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Retail Sales –
Canada –
December
2020
PAUL YOUNG CPA CGA
FEBRUARY 19, 2021
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
Agenda
 USA vs Canada (Retail Sales)
 Canada Retail Sales by Segment / September 2020
 Canada Retail Sales by Province / September 2020
 Canada / eCommerce
 Global eCommerce
 Issues facing Retail
 Retail Council / 2021 Federal Budget
 Canada Retail Sales Bankruptcies / Reorganizations
 Home Renovations
 Amazon
 Cannabis Stores / Canada
 Automation
 Sales Forecasting
 Supply Chain
 Cash Flow Management
 Risk Analytics / Retail
 Planning Analytics and Cognos Analytics
USA vs Canada – Retail Sales
Retail Sales by Segment
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm
Retail Sales by Province
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm
eCommerce Sales / Canada
Source - - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm
• Top eCommerce companies / Canada - https://www.goodfirms.co/ecommerce-development-companies/ca
• Mergers/Acquisitions - https://www.retail-insider.com/retail-insider/2021/01/canadian-ecommerce-company-
emerge-sees-significant-growth-through-website-acquisitions/
Global
eCommerce
Source -
https://dazeinfo.com/2020/08
/04/global-e-commerce-sales-
to-reach-3-9-trillion-in-2020-
report/
Issues facing Retail
Source - https://linchpinseo.com/common-challenges-facing-the-retail-industry/
1. Digital interruption
2. Finding Technological Solutions
3. Maintaining your customer base
4. Evolving customer expectations
5. Modern marketing
6. Inspiring and retaining employees
7. Effective internal communications
Retail Council / 2021 Federal Budget
Source - https://www.retailcouncil.org/advocacy/advocating-for-retailers-rccs-recommendations-for-the-2021-
federal-budget/
Retail
Bankruptcies
and
Reorganizations
Source - https://www.retail-
insider.com/retail-
insider/2020/8/mass-
bankruptcies-and-store-
closures-expected-in-canada-
by-early-2021-experts
Home
Renovations
 Home renovations are booming in Canada
 Source - https://www.cbc.ca/news/business/home-
renovations-covid-19-1.5703738
 It could be a good opportunity to bring back the home renovation tax
credit - https://www.moneysense.ca/news/harper-pledges-to-re-
introduce-home-renovation-tax-credit/
Amazon
Source -
https://financialpost.com/new
s/retail-marketing/amazon-to-
hire-100000-more-workers-in-
canada-and-the-united-
states?utm_medium=Social&u
tm_source=Twitter#Echobox=
1600079502
Cannabis Stores
 According to recently released financial statements,
the Ontario Cannabis Store (OCS) earned $18.6
million during its 2019-20 financial year. That’s a
welcome reversal from the previous year’s $42-
million loss. But while OCS did better financially than
its Alberta counterpart, it still lagged behind
Québec’s Société québécoise du cannabis (SQDC).
 And even though Canada marked the second
anniversary of legalization this past weekend, both
Ontario and Québec still lack enough stores to make
legal products widely accessible, unlike in Alberta.
Source -
https://www.canadianmanufa
cturing.com/features/ontarios-
cannabis-agency-earns-18-6-
million-beating-albertas-but-
lagging-quebecs/
Automation
 RPA / Retail - https://medium.com/@savvycom/rpa-101-applications-of-
rpa-in-retail-industry-46b90a53bbe6
 Restructuring of business models for retail will include automation -
https://www.technology.org/2020/08/06/covid-19-will-encourage-
automation-in-retail-sector/
 Business process automation / retail -
https://www.impactmybiz.com/blog/business-process-automation-in-
retail/
 Retail Edge Stores - https://www.jabil.com/blog/retail-automation.html
 Rebooting stores through automation -
https://retailtouchpoints.com/resources/rebooting-the-retail-store-
through-in-store-automation
 Augment Reality / eCommerce - https://www.yahoo.com/lifestyle/now-
could-finally-time-augmented-181954198.html
 Virtual Reality / eCommerce - https://supplychaingamechanger.com/how-
virtual-reality-vr-is-drastically-enhancing-the-e-commerce-shopping-
experience-infographic/
Sales
Forecasting
Supply Chain
Improving Cash
Flow
Management
Risk Analytics
and Retail
Continuous
Intelligence
Planning
Blog – Mitigating risks with the supply chain using more
intelligence supply chain management solutions:
The complexity of supply chains has led both the private and
public sectors to re-think how they managed their supply chain
including the use of infused-AI.
This presentation looks at possible solutions as part of mitigating
risks related to purchasing to pay cycle as part of managing the
supply chain cycle.
https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
Planning
Analytics and
Cognos
Analytics
 Small and medium sizes businesses continue to
struggle with management of their data
 Planning Analytics Digital Pack -
https://www.ibm.com/support/knowledgecenter/SSD29
G_2.0.0/com.ibm.swg.ba.cognos.tm1_cloud_mg.2.0.0.do
c/c_tm1_cloud_system_digital_pack.html
 Cognos Analytics on Demand -
https://community.ibm.com/community/user/businessa
nalytics/blogs/david-cushing/2018/12/13/1
 Planning Analytics with Cognos on Demand –
https://community.ibm.com/community/user/businessa
nalytics/blogs/bimpe-
adefowora/2020/11/11/padataondemand
 Predictability -
https://community.ibm.com/community/user/businessa
nalytics/blogs/stuart-martin-phillips1/2020/10/02/easy-
forecasting-for-planning-users

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Retail Sales and Consumer Spending| Canada| December 2020

  • 1. Retail Sales – Canada – December 2020 PAUL YOUNG CPA CGA FEBRUARY 19, 2021
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. Agenda  USA vs Canada (Retail Sales)  Canada Retail Sales by Segment / September 2020  Canada Retail Sales by Province / September 2020  Canada / eCommerce  Global eCommerce  Issues facing Retail  Retail Council / 2021 Federal Budget  Canada Retail Sales Bankruptcies / Reorganizations  Home Renovations  Amazon  Cannabis Stores / Canada  Automation  Sales Forecasting  Supply Chain  Cash Flow Management  Risk Analytics / Retail  Planning Analytics and Cognos Analytics
  • 4. USA vs Canada – Retail Sales
  • 5. Retail Sales by Segment Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm
  • 6. Retail Sales by Province Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm
  • 7. eCommerce Sales / Canada Source - - https://www150.statcan.gc.ca/n1/daily-quotidien/210219/dq210219a-eng.htm • Top eCommerce companies / Canada - https://www.goodfirms.co/ecommerce-development-companies/ca • Mergers/Acquisitions - https://www.retail-insider.com/retail-insider/2021/01/canadian-ecommerce-company- emerge-sees-significant-growth-through-website-acquisitions/
  • 9. Issues facing Retail Source - https://linchpinseo.com/common-challenges-facing-the-retail-industry/ 1. Digital interruption 2. Finding Technological Solutions 3. Maintaining your customer base 4. Evolving customer expectations 5. Modern marketing 6. Inspiring and retaining employees 7. Effective internal communications
  • 10. Retail Council / 2021 Federal Budget Source - https://www.retailcouncil.org/advocacy/advocating-for-retailers-rccs-recommendations-for-the-2021- federal-budget/
  • 12. Home Renovations  Home renovations are booming in Canada  Source - https://www.cbc.ca/news/business/home- renovations-covid-19-1.5703738  It could be a good opportunity to bring back the home renovation tax credit - https://www.moneysense.ca/news/harper-pledges-to-re- introduce-home-renovation-tax-credit/
  • 14. Cannabis Stores  According to recently released financial statements, the Ontario Cannabis Store (OCS) earned $18.6 million during its 2019-20 financial year. That’s a welcome reversal from the previous year’s $42- million loss. But while OCS did better financially than its Alberta counterpart, it still lagged behind Québec’s Société québécoise du cannabis (SQDC).  And even though Canada marked the second anniversary of legalization this past weekend, both Ontario and Québec still lack enough stores to make legal products widely accessible, unlike in Alberta. Source - https://www.canadianmanufa cturing.com/features/ontarios- cannabis-agency-earns-18-6- million-beating-albertas-but- lagging-quebecs/
  • 15. Automation  RPA / Retail - https://medium.com/@savvycom/rpa-101-applications-of- rpa-in-retail-industry-46b90a53bbe6  Restructuring of business models for retail will include automation - https://www.technology.org/2020/08/06/covid-19-will-encourage- automation-in-retail-sector/  Business process automation / retail - https://www.impactmybiz.com/blog/business-process-automation-in- retail/  Retail Edge Stores - https://www.jabil.com/blog/retail-automation.html  Rebooting stores through automation - https://retailtouchpoints.com/resources/rebooting-the-retail-store- through-in-store-automation  Augment Reality / eCommerce - https://www.yahoo.com/lifestyle/now- could-finally-time-augmented-181954198.html  Virtual Reality / eCommerce - https://supplychaingamechanger.com/how- virtual-reality-vr-is-drastically-enhancing-the-e-commerce-shopping- experience-infographic/
  • 20. Continuous Intelligence Planning Blog – Mitigating risks with the supply chain using more intelligence supply chain management solutions: The complexity of supply chains has led both the private and public sectors to re-think how they managed their supply chain including the use of infused-AI. This presentation looks at possible solutions as part of mitigating risks related to purchasing to pay cycle as part of managing the supply chain cycle. https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
  • 21. Planning Analytics and Cognos Analytics  Small and medium sizes businesses continue to struggle with management of their data  Planning Analytics Digital Pack - https://www.ibm.com/support/knowledgecenter/SSD29 G_2.0.0/com.ibm.swg.ba.cognos.tm1_cloud_mg.2.0.0.do c/c_tm1_cloud_system_digital_pack.html  Cognos Analytics on Demand - https://community.ibm.com/community/user/businessa nalytics/blogs/david-cushing/2018/12/13/1  Planning Analytics with Cognos on Demand – https://community.ibm.com/community/user/businessa nalytics/blogs/bimpe- adefowora/2020/11/11/padataondemand  Predictability - https://community.ibm.com/community/user/businessa nalytics/blogs/stuart-martin-phillips1/2020/10/02/easy- forecasting-for-planning-users