A pullback in credit and debit card spending across Canada continued in the second quarter of 2018, with growth of 3.3 per cent marking the lowest quarterly increase in nearly four years, according to a report by payments processor Moneris. The results come amid high household debt and rising interest rates, and mirror recent Statistics Canada data showing that retail sales in April fell 1.2 per cent — the largest drop in more than two years.
New research from IDC Canada finds that Canadian executives need to embrace digital transformation and risk-taking to remain globally competitive, and the rate of adoption varies widely when it comes to major tech trends. Some sectors of the economy, notably retail, are at risk of falling behind, IDC Canada found, with 77 per cent of retailers having no strategy for innovation. “Building Success in the Digital Economy” is based on interviews 31 representatives from Canadian enterprises with revenue of more than $500 million, supplemented by other insights from IDC Canada, a firm specializing in market intelligence in the technology sector.
It’s a rapidly emerging business model where entrepreneurs operate multiple delivery-only food businesses from a network of kitchens that often don’t serve walk-in customers
Based on a similar program in the U.K., the new campaign will offer tips on food storage, meal planning and smarter shopping habits to reduce food waste