Paul Young CPA, CGA presented a report on retail sales in Canada for July 2019. The report discussed retail sales by segment and province. It also covered topics like e-commerce, alcohol distribution, retail risks, augmented reality applications, and retail closures and bankruptcies. For 2019, retail sales rebounded slightly in February after declines in previous months. Consumer spending is expected to grow slowly while carbon taxation may impact consumer prices. Retailers will focus on expanding e-commerce and improving customer experience through technology.
Retail sales is key sector as retail sales account for ¼ of GDP
Retail prices are under pressure due to many factors like carbon tax or tariffs or other factors.
2019 Election| Retail Sales and Consumer Spending| Canada| May 2019paul young cpa, cga
Retail sales is key sector as retail sales account for ¼ of GDP
Retail prices are under pressure due to many factors like carbon tax or tariffs or other factors.
This presentation will look at the United States retail sales for September 2016.
The presentation will look at retail sales by sector as well as the latest trends for eCommerce and what retailers are doing to further expose their product to consumers.
Retail sales is key sector as retail sales account for ¼ of GDP
Retail prices are under pressure due to many factors like carbon tax or tariffs or other factors.
2019 Election| Retail Sales and Consumer Spending| Canada| May 2019paul young cpa, cga
Retail sales is key sector as retail sales account for ¼ of GDP
Retail prices are under pressure due to many factors like carbon tax or tariffs or other factors.
This presentation will look at the United States retail sales for September 2016.
The presentation will look at retail sales by sector as well as the latest trends for eCommerce and what retailers are doing to further expose their product to consumers.
How are consumer shopping habits changing?
How is changing consumer behaviour affecting global retail?
How can retailers understand and profit from the new customer?
IRI's Weekly News Update - w/c 20th March 2017Rūta Misiūnaitė
• Retail footfall decline continued in February
• Arla brand records biggest growth among UK’s biggest 100 grocery brands
• Which? reveals biggest supermarket substitution fails
• Automated ordering system driving improved product availability at Morrisons
• Shoppers seeking new technology to help with grocery shopping
• Majority of consumers frustrated by inconsistent retail experience
• Study by Mars reveals that emotions data can identify what impact ads will have on sales
• Lidl backs British farming
• Mother’s Day spending set to hit retail record
• Sainsbury's shutters in-store phone shops
• Tesco starts charging for same day click and collect
• Retail sales data suggests higher prices are starting to impact spending
• Direct-to-Consumer channel set for take-off in manufacturing
• Study finds that supermarkets can control shoppers' walking speed down aisles
This Walmart SWOT analysis reveals how the largest company in the world uses its competitive advantages to dominate and successfully grow in the retail industry.
It identifies all the key strengths, weaknesses, opportunities and threats that affect the company the most.
Walmart has become the world’s largest company by revenue for a few reasons. First, it used cost leadership strategy and executed it brilliantly. Second, it operated in the world’s richest economy, which enabled Walmart to grow fast and successfully.
At the moment, most of Walmart’s strengths come from the huge company’s size. These strengths, such as market power over suppliers and competitors, well developed distribution system and large merchandise selection, will help the company to stay the largest retailer, at least the largest brick-and-mortar retailer, for quite some time. Nonetheless, the company has to find other strengths if it wants to grow faster and be able to compete with Amazon.com in e-commerce.
As for the weaknesses, Walmart should improve its brand image, employment and business practices. That would most likely result in more productive employees, happier customers and eventually in higher sales.
Walmart will continue to dwarf the U.S. retail industry and will grow internationally, at least for the next 5-10 years.
Ulta Beauty’s Unconventional Growth Story: Omnichannel Expansion is a Beautif...National Retail Federation
In a beauty market that is big and booming, America's largest specialty beauty retailer is breaking barriers and experiencing strong growth by keeping its guests at the center of all it does. While traditionally businesses have been pegging their growth strategy either on the physical or the digital, Ulta Beauty has used its own blended approach to enhance the guest experience and make it more convenient, rewarding and fun. Learn from Deloitte and Ulta Beauty Senior Director of E-Commerce Jeff Hamm about how the company's robust expansion, rooted in a purposeful and disciplined omnichannel growth strategy and execution plan. Discover the challenges that Ulta Beauty has experienced along the way -- and learn about the approaches, including digital, that Ulta Beauty is implementing to continue along its powerful trajectory. Presentation from Retail's Digital Summit 2016.
This report helps illuminate the radical
changes reshaping retail as shoppers,
chastened by the recession and empowered with technology, think differently about what
and how they purchase. Here are just three
of many critical considerations:
First, brand is a prerequisite of retail
success. How retailers build their brands
impacts all aspects of their business.
Le marché européen B2C e-commerce poursuit sa croissance
Le marché européen B2C e-commerce a poursuivi sa croissance à deux chiffres en 2015. Avec un taux de 13,3% (2014: 13,6%) de croissance, les ventes B2C en ligne en Europe ont atteint 455,3 milliards € en 2015.
Pour 2016, il est prévu que le taux de croissance va diminuer un peu plus, à 12,0%. En conséquence, le chiffre d'affaires européen B2C e-commerce devrait atteindre la marque de 500 milliards € en 2016 (509,9 milliards €). Ces chiffres proviennent du rapport européen B2C E-commerce, qui a été commandé par Ecommerce Europe et créé par la Fondation E-commerce. Ce rapport donne un aperçu des chiffres de e-commerce européens, y compris les ventes en ligne, le nombre de clients Internet et la part du commerce électronique dans le PIB européen. En outre, le rapport européen B2C E-commerce 2016 offre les principaux chiffres de 25 principaux marchés européens en termes de e-commerce.
Retail Asia's Top 40 Retailers in Asia Pacific Ranking
Top 500 retailers in the region generated sales topping US$1 trillion in 2012. Euromonitor International’s latest retailing research places retail sales for Asia Pacific (including Australa- sia) at US$4 trillion in 2012. The Top 500 retailers alone accounted for nearly 24% of total retail sales in the region.
Copyright 2013 Euromonitor International.
The E-Commerce reference index based on the eShopper journey
Analysis and ranking of 111 leading local and international leaders’s E-Commerce ecosystems through 250 criteria before, during and after purchase including Omnichannel and Online marketing
eShopper Index 2015 Overall ranking available here:
https://www.slideshare.net/aureliaa/e-shopper-index-overall-ranking
FREE eShopper Index 2015 report available here:
https://www.slideshare.net/aureliaa/eshopper-index-1015-report-free
To know more about the eShopper Index:
http://www.iventures-consulting.com/eshopper-index
Canada Retail/Consumer spending continues to struggle in 2019paul young cpa, cga
Retail sales is key sector as retail sales account for ¼ of GDP
Nearly 4M people work in retail, logistics and warehousing
Sales in the retail trade sector edged down 0.1% in August to $51.5 billion. Sales were down in six subsectors, representing 51% of retail trade.
After removing the effects of price changes, retail sales in volume terms increased 0.2%.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
How are consumer shopping habits changing?
How is changing consumer behaviour affecting global retail?
How can retailers understand and profit from the new customer?
IRI's Weekly News Update - w/c 20th March 2017Rūta Misiūnaitė
• Retail footfall decline continued in February
• Arla brand records biggest growth among UK’s biggest 100 grocery brands
• Which? reveals biggest supermarket substitution fails
• Automated ordering system driving improved product availability at Morrisons
• Shoppers seeking new technology to help with grocery shopping
• Majority of consumers frustrated by inconsistent retail experience
• Study by Mars reveals that emotions data can identify what impact ads will have on sales
• Lidl backs British farming
• Mother’s Day spending set to hit retail record
• Sainsbury's shutters in-store phone shops
• Tesco starts charging for same day click and collect
• Retail sales data suggests higher prices are starting to impact spending
• Direct-to-Consumer channel set for take-off in manufacturing
• Study finds that supermarkets can control shoppers' walking speed down aisles
This Walmart SWOT analysis reveals how the largest company in the world uses its competitive advantages to dominate and successfully grow in the retail industry.
It identifies all the key strengths, weaknesses, opportunities and threats that affect the company the most.
Walmart has become the world’s largest company by revenue for a few reasons. First, it used cost leadership strategy and executed it brilliantly. Second, it operated in the world’s richest economy, which enabled Walmart to grow fast and successfully.
At the moment, most of Walmart’s strengths come from the huge company’s size. These strengths, such as market power over suppliers and competitors, well developed distribution system and large merchandise selection, will help the company to stay the largest retailer, at least the largest brick-and-mortar retailer, for quite some time. Nonetheless, the company has to find other strengths if it wants to grow faster and be able to compete with Amazon.com in e-commerce.
As for the weaknesses, Walmart should improve its brand image, employment and business practices. That would most likely result in more productive employees, happier customers and eventually in higher sales.
Walmart will continue to dwarf the U.S. retail industry and will grow internationally, at least for the next 5-10 years.
Ulta Beauty’s Unconventional Growth Story: Omnichannel Expansion is a Beautif...National Retail Federation
In a beauty market that is big and booming, America's largest specialty beauty retailer is breaking barriers and experiencing strong growth by keeping its guests at the center of all it does. While traditionally businesses have been pegging their growth strategy either on the physical or the digital, Ulta Beauty has used its own blended approach to enhance the guest experience and make it more convenient, rewarding and fun. Learn from Deloitte and Ulta Beauty Senior Director of E-Commerce Jeff Hamm about how the company's robust expansion, rooted in a purposeful and disciplined omnichannel growth strategy and execution plan. Discover the challenges that Ulta Beauty has experienced along the way -- and learn about the approaches, including digital, that Ulta Beauty is implementing to continue along its powerful trajectory. Presentation from Retail's Digital Summit 2016.
This report helps illuminate the radical
changes reshaping retail as shoppers,
chastened by the recession and empowered with technology, think differently about what
and how they purchase. Here are just three
of many critical considerations:
First, brand is a prerequisite of retail
success. How retailers build their brands
impacts all aspects of their business.
Le marché européen B2C e-commerce poursuit sa croissance
Le marché européen B2C e-commerce a poursuivi sa croissance à deux chiffres en 2015. Avec un taux de 13,3% (2014: 13,6%) de croissance, les ventes B2C en ligne en Europe ont atteint 455,3 milliards € en 2015.
Pour 2016, il est prévu que le taux de croissance va diminuer un peu plus, à 12,0%. En conséquence, le chiffre d'affaires européen B2C e-commerce devrait atteindre la marque de 500 milliards € en 2016 (509,9 milliards €). Ces chiffres proviennent du rapport européen B2C E-commerce, qui a été commandé par Ecommerce Europe et créé par la Fondation E-commerce. Ce rapport donne un aperçu des chiffres de e-commerce européens, y compris les ventes en ligne, le nombre de clients Internet et la part du commerce électronique dans le PIB européen. En outre, le rapport européen B2C E-commerce 2016 offre les principaux chiffres de 25 principaux marchés européens en termes de e-commerce.
Retail Asia's Top 40 Retailers in Asia Pacific Ranking
Top 500 retailers in the region generated sales topping US$1 trillion in 2012. Euromonitor International’s latest retailing research places retail sales for Asia Pacific (including Australa- sia) at US$4 trillion in 2012. The Top 500 retailers alone accounted for nearly 24% of total retail sales in the region.
Copyright 2013 Euromonitor International.
The E-Commerce reference index based on the eShopper journey
Analysis and ranking of 111 leading local and international leaders’s E-Commerce ecosystems through 250 criteria before, during and after purchase including Omnichannel and Online marketing
eShopper Index 2015 Overall ranking available here:
https://www.slideshare.net/aureliaa/e-shopper-index-overall-ranking
FREE eShopper Index 2015 report available here:
https://www.slideshare.net/aureliaa/eshopper-index-1015-report-free
To know more about the eShopper Index:
http://www.iventures-consulting.com/eshopper-index
Canada Retail/Consumer spending continues to struggle in 2019paul young cpa, cga
Retail sales is key sector as retail sales account for ¼ of GDP
Nearly 4M people work in retail, logistics and warehousing
Sales in the retail trade sector edged down 0.1% in August to $51.5 billion. Sales were down in six subsectors, representing 51% of retail trade.
After removing the effects of price changes, retail sales in volume terms increased 0.2%.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
What is the future retailers brick and mortar - december 2017paul young cpa, cga
Retail sales drive about 2/3 GDP for many countries. Any impact to retail sector can impact GDP growth for a country.
We are heading into more and more automation, especially in areas like eCommerce or augmented reality or streaming or kiosks or smaller shops/stores
The alcohol model for Ontario is archaic as such needs to be modernized. The problem is union are fighting modernization with their typical union rhetoric.
Key industry and market indicators for august 2015 canada and north americapaul young cpa, cga
Key market and industry trends for Canada and rest of the world.
- CPI
- Trade
- Sales
- Trends
- Pricing
- Commodities
- Inflation
- Production volume
- Green Technology
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Construction Spending and Outlook - The USA and the World - August 2023.pptxpaul young cpa, cga
Blog – Construction Sector Analysis and Commentary – August 2023
Summary:
The outlook for US construction of affordable housing is set to change dramatically over the next two years. "Developers see a massive shortage ahead, which threatens to undo the recent progress in closing the daunting affordable housing gap in many US cities," reports Bloomberg.
While interest rates have been increasing, the number of housing projects starting this year has been cut significantly. 2022 projects will typically come online after 18-24 months, therefore construction companies are expecting a severe supply shortage by mid-2025.
This slowdown is supported by statistics from the US Department of Housing and Urban Development (HUD) which received 506 applications as of May, eight months into fiscal year 2023, totalling US$12bn in Federal Housing Administration loans to construct multi-family developments. This is about half the volume of the same eight-month period in FY22 (940 applications for US$22bn) and less than one-third of the volume for the same stretch in FY21 (1739 applications for US$37bn).
The higher costs associated with inflation and rising interest rates are creating financial gaps making it hard for developers to complete below-market rental projects, resulting in significant delays, says Bloomberg.
Single-family construction starts slipped after a four-month run, down seven per cent in June, while applications for permits rose 2.2 per cent from May, according to the Census Bureau and HUD.
Source - https://www.cemnet.com/News/story/175467/us-construction-outlook-is-about-to-change-for-crh-and-others.html
Other links and sources
1. Biodiversity / Construction - https://coastcommunitynews.com.au/central-coast/news/2023/08/biodiversity-overhaul-could-pave-the-way-for-more-housing-construction/
2. CO2 embodying - https://www.linkedin.com/posts/algomaco_california-becomes-first-state-to-adopt-mandatory-activity-7095045267430809600-y2pV/
3. Green Cement - https://environmentjournal.ca/lafarge-canada-pilots-cleantech-project-to-support-sustainable-cement-production/
4. Building codes - https://www.buildinggreen.com/newsbrief/marin-county-first-adopt-low-carbon-concrete-code
5. Energy - https://www.armstrongceilings.com/commercial/en/performance/sustainable-building-design/embodied-carbon-in-buildings.html
6. Climate Change Risks - https://urbanland.uli.org/public/climate-risk-is-financial-risk-the-ever-evolving-landscape-of-climate-related-financial-disclosures/
7. Net Zero - https://www.esmagazine.com/articles/103351-the-path-to-net-zero-buildings-3-steps-to-turn-sustainability-ambition-into-action
8. Ports / Clean - https://www.bnnbloomberg.ca/ports-in-europe-lure-investors-into-clean-energy-gateway-plan-1.1966430
9. Broadband spending - https://ca.news.yahoo.com/broadcom-gives-downbeat-forecast-signaling-221519671.html
10. Construction materials - https://www.marketplace.org/2023/09/01/climate-change-is-making-home-construction-more-expe
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What is going on with Canada's Retail Sector? July 2019
1. Retail Sales – Canada –
July 2019
Paul Young CPA, CGA
September 20, 2019
2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com
3. Introductory
• Retail sales is key sector as retail sales account for ¼ of GDP
• Retail prices are under pressure due to many factors like carbon tax
or tariffs or other factors.
4. Agenda
• Total Retail Sales by Segment
• Total Retail Sales by Province
• Ecommerce
• Alcohol distribution
• Retail / Supply Chain Risk Factors
• Augment Reality and Retail
• Retail closures and bankruptcies
• What happen in 2018
• Retail and Technology
• What’s next
5. Introduction
• Sales in the retail trade sector were essentially unchanged in June.
Stronger sales across most subsectors were offset by lower sales at motor
vehicle and parts dealers and gasoline stations. Excluding sales in these
two subsectors, monthly retail sales advanced 1.7%.
• Sales were down in 4 of 11 subsectors, representing 48% of retail trade.
• After removing the effects of price changes, retail sales in volume terms
increased 0.4%.
• Retail sales for the second quarter increased 1.2%, while retail volumes
edged up 0.1%.
Source - https://www150.statcan.gc.ca/n1/daily-
quotidien/190823/dq190823a-eng.htm
6. Retail Sales by Segment
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190920/t002a-eng.htm or https://economics.bmo.com/en/publications/detail/cec579f4-afa2-48d4-b1ed-844a1e9af840/
7. Retail Sales by Province
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190920/t002a-eng.htm or https://economics.bmo.com/en/publications/detail/cec579f4-afa2-48d4-b1ed-844a1e9af840/
10. Ontario Alcohol Distribution
Brewers Retail will still exist, but their retail and distribution model will be changed. This was never about beer being sold at other locations, but the
protection of union jobs.
1. Brewers Retail already charges all locations with fees as part of distribution of alcohol - https://o.canada.com/business/how-much-price-gouging-at-the-
beer-store-costs-bars-and-restaurants
2. Inconvenient Truth - https://torontosun.com/opinion/columnists/opinion-the-inconvenient-truth-about-the-beer-store-
monopoly?fbclid=IwAR1hpGrwtq5FrmUcU3bQt5u1pdOYduLACDjeomGGENxFlaBksmhafZwuEnI
3. Propaganda https://www.canadianmanufacturing.com/operations/beer-insiders-fuelling-online-criticism-of-tory-government-tweets-fedeli-233797/
4. Brewers Retail F/S - http://www.thebeerstore.ca/about-us/operational-report
5. Craft Breweries https://globalnews.ca/news/4381583/cost-produce-craft-beer/ -
6. Govt has been looking distribution and retailing of beer for a while - https://www.ontario.ca/page/modernizing-beer-retailing-and-distribution
7. Brewer Retail own a monopoly which means they will fight to give it up - https://torontolife.com/city/toronto-politics/hard-ontario-start-allowing-beer-
sales-convenience-stores
8. ”Howard continues laying out the Beer Store’s case: “The fact that beer prices will be higher.” People pay for convenience when they shop at any location
that is why stores are called Convenient Stores https://torontosun.com/opinion/columnists/agar-beer-stores-facts-dont-stand-up
9. Brewers Retail has done little to stock microbrews, why? https://www.canadianmanufacturing.com/sales-and-marketing/beer-canada-releases-2018-
industry-trends-update-232581/
10. Chamber of Commerce - https://www.cbc.ca/news/canada/toronto/ontario-chamber-of-commerce-beer-store-deal-1.5161709. Businesses do not like
monopolies and/or excessive government policies that impact their ability to operate. https://www.cfib-fcei.ca/en/advocacy/red-tape-report-card
11. Ontario has many issues that Ford is slowly addressing that the Chamber of Commerce should be applauding -
https://www.slideshare.net/paulyoungcga/fiscal-and-economic-management- ontario
15. Loblaws / Phone App for scanning purchases
• Scanning application as part of improving the shopping experience.
Source -https://www.cbc.ca/news/business/loblaws-walmart-shop-
and-scan-technology-1.4912024?cmp=rss
16. Restaurant Automation
Source - https://www.canadianmanufacturing.com/manufacturing/robot-servers-and-3d-menus-whats-on-tap-at-the-restaurant-of-the-future-229415/
Patrons enter a cafe and pass by a hologram of coffee pouring from a carafe into a cup. They scroll
through a three-dimensional menu and see exactly what each dish will look like to help them decide
what to order. A small robot, arms fixed to a tray, delivers the meal to the table and says “Your food
is here.”
That is what the restaurant of the not-too-distant future looks like, say those developing the
technology, which they argue can boost company profits and lower labour costs.
But so far, only a few eateries in Canada have embraced robotics and other high-tech offerings, and
more owners may be hesitant to do so due to high costs in a low-margin industry.
17. Retail Closing and Bankruptcies
• Hugo Boss ‘Mink Mile’ Canadian Flagship to Close, J. Crew CF Toronto Eaton Centre to Close, Enda B in
Vancouver Shuts Operations, Boboli Vancouver to Close Men’s Business, Walmart Closing Store at Toronto’s
Cedarbrae Mall, Hopscotch Chain in Receivership
• Source - https://www.retail-insider.com/retail-insider/2019/1/several-prominent-store-closures-in-canada-this-month
19. What happen in 2018 and beyond for Retail
• Pot Stores open
• Store closures (Jean Machine and Town Shoes)
• Store openings (Nordstrom Rack, Levis Flagship, Chloé, ASICS, Sport Chek Kids, Casper, William Ashley, and more all opened stores in Canada.
• Hardware (i.e. eCommerce, robotics, etc.)
• Store Expansion (Miniso announced plans to add 500 stores in Canada over the next three years. Uniqlo Canada added four new locations in the fall of
2018. Hudson’s Bay opened its first new store in Canada in 15 years in Montreal. Canada Goose announced three new stores in North America — two in
Canada and one in the United States.
• Canadian grocery sales stopped growing — the start of a grocery “bloodbath”?
– “The bloodbath is here,” wrote Sylvain Charlebois, the dean of the faculty of management at Dalhousie University and a prominent expert on food retail, in an email to media
in July of 2018.
– The “bloodbath” in question was a drop in sales at Canadian grocers — enough to potentially put thousands out of work and close dozens of stores.
– According to Statistics Canada, sales at supermarkets and grocery stores dropped 3.1% in May of 2018, the fourth decline in the past five months.
• Grocery Delivery - 2018 saw the start of on-demand grocery delivery and expansion of click-and-collect services.
– In 2018, nearly all major grocers added grocery delivery services to their offerings, including Costco Canada.
– Walmart Canada announced plans to offer one-hour delivery through a partnership with InstaCart.
– Loblaw Companies Limited planned to expand its pick-up services to 500 more locations in 2018.
– Sobeys announced a partnership with Ocado Group.
http://storesupport.ca/canadian-retail-news-of-2018/
20. 2019 / Retail
• There was slight rebound to retail sales in February 2019 after five months
of decline - https://www.bnnbloomberg.ca/canadian-retailers-start-2019-
with-unexpected-drop-in-sales-1.1233120
• Consumer spending is expected to grow slowly in 2019 -
https://www.newswire.ca/news-releases/canadian-economy-slows-but-
conditions-in-place-for-better-growth-ahead-conference-board-of-canada-
lowers-growth-projection-for-2019-827630320.html
• More and more retailers will adopt VR and AR -
https://www.bisnow.com/national/news/retail/millions-will-use-ar-and-
vr-in-retail-settings-in-the-near-future-98494
• Carbon taxation will start impacting consumer prices. Inflation grew in
February 2019 – led by higher food prices
https://www.cbc.ca/news/business/inflation-rate-march-1.5101360
23. What’s next for Retailers
• More and more retailers will expand their eCommerce footprint. Areas of focus will
improve the customer shopping experience either via the website or through the use of
Augment Reality
• Consumers pocketbooks will be impacted by CPP hikes
(https://torontosun.com/news/national/92-of-middle-class-families-face-tax-hike-over-
2200-beginning-in-2019-fraser-institute) and Carbon tax
(https://www.cbc.ca/news/canada/new-brunswick/carbon-tax-federal-government-
province-1.4875848)
• More and more retailers will revisit their operations, i.e. # of stores, locations as part of
looking at more efficient ways to improve their hub and spoke delivery of their goods
and services.
• Carbon Taxation forced onto ON, MB, SK and NB. The carbon taxation will be added
to consumer prices.
• Retailers will continue to look at AI and Analytics as part of analyzing their various
businesses