The cost of just about everything in Canada was more expensive in September, pushing headline inflation to its highest in almost two decades and complicating the Bank of Canada’s plans to keep interest rates pinned near zero until well into 2022. Prices are being driven higher around the world by an extreme mismatch between supply and demand. Suppliers are now scrambling to catch up, clogging ports and other transportation lanes that are dealing with their own pandemic-related issues. (Financial Post) Here are some experts from McGill University that can provide comment on this issue: John Gradek, Faculty Lecturer, School of Continuing Studies “When images of empty store shelves and container ships in queues off major ports become ubiquitous, something is definitely amiss in supply chain design and execution. To better understand the root causes of these unsettling and persistent glimpses of chaos, one must examine the purchasing behavior of the consumer and the subsequent product
McGill University receives $5M in funding from Quebec government to drive retail innovation and research
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McGill University
McGill University’s Bensadoun School of Retail Management will receive $5 million in funding to drive retail innovation and research, and support the province’s small and medium-sized enterprises (SMEs). As part of the provincial government’s economic recovery plan in response to the COVID-19 pandemic and its new digital transformation initiative, the funding from the Quebec Ministry of Economy and Innovation will be provided over four years to scale up interdisciplinary research activities, foster retail talent, establish professional development programs, and conduct knowledge transfer for Quebec SMEs.
“We are delighted to receive this vital support, which will enable us to help rebuild and strengthen a key sector of our economy at such a critical time,” said Professor Saibal Ray, Academic Director of the Bensadoun School of Retail Management. “I would like to thank the Government of Quebec for investing to help shape the future of retail and for the
The Tare Shop is part of a new wave of package-free stores aiming to minimize the environmental impact of shopping for groceries and everyday goods. Rather than simply reducing packaging waste or ensuring it s recyclable, the goal is to eliminate it altogether. Everything from food and body care products to home cleaning and stationery goods is available in bulk to be purchased with a reusable container. The package-free retail trend fits into a broader zero-waste lifestyle movement seeking to encourage more sustainable and mindful shopping habits, and it shows no signs of abating due to the pandemic. Stores such as Pepler s are building on norms from natural food stores that have long allowed customers to use their own containers for products like dried beans and grains.
HALIFAX - Customers at The Tare Shop in Halifax are creative with their containers: Some use classic jars but others reuse yogurt containers, pots and pans or even empty glass liquor bottles.
Kate Pepler, owner and founder of The Tare Shop, stands in front of her products in Dartmouth, N.S. on Wednesday, Jan. 20, 2021. There is a growing retail trend of stores allowing customers to bring their own reusable containers and Pepler is supporting the effort to create more sustainable packaging options. THE CANADIAN PRESS/Andrew Vaughan
HALIFAX - Customers at The Tare Shop in Halifax are creative with their containers: Some use classic jars but others reuse yogurt containers, pots and pans or even empty glass liquor bottles.
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