Bensadoun School of Retail Management - BSRM News /bensadoun-school/channels_item/2 en Mid-market brands to benefit from consumers’ renewed focus on the basics /bensadoun-school/node/609301 <p>2024 was a rough year for retail in Canada, and 2025 doesn’t look much better, writes<strong> <a href="/newsroom/charles-de-brabant">Charles de Brabant</a></strong><a href="/newsroom/charles-de-brabant"> </a>in Retail Insider. The Executive Director of the Bensadoun School of Retail Management noted that the combination of high interest rates and high inflation has taken a toll on consumer pocketbooks, and they are expected to focus on the basics this year. That plays well for mid-market brands.</p> Wed, 21 May 2025 19:39:28 +0000 ɫƵ MMR students explore retail innovation in Dubai /bensadoun-school/node/607933 <p>In March 2025, students in the Master of Management in Retailing (MMR) program at ɫƵ Desautels, took part in a week-long study trip to Dubai, to explore one of the world’s most dynamic retail hubs.</p> <p>The itinerary included meetings with industry leaders from Dubai Economy and Tourism, Huda Beauty, Apparel Group, Kitopi, DAMAC, Carrefour, and Majid Al Futtaim Group. Students gained firsthand insights into retail innovation, digital strategy, localization, and customer experience.</p> Wed, 16 Apr 2025 16:38:58 +0000 ɫƵ Tariff-induced economic uncertainty is affecting Canadians’ purchasing decisions /bensadoun-school/node/609302 <p>Even as the venerable Hudson’s Bay Company liquidates its iconic department stores, some Canadian retailers are experiencing a renaissance. Quebec department store has been expanding, even as others struggle to stay in the black. But Trump’s tariffs are clouding the future for Canadian retailers.</p> Thu, 27 Mar 2025 19:38:04 +0000 ɫƵ Identifying tariffed products could be seen as attempt to mask increased margins /bensadoun-school/node/609303 <p>Since U.S. President Donald Trump took office in January, frequent tariff threats have disrupted the economy. It is difficult to keep track of which products will be tariffed, when they will be tariffed, and how much they will be tariffed by. But Provigo stores in Quebec are taking steps that will help shoppers understand the factors that affect the price of their groceries. They are developing signage that will mark tariffed items with a “T” to explain price hikes.</p> Thu, 27 Mar 2025 19:03:24 +0000 ɫƵ Software helps combat online shopping fraud /bensadoun-school/node/609306 <p>Buying clothing, wearing it once or twice, and then returning it is not a new practice, but online shopping has amplified the issue. To stay competitive with e-commerce giants, retailers have had to simplify their return processes, making them more vulnerable to abuse. “Amazon puts pressure on speed of delivery and the customer always being right,” says <a href="/newsroom/charles-de-brabant"><strong>Charles de Brabant</strong></a>, Executive Director of the Bensadoun School of Retail Management.</p> Fri, 07 Feb 2025 02:07:47 +0000 ɫƵ Keeping Christmas lights on to add ambiance can help set a shopping district apart /bensadoun-school/node/609304 <p>Christmas lights that glow softly through long winter nights are part of what makes the holiday season so atmospheric—but they can add to the ambiance any time of year. Some shopping districts are leaving their lights up for exactly that reason.</p> Wed, 29 Jan 2025 20:07:13 +0000 ɫƵ Montreal retailer Frank and Oak files for creditor protection for second time /bensadoun-school/node/609305 <p>In January 2025, the Montreal-based retailer Frank and Oak filed for creditor protection for the second time in recent years. A company statement said it was to protect employees, assets and operations from creditor claims while exploring options to restructure. “The brand is not standing out in an environment where other brands have done well,” said <strong>Bensadoun School of Retail Management</strong> Executive Director <a href="/newsroom/charles-de-brabant"><strong>Charles de Brabant</strong></a> in an interview with the Montreal Gazette.</p> Fri, 17 Jan 2025 17:25:58 +0000 ɫƵ Healthy snacks make good business sense /bensadoun-school/node/609427 <p>A 2022 study by researchers at ɫƵ Desautels revealed that when shoppers were offered a promotion that gave them a choice between a healthy snack and a pastry with their coffee, sales of healthy snacks increased by more than 1000%.</p> Wed, 11 Dec 2024 19:04:02 +0000 ɫƵ Meet the winning teams of our Retail Gen AI Hackathon /bensadoun-school/node/604847 <p>Congratulations to our winning teams of the Bensadoun School’s 2<sup>nd</sup> annual <strong>Retail Gen AI Hackathon</strong>.</p> <p>We had 38 student teams register representing diverse faculties across ɫƵ. Over two days, 10 finalist teams hacked creative Gen AI solutions for our title sponsor ALDO Group.</p> <p>Each team had an AWS mentor and access to support from IVADO Labs and <a href="/bensadoun-school/data-sphere-lab">DataSphere Lab</a> team members.</p> Thu, 10 Oct 2024 14:45:28 +0000 ɫƵ Participate in the Fall 2023 edition of the Retail Gen AI Hackathon /bensadoun-school/node/599821 <h2><em>October 5-13, 2023</em></h2> <p>Want to work collaboratively in a fun yet competitive environment to develop innovative generative AI solutions for the ALDO Group’s Data &amp; Analytics Corporate Team?</p> <p>This first edition of the <strong>Retail Gen AI Hackathon</strong>, powered by ALDO Group, is a unique opportunity to work on a real-life problem, develop a solution in a fast-paced environment, and learn how AI and data analytics can help retailers make better data-driven decisions within their operations.</p> Fri, 11 Aug 2023 16:22:07 +0000 ɫƵ Bensadoun School receives $5M in provincial funding for retail innovation /bensadoun-school/node/271926 <p>The <strong>Quebec Ministry of Economy and Innovation</strong> has awarded the <strong>Bensadoun School of Retail Management</strong> 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’s 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.</p> Wed, 31 Mar 2021 15:24:02 +0000 ɫƵ ɫƵ and Alimentation Couche-Tard launch unique laboratory store to propel retail industry and customers into the future /bensadoun-school/node/228601 <p><i>Partnering with Alimentation Couche-Tard Inc., the new retail innovation lab at ɫƵ’s Bensadoun School of Retail Management will enable ground-breaking research and test innovations, including frictionless technologies</i></p> Thu, 14 Jan 2021 20:41:49 +0000 ɫƵ