��ֱ�� News - Retail

AI Is Good for Us: A Microsoft-sponsored white paper

webfull — Wed, 11 Sep 2024 18:09:19 +0000

AI has become an omnipresent topic of discussion in our daily lives, both professionally and personally. While much has been written on the challenges, risks, and pitfalls of AI (and the strong need to regulate its development and deployment carefully), it's also important to highlight its numerous benefits and positive impacts on society and the economy.

Published: 11 September 2024

Luxury Royalmount Mall opens amid excitement and concerns

webfull — Fri, 06 Sep 2024 18:13:10 +0000

Montreal’s long-awaited luxury shopping mall Royalmount officially opened on September 5. The project, which spans 800,000 square feet, and features stores like Gucci, Versace, and Louis Vuitton, aims to attract diverse shoppers from all walks of life with an “inclusive luxury” concept. While excitement is high, concerns exist over traffic and accessibility.

Published: 6 September 2024

Retail Gen AI Hackathon is one part of ALDO Group’s artificial intelligence efforts

webfull — Thu, 25 Jul 2024 19:26:30 +0000

Generative artificial intelligence promises to transform the way business is done, but in most industries, it’s still unclear exactly how it will be used. Footwear retailer ALDO is working with Montreal’s cluster of AI talent to explore how to leverage this emerging technology. In October 2023, ALDO staged its first Retail Gen AI Hackathon in partnership with the Bensadoun School of Retail Management and Amazon Web Services. The event offered over $10,000 in prizes to teams that worked collaboratively to devise generative AI solutions to real world retail challenges.

Published: 25 July 2024

Pricing models for fitness memberships often hide hidden fees

webfull — Mon, 15 Jul 2024 18:05:10 +0000

Gym memberships come with varying price tags and fee structures that can be confusing. Often, a membership contract can come with unanticipated charges. In addition to monthly fees, some charge for signing up, cancellation costs, and annual dues, which is why it is important to do research before signing up, according to Bensadoun School of Retail Management Executive Director Charles de Brabant. “You don’t necessarily understand the natural pitfalls until you fall into them,” he tells The Globe and Mail.

Published: 15 July 2024

Even in challenging times for department stores, Quebec-based Simons is expanding

webfull — Tue, 09 Jul 2024 18:37:28 +0000

The rise of e-commerce decimated the business of department store chains, with names like Nordstrom pulling out of Canada altogether. But, department store chain Simons recently announced it is opening two new stores in Toronto. The Quebec City-headquartered retailer has slimmed-down offerings, with no in-store furniture sales or fragrance counters and lots of private label clothing brands.

Published: 9 July 2024

Bensadoun School of Retail Management sheds light on understudied sector of the economy

webfull — Thu, 13 Jun 2024 18:19:59 +0000

From Walmart to Amazon to Shopify, the retail sector is big business and incredibly important for the economy. However, there is little retail-specific education available, according to Charles de Brabant, Executive Director of the Bensadoun School of Retail Management (BSRM), in an interview with Paula Macaggi for the OFFbounds podcast.

Published: 13 June 2024

Integrated Management Student Fellowship (IMSF) at the DataSphere Lab: Shaping Tomorrow's Leaders

webfull — Thu, 02 May 2024 15:08:02 +0000

This year, the DataSphere Lab was privileged to welcome two exceptional students through the Integrated Management Student Fellowship (IMSF) program: Chloe You, a third year student studying Finance and Statistics, and Ruo-Ying, a Business Analytics major.

Published: 2 May 2024

Embracing Retail Innovation: ��ֱ��’s Master of Management in Retailing Explores Dubai

webfull — Fri, 26 Apr 2024 17:08:00 +0000

��ֱ��’s Master of Management in Retailing (MMR) students have returned from an enlightening journey through Dubai's dynamic retail landscape. Led by industry experts, the week-long study trip provided unparalleled insights into retail strategy and innovation in the Gulf region.

Published: 26 April 2024

Temu’s low prices are drawing in consumers despite product quality issues

webfull — Thu, 14 Mar 2024 16:44:20 +0000

The online marketplace Temu, launched in 2022, has become one of the most downloaded apps in North America. The platform is known for ultra-low prices, though the quality and safety of the products it sells are sometimes suspect. “If I understand their business model correctly, they sell products at a loss, and make money from the data they collect,” said Bensadoun School of Retail Management (BSRM) Executive Director Charles de Brabant in an interview with Radio-Canada.

Published: 14 March 2024

Montreal’s La Vie en Rose is wise to take a gradual approach to U.S. expansion

webfull — Tue, 20 Feb 2024 19:18:33 +0000

Lingerie retailer La Vie en Rose operates in 20 countries, but they haven’t expanded to the neighbouring United States – until now. The Montreal-headquartered company is opening three stores in New York state, with an eye cast toward operating nationwide one day. But with a more crowded market for lingerie in the United States, they’re taking a cautious approach.

Published: 20 February 2024

����ֱ�� News - Retail