The Canadian retail space was given a wake-up call early this year, with a number of key players closing shop. Target Canada is clearly the most talked about departure, with a write-off estimated at over $5.4 billion, and 133 Canadian retail locations that will likely be closed within 16 to 20 weeks, leaving over 17,000 associates unemployed.Read More
Having navigated through all the turmoil of the past decade, CEOs whose job is to steer a company to profits and growth still have plenty of worries top of mind.
Executives have a lot to think about when it comes to running a profitable, growing business. And certainly, every Procurement Director, Brand Manager, VP Marketing, or Buyer touching a brand are faced with 100 reasons to fear inventory issues. In the absence of a crystal ball, many have spent a few sleepless nights worrying about a plethora of market uncertainties:
I don’t have an excess inventory problem. Is Corporate Trade right for me?
The answer is yes, you can use Corporate Trade without an excess inventory problem, so long as you have an annual advertising budget of $500,000 and up.This is a common question I run into with customers, so today’s blog focuses on the subject of Bartering without inventory. Caveat: if you’re not yet familiar with Corporate Trade, I recommend you read the following blog post, and watch this video to get a basic understanding.
n around offices; it’s up there with “synergy”, “cross-departmental problem-solving”, and “paradigm-shifting”. Enterprise risk management: what does it really mean?
With Corporate Trade growing in popularity as a strategic business solution, there are a few things every business leader should be aware of when entering into their next Corporate Trade deal.
Putting your Cash to Better Use
When it comes to managing inventory and supply chains in today’s competitive world, Canadians have it tough. With over 5,000 kilometers from coast to coast and a highly decentralized population spread across 9,984 square kilometers of land, it’s not always easy to have the right inventory at the right place at the right time.
This weekend in Toronto I’ll be pulling out my golf clubs earlier than ever to head to the driving range to get my swing in shape for an extended golf season thanks to the “winter that never was”. A recent article by Marina Strauss of the Globe and Mail outlined the effect that the weather has had on retailers forced to discount winter seasonal merchandise and scramble to get their hands on spring and summer merchandise inventories.