The retail innovation lab at the Bensadoun School of Retail Management is redefining the way technology and consumer behaviour impacts the retail experience. Professor Maxime Cohen and Charles de Brabant reflect on the push for a safer, more frictionless experience in the wake of the COVID-19 pandemic.
For Canada鈥檚 fashion retailers, reinvention is critical to success in a business landscape where consumers are becoming more aware of the impact of the fashion industry on global climate change and other forms of environmental degradation. Anwar White, Program Director for the Master of Management in Retailing program, shares his insights on the steps that brands should take to reduce their environmental footprint and appeal to a new generation of consumers.
Professor Saibal Ray, Academic Director of the Bensadoun School of Retail Management, joins the Scott Thompson Show to offer his perspective on the safety of AstraZeneca and Johnson & Johnson vaccines in the wake of health scares.
For a glimpse into the future of convenience stores, look no farther than the Bensadoun School of Retail Management鈥檚 brand-new retail innovation lab, a live laboratory of innovation that is carefully designed to provide complex insights about consumer habits and preferences. Located in the heart of campus, the Couche-Tard convenience store features 15 invisible zones that monitor activity with the goal of eliminating slowdown points and meeting customer needs more efficiently.
The just-in-time inventory system may have revolutionized supply chain management, but the staggering complexity of distributing COVID-19 vaccines calls for a more nuanced approach. Professor Saibal Ray brings his supply chain expertise to bear on the issue, painting the challenge in vivid detail and recognizing the opportunity to make supply chains more resilient in the future.
Professor Saibal Ray joins the Scott Thompson Show podcast to answers questions about current state of COVID-19 vaccine acquisition across Canada. Recently, Ontario Premier Doug Ford announced a substantial provincial investment in the construction of a new, state-of-the-art influenza vaccine facility.
香蕉视频鈥檚 Bensadoun School of Retail Management will receive $5 million in funding to drive retail innovation and research, and support the province鈥檚 small and medium-sized enterprises (SMEs).
Professor Saibal Ray recently made a guest appearance on The Bill Kelly Show on Global News Radio to discuss the current vaccine shortage in Canada.
From Ray鈥檚 perspective, politics has played a central role in many countries鈥 decision to reserve vaccines for their own citizens, but navigating a complex supply chain has also factored into the difficulties experienced by countries like Canada.
The Quebec Ministry of Economy and Innovation has awarded the Bensadoun School of Retail Management with $5 million in funding over the next four years. According to Minister Pierre Fitzgibbon, a significant portion of the funds will support the Bensadoun School鈥檚 retail innovation lab. Unveiled earlier this year, the live laboratory store is designed to provide insights that will help accelerate Quebec retailers along the path of digital transformation.
Fashion retailer Le Ch芒teau is currently under liquidation, but not all hope is lost.
Charles de Brabant, Executive Director of the Bensadoun School of Retail Management, says it鈥檚 possible for the Quebec chain to stage a comeback by shifting to an e-commerce model.
Professor Yu Ma, Academic Director of the Master of Management in Retailing (MMR) program, weighs in on the ongoing impact of the pandemic on Canadian retail trends, particularly the steep rise in e-commerce. From his perspective, the convenience of online shopping comes at the expense of the social aspect that encourages customers to spend their money in-store.
According to Professor Saibal Ray, most companies were ill-prepared to deal with the surging demand for essential goods after the outbreak of the pandemic in March 2020.
Panic buying and hoarding combined with transport shutdowns to make shortages even more severe.
One year later, we are still feeling the ripple effects of the initial shock to the supply chain.
A generous $500,000 contribution from KPMG to the Made by McGill campaign will support the Bensadoun School of Retail Management (BSRM) through funding an annual retail summit that fosters collaboration among leading global retailers.
A portion of the contribution will fund a new Equity, Diversity and Inclusion (EDI) award for students enrolled in specialty master鈥檚 programs at the Desautels Faculty of Management, allowing students from diverse backgrounds to focus on education without financial restrictions.
Emerging 鈥榮hop local鈥 trends have helped set the Canadian retail industry on a fast track to recovery despite pandemic-induced closures.
According to Charles de Brabant, Executive Director of the Bensadoun School of Retail Management, the sense of community pride that has motivated shoppers to shop local makes all the difference for Canadian retailers that are struggling to weather the pandemic.
Under the leadership of co-director Professor Maxime Cohen, McGill鈥檚 new retail innovation lab is experimenting with contactless shopping, a rising trend in retail innovation.
By downloading an app, shoppers can use QR codes to unlock store doors and pick up any items they want without having to check out in the store. Cohen joins Global News Morning Montreal to share more.