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How online shopping is changing our city streets – and what comes next
Podcast
household finances
Returning online orders is already a nuisance. Buy now, pay later plans can make it worse
A Sezzle logo is shown in a person's online shopping cart on a laptop in Vernon, B.C. on Wednesday, November 18, 2020. Canadians who are online shopping can purchase their goods this way during the checkout process: buy now, pay later. The offers come from fintechs like PayBright, Afterpay, Sezzle, Klarna, QuadPay and Affirm. THE CANADIAN PRESS/Jesse Johnston
carrick on money
Budgeting for the never-ending cost of kids
Rob Carrick
advisor news
Is the rise of ‘self-care’ spending throwing Canadians off their financial goals?
Beautiful young mixed race female exercising at home, online workout on laptop
carrick on money
Canada’s new mortgage stress test starts June 1. Here’s how that affects your home buying budget
Rob Carrick
technology
Shopify-backed Toronto startup Swyft raises $17.5-million to roll out same-day delivery of online orders for smaller retailers
A view of the Lush store on Oxford Street, London, Friday June 1, 2018. Cosmetics retailer Lush has been criticized for using store window displays to criticize undercover police operations. On Friday the windows of more than 100 Lush stores in Britain featured displays supporting the Police Spies Out of Lives campaign. (Kirsty O'Connor/PA via AP)
carrick on money
Owning a home in 2021 is not as great as you think
Rob Carrick
u.s. business
Amazon workers strike in Italy over pandemic-driven delivery demands
Workers relax during a break outside Amazon's distribution centre in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli
european business
U.K. competition watchdog voices concern over $9.2-billion eBay-Adevinta deal
FILE PHOTO: An eBay sign at an office building in San Jose, California, May 28, 2014. REUTERS/Beck Diefenbach/File Photo
style
Does it makes sense to buy now, pay later for online purchases?
A Sezzle logo is shown in a person's online shopping cart on a laptop in Vernon, B.C. on Wednesday, November 18, 2020. Canadians shopping for Sephora makeup, Herschel Supply Co. backpacks and Lush beauty products might have recently noticed a new option during the checkout process: buy now, pay later. The offers come from fintechs like PayBright, Afterpay, Sezzle, Klarna, QuadPay and Affirm. THE CANADIAN PRESS/Jesse Johnston
home & design
How some antique dealers have survived since COVID-19 cut them off from their customers
4 - Vincent Darré - Déborah Lalaudière photos of Vincent Darré at the Paris antique market
report on business
Parler sues Amazon for site takedown, citing antitrust violation
(FILES) In this file photo taken on July 1, 2020 an illustration picture shows social media application logo from Parler displayed on a smartphone with its website in the background in Arlington, Virginia. - The conservative social network Parler was forced offline on January 11, 2021, tracking websites showed, after Amazon warned the company would lose access to its servers for its failure to properly police violent content. The site's popularity soared in recent weeks, becoming the number one download from Apple's App Store after the much larger Twitter banned US President Donald Trump from its platform for his role in inciting a riot at the US Capitol last week. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
report on business
Small businesses share what it takes to move online
Kiki Lally is seen in an undated handout photo at Pinnovate, a craft studio in Calgary. When the pandemic began, Lally couldn't host birthday parties, camps or bridal showers anymore, so she started making DIY kits and offering them for delivery. The DIY kits had to be sold through a new website called DIY Delivery that she built. THE CANADIAN PRESS/HO-Jennifer Chabot, *MANDATORY CREDIT*
asia-pacific business
China’s internet regulator considers broadening oversight of payment and shopping platforms
Zhuang Rongwen, Minister of Cyberspace Administration of China, reads a message from Chinese President Xi Jinping at the opening ceremony of the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song
report on business
CPPIB invests US$200-million in Indonesian logistics project
FILE PHOTO: A package for delivery is seen on a conveyor belt at online retailer Lazada's warehouse in Depok, south of Jakarta, Indonesia, March 26, 2018. REUTERS/Darren Whiteside
report on business
Shoppers search for Boxing Day sales as pandemic restricts retail options
Children look into a store in the village at Blue Mountain Ski Resort in The Blue Mountains, Ont., on the first day of a provincial lockdown amid a 12-day trend of over 2,000 daily COVID-19 cases, Saturday, Dec. 26, 2020. THE CANADIAN PRESS/Cole Burston
report on business
Sobeys parent Empire ramps up e-commerce expansion as pandemic drives online demand
Fauzia Tariq, a cashier, scans items at the Laird Sobeys at Leaside, on Nov 26 2020.
report on business
Amazon inks deals for Toronto office space after rival Shopify’s expansion
An Amazon sign in front of 120 Bremner Blvd. in downtown Toronto, on Dec. 9, 2020.
report on business
‘You’re competing with the world’: Small retailers starting from scratch in e-commerce during the pandemic
Bernice and Justin Clarke operate Uasau Soap in Iqaluit, Nunavut, on Dec. 6, 2020, usingsuch local ingredients such as bowhead whale blubber, plants, and river clay.
u.s. business
Cyber Monday set to be biggest online shopping day in U.S. history
FILE PHOTO: Amazon packages are pushed onto ramps leading to delivery trucks by a robotic system as they travel on conveyor belts inside of an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., December 2, 2019. REUTERS/Lucas Jackson/File Photo
style
Tips for shipping holiday gifts where they need to be, safely and on time
When packages are delivered to the Candy Loft Factory condominium, concierge Bekim Xhelili first disinfectants the packages, then he records the delivery into a database which automatically notifies the resident they have a package for pick up. With many people working from home during the pandemic, online orders are up meaning more packages for concierges to manage during the day.
report on business
Online sales set to hit record this year in Canada as COVID-19 limits in-person shopping
A Purolator driver wears a mask as he makes deliveries in Toronto on March 24, 2020. With online sales set to hit record highs this year, Statistics Canada says that wholesalers, rather than retailers, have benefited most from the trend toward online shopping. Statistics Canada says $85 billion of Canada?s $305 billion in online sales last year went to wholesalers, while transportation and warehousing companies got $60 billion, manufacturing was worth $38 billion, and retailers grossed $22 billion.THE CANADIAN PRESS/Frank Gunn
report on business
No money down: New financing companies are transforming online shopping by offering pay-later options for small purchases
personal finance
Be wary of the risks of using buy now, pay later programs for small purchases, experts warn
Online shopping / ecommerce and delivery service concept : Paper cartons with a shopping cart or trolley logo on a laptop keyboard, depicts customers order things from retailer sites via the internet.
u.s. business
Amazon Pharmacy launches in several U.S. states as online giant takes on established drug retailers
(FILES) In this file photo taken on September 28, 2011, the Amazon logo is seen on a podium during a press conference in New York. Shares of pharmacy retailers were hammered early on June 28, 2018, as Amazon entered the market and as Wall Street stocks retreated amid worries over trade tensions. Amazon announced it was acquiring online pharmacy PillPack for terms that were undisclosed, its biggest move yet into healthcare. Amazon shares rose 0.2 percent. But the move by Amazon pummeled pharmacy chains, with CVS Health diving 6.9 percent and Rite Aid plunging 12.6 percent. / AFP PHOTO / Emmanuel DUNANDEMMANUEL DUNAND/AFP/Getty Images
technology
Investors cool to record Shopify quarter as company cautions outsized gains may not continue
FILE - This May 29, 2019, file photo, shows the Ottawa headquarters of Canadian e-commerce company Shopify. Shopify said Tuesday, Oct. 27, 2020, it’s made a deal with TikTok enabling merchants to create “shoppable” video ads that drive customers to online stores. (Justin Tang/The Canadian Press via AP, File)
canada
Delivery deluge: Residential buildings wrestle with influx of packages amid the pandemic
Bekim Xhelili, a concierge at the Candy Loft Factory condominium, moves packages into a mailroom on Oct. 22, 2020.
european business
Amazon’s Sweden launch marred by glitches and translation problems
FILE PHOTO: The logo of Amazon is seen at a logistics centre in Lauwin-Planque, northern France, April 22, 2020. REUTERS/Pascal Rossignol/File Photo
canada
Canada Post encourages early holiday shopping ahead of an expected wave of online orders
A Canada Post employee climbs into a mail truck in Halifax on July 6, 2016. THE CANADIAN PRESS/Darren Calabrese
report on business
COVID-19′s impact on how people shop means central banks must move faster on digital currency: BoC deputy
Bank of Canada deputy governor Timothy Lane delivers a keynote at the Ottawa Board of Trade in Ottawa on Dec. 5, 2019.
u.s. business
Holiday shopping season starting earlier than ever as COVID-19 upends retail landscape
Holiday knick-knacks stand are displayed for Christmas shoppers Friday, Oct. 2, 2020, at a Lowes store in Northglenn, Colo. Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December. (AP Photo/David Zalubowski)
u.s. business
Target to start holiday discounts in October, take on Amazon’s Prime Day
MIAMI, FLORIDA - AUGUST 19: Target store shopping carts are seen on August 19, 2020 in Miami, Florida. The company announced record-setting sales growth online and at established stores over the past three months causing Target shares to go up by more than 12%. (Photo by Joe Raedle/Getty Images)
report on business
Indigo’s Heather Reisman on balancing e-commerce development with bricks-and-mortar
CEO and founder of Indigo Books and Music, Heather Reisman, poses for a photograph outside their Sherway Gardens location, in Toronto on Sept. 10, 2020.
report on business
Lululemon sees holiday-quarter profit plunging on higher marketing costs
FILE - This Feb. 20, 2020 file photo shows a Lululemon sign in Burlingame, Calif. Athletic apparel maker Lululemon Athletica Inc. said Monday, June 29, 2020 it's acquiring at-home exercise startup Mirror for $500 million. The deal is part of Lululemon's plan to expand beyond just selling yoga tights and other workout clothing. (AP Photo/Jeff Chiu, File)
u.s. business
Amazon fined by U.K. regulator over tardy documents release in Deliveroo probe
FILE PHOTO: A cyclist delivers food for Deliveroo in London, Britain, September 15, 2016. REUTERS/Toby Melville/File Photo