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Canadians cut retail spending in August
Oct. 24, 2008 - Canadian consumers reeled in their spending habits a little further in August as retail sales dipped 0.3 per cent to $35.9 billion.
Relief on the way for B.C. small businesses
Oct. 23, Vancouver - Retail Council of Canada (RCC) and its thousands of members across British Columbia applaud the provincial government for their support of B.C. small business in a new economic plan announced by Premier Gordon Campbell.
Small business set to outperform in downturn
Oct. 23, 2008 - According to a new report by CIBC World Markets, many small and medium-sized businesses are poised to outperform the rest of the economy as it emerges from the impending recession because their flexibility allows them to move quickly to capitalize in areas of accelerating growth and make cost-saving adjustments. The Financial Post reports. | READ MORE
Retail industry expert offers holiday sales predictions
Oct. 23, 2008 - Canadian retail industry expert Wendy Evans recently spoke with The Globe and Mail's Report on Business. Evans shares her predictions on what the retail market will look like this season in a podcast. Report on Business.com reports. | READ MORE
Price cuts reveal the fears of retailers
Oct. 23, 2008 - Many retailers are watching the economic crunch with the same mixture of horror and dread gripping consumers and wonder whether shoppers will stay away in droves during what is traditionally the busiest shopping period of the year between Thanksgiving and Christmas. Many are slashing prices in hopes of attracting customers. The Financial Post reports. | READ MORE
Coalition calls for moratorium on fee increases and new premium cards
Oct. 20, 2008 - Today, as Canada kicks-off Small Business Week, Retail Council of Canada and its StopStickingItToUs coalition representing over 120,000 Canadian businesses encourage federal political leaders to address the more than $4.5 billion in hidden credit cards fees Canadians pay each year.
U.S. holiday shoppers planning to make a budget and check it twice
Oct. 16, 2008 - U.S. consumers plan to spend an average of $832.36 on holiday-related shopping, up a paltry 1.9 percent over last year’s $816.69, according to the NRF. This represents the lowest increase in planned consumer spending since the survey began in 2002.
U.S. retailers report sluggish September sales
Oct. 16, 2008 - With economic pressures hindering consumer spending, retail sales continued to lag in advance of the holiday season. According to the National Retail Federation, retail industry sales for September decreased 0.7 percent seasonally adjusted from last month, while increasing 1.4 percent unadjusted year-over-year.
Cause marketing makes for good sales
Oct. 16, 2008 - You might expect that cause marketing would be the kind of intangible, feel-good advertising to get axed in a recession. Instead, quite the opposite is true, as major marketers, from retailers such as Sears, Target and OfficeMax to package-goods players such as General Mills and P&G, find that cause efforts actually help persuade weary consumers to spend. AdvertisingAge.com reports. | READ MORE
Come see us at Garden & Florist Expo
Oct. 16, 2008 - This year's Garden & Florist Expo will be at the Toronto Congress Centre from Oct. 21-22. Stop by our booth number 909 and say hello!