Canada’s retailers now have ‘one-stop’ platform to access up-to-date data

The Retail Council of Canada (RCC) now released the Retail Pulse Dashboard, an initiative created by KPMG Canada intended to let Canadian merchants to access an assortment of details across many retail sectors, locations, and timeframes, in both formal languages.

The system, in accordance to a launch, collects and consolidates facts from several resources, including Studies Canada, about every little thing from national retail product sales and task figures to financial information and client shelling out.

“The past couple of many years have been a time of profound modify for the retail field and it is additional vital than at any time for shops to leverage the electricity of details and seize alternatives to produce extensive-expression success,” claimed Diane Brisebois, president and main government officer of the council.

The dashboard, she added, will make it simpler for companies to find key retail details details in one particular place. “Regularly up-to-date overview info on the retail business is readily available to everyone,” she observed. “RCC associates, on the other hand, have entry to significantly richer facts, improved filtering, comparisons, and customization.”

Kostya Polyakov, countrywide market leader for shopper and retail for KPMG in Canada, stated the platform “collects and provides in close proximity to-genuine time and actual-time market intelligence, across the metrics that matter to stores, so they can make superior, more knowledgeable business choices.”

Describing it as a “game-changer,” RCC member Sarah Jordan, CEO of Mastermind Toys, a retailer with 68 areas throughout the state, mentioned, “to stay competitive and development orientated, it is crucial for us to have quite a few channels to get the insights we need to have so we can continuously refine and innovate our brand storytelling and buyer ordeals.

“Spending a lot less time collecting wealthy info from different resources and enabling a lot more time to respond immediately to trends is these a welcomed advantage, specially specified the speed of the retail natural environment.”