected sales over the Christmas period.
Nejron Photo/Shutterstock
A public relations move by Loblaw Companies is just the latest in a long line of big business antics stretching back to pre-Confederation fur trade in Canada.
Interim Director, UWA Public Policy Institute; Associate Professor & Programme co-ordinator (Masters of Public Policy), The University of Western Australia