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RETAIL
SECTOR –
CANADA –
MAY 2020
Paul Young CPA CGA
July 21, 2020
PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
AGENDA
• Canada Retail Sales by Segment – April 2020
• Canada Retail Sales by Province – April 2020
• Canada eCommerce Sales
• USA vs Canada Retail Sales
• Death of the Shopping Mall
• eCommerce
• Automation
• Analytics / Retail Sector
RETAIL SALES BY SEGMENT
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200721/dq200721a-
eng.htm
*** There is an issue with how the province sales total roll up as compare to summarized sales
by segment
RETAIL SALES BY PROVINCE
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200721/dq200721a-
eng.htm
*** There is an issue with how the province sales total roll up as compare to summarized sales
by segment
ECOMMERCE
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200721/dq200721a-
eng.htm
USA VS CANADA
DEATH OF
THE
SHOPPING
MALL
• Death of the shopping mall
• Retailers have announced more than 8,600 closings so far in 2019 and according to a
report done by Credit Suisse in 2017, between 20% to 25% of malls will close by
2022. Source - https://www.businessinsider.com/american-retail-apocalypse-in-photos-
2018-1
• Closure of malls will lead to property tax issues - https://www.cnbc.com/2019/04/15/malls-
see-tsunami-of-store-closures-as-foot-traffic-declines-further.html
• Re-zoning of abandon properties as part of urban development needs to be focus by
various councils - https://www.washingtonpost.com/business/2019/11/22/malls-are-dying-
only-these-ones-have-figured-out-secrets-success-internet-age/
•
• Canada
• Canada has seen an increase in online sales as such commercial space could see reduced
occupancy as part of retailers moving more and more of their business to an online model -
https://www.statista.com/outlook/243/108/ecommerce/canada#market-revenue
ECOMMERCE
Source -
https://www.statista.com/sta
tistics/288487/forecast-of-
global-b2c-e-commerce-
growth/
AUTOMATION
• Automation will continue to grow -
https://www.slideshare.net/paulyoungcga/technology-
what-needs-to-happen-for-canada-and-the-world
• Walmart and automation -
http://franksworld.com/2020/07/06/walmart-ramps-up-
automation-in-stores-nationwide/
• Automation and eCommerce -
https://theconversation.com/covid-19-has-changed-the-
future-of-retail-theres-plenty-more-automation-in-store-
139025
• Automation market growth of nearly 5% -
https://www.businesswire.com/news/home/202007100051
41/en/Global-Retail-Automation-Market-Outlook-2020-
2027--
• AI revolution and retail -
https://www.mhlnews.com/technology-
automation/article/22055436/coming-ai-revolution-in-
retail-consumer-products
• Convenient stores and robots -
https://financialpost.com/pmn/business-pmn/japanese-
robot-to-clock-in-at-a-convenience-store-in-test-of-retail-
automation-2
• Using automation / Retail -
https://skywell.software/blog/using-retail-automation-to-
thrive-in-the-economy/
DATA AND
ANALYTICS
• Supply Chain Management – Analytics –
https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
• Sales Forecasting –
https://ibm.box.com/s/kyumyzxzre8qkgja7dt6u30vkjg1z22f
• Reporting –
https://ibm.box.com/shared/static/xrfyxhb28iulofxr9mqfzirva
w0hovz2.pptx
• Blockchain -
https://www.ibm.com/blockchain/industries/retail
• Fintech/Retail -
https://ibm.box.com/s/keqx6nzmievpckyf4b83lqv856gfogrl
• eCommerce -
https://www.slideshare.net/paulyoungcga/ecommerce-
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Retail Sales| Canada| May 2020

  • 1. RETAIL SECTOR – CANADA – MAY 2020 Paul Young CPA CGA July 21, 2020
  • 2. PAUL YOUNG - BIO • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Financial Solutions • SME – Business Process Change • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. AGENDA • Canada Retail Sales by Segment – April 2020 • Canada Retail Sales by Province – April 2020 • Canada eCommerce Sales • USA vs Canada Retail Sales • Death of the Shopping Mall • eCommerce • Automation • Analytics / Retail Sector
  • 4. RETAIL SALES BY SEGMENT Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200721/dq200721a- eng.htm *** There is an issue with how the province sales total roll up as compare to summarized sales by segment
  • 5. RETAIL SALES BY PROVINCE Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200721/dq200721a- eng.htm *** There is an issue with how the province sales total roll up as compare to summarized sales by segment
  • 8. DEATH OF THE SHOPPING MALL • Death of the shopping mall • Retailers have announced more than 8,600 closings so far in 2019 and according to a report done by Credit Suisse in 2017, between 20% to 25% of malls will close by 2022. Source - https://www.businessinsider.com/american-retail-apocalypse-in-photos- 2018-1 • Closure of malls will lead to property tax issues - https://www.cnbc.com/2019/04/15/malls- see-tsunami-of-store-closures-as-foot-traffic-declines-further.html • Re-zoning of abandon properties as part of urban development needs to be focus by various councils - https://www.washingtonpost.com/business/2019/11/22/malls-are-dying- only-these-ones-have-figured-out-secrets-success-internet-age/ • • Canada • Canada has seen an increase in online sales as such commercial space could see reduced occupancy as part of retailers moving more and more of their business to an online model - https://www.statista.com/outlook/243/108/ecommerce/canada#market-revenue
  • 10. AUTOMATION • Automation will continue to grow - https://www.slideshare.net/paulyoungcga/technology- what-needs-to-happen-for-canada-and-the-world • Walmart and automation - http://franksworld.com/2020/07/06/walmart-ramps-up- automation-in-stores-nationwide/ • Automation and eCommerce - https://theconversation.com/covid-19-has-changed-the- future-of-retail-theres-plenty-more-automation-in-store- 139025 • Automation market growth of nearly 5% - https://www.businesswire.com/news/home/202007100051 41/en/Global-Retail-Automation-Market-Outlook-2020- 2027-- • AI revolution and retail - https://www.mhlnews.com/technology- automation/article/22055436/coming-ai-revolution-in- retail-consumer-products • Convenient stores and robots - https://financialpost.com/pmn/business-pmn/japanese- robot-to-clock-in-at-a-convenience-store-in-test-of-retail- automation-2 • Using automation / Retail - https://skywell.software/blog/using-retail-automation-to- thrive-in-the-economy/
  • 11. DATA AND ANALYTICS • Supply Chain Management – Analytics – https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5 • Sales Forecasting – https://ibm.box.com/s/kyumyzxzre8qkgja7dt6u30vkjg1z22f • Reporting – https://ibm.box.com/shared/static/xrfyxhb28iulofxr9mqfzirva w0hovz2.pptx • Blockchain - https://www.ibm.com/blockchain/industries/retail • Fintech/Retail - https://ibm.box.com/s/keqx6nzmievpckyf4b83lqv856gfogrl • eCommerce - https://www.slideshare.net/paulyoungcga/ecommerce- whats-next