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Is Now the Time of Online Shopping?
Home Improvement Sales Online Rise, With Retailers Recording Massive Growth
The Rise of Shopify: From Unknown to Unstoppable
E-Commerce & Consumer Trends During Coronavirus
Research – COVID effects on ecommerce

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Ecommerce sales hit new record as Canadian custome

Ecommerce sales hit new record as Canadian customers flock to online shopping
Source
https://www.ctvnews.ca/business/consumers-flocked-to-online-shopping-as-pandemic-hit-with-e-commerce-sales-up-99-per-cent-1.5037581

⚪ A report by Statistics Canada found sales hit a record C$3.9 million in May as shoppers move to online as measures to combat Covid-19 were placed into effect

⚪ This is a 99.3% rise from February of this year. Ecommerce sales have more then doubled compared to last year, an increase of 110.8%

⚪ In contrast, the report highlights the fall in revenue for retail stores as people stay away from traditional stores, with a decrease of 17.9%

⚪ The report found that all 11 main retail sectors with ecommerce revenue saw sales increase

#ecommerce #onlineshopping #business #trends #canada

Sobeys to have C$2.1 million investment over next

Sobeys to have C$2.1 million investment over next 3 years to expand ecommerce and renovate stores
Source
https://www.theglobeandmail.com/business/article-sobeys-parent-empire-investing-21-billion-over-three-years-to/

⚪ Sobeys parent company, Empire Company Ltd, will invest the money to grow its ecommerce business as it looks to drive up C$500 million in earnings

⚪ The company plan, dubbed 'Project Horizon', was set to be announced in May, but was put on hold and adjusted due to effects if the pandemic and the steep rise in ecommerce activity

⚪ As well as owning Sobeys, Empire also has an array of other grocery chains, of which it has announced several new store locations

#ecommerce #onlineshopping #groceryshopping #business #sobeys #online

Alternate payment start-up Affirm partners with Sh

Alternate payment start-up Affirm partners with Shopify
Source
https://www.cnbc.com/2020/07/22/affirm-shopify-partner-on-interest-free-zero-fee-online-shopping.html

⚪ Affirm allows for customers to pay for products in instalments. "Shop Pay Instalments" will be rolled out later this year and allows for payments to be broken into four equal bi-weekly segments.

⚪ Affirm CEO Max Levchin, who is also one of the founders of PayPal, said that they had seen "unbelievable traction on Shopify already"

⚪ Shopify has seen large growth since the start of lockdown as many small and medium business turn to the ecommerce platform as stores are forced to close

⚪ The Canadian company have said that the payment option will be available to all Shop Pay customers.

#ecommerce #onlineshopping #marketing #onlinepayment #business

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