In December 2017, e commerce accounted for nearly $1.9 billion or 3.4 per cent of total retail sales in the country, according to Statistic Canada, suggesting annual growth of about four per cent from 2016.While the online phenomenon has eaten into the bottom line of brick and mortar store chains, the rise of specialty retailers such as stand alone stores for brands such as Hunter boots and Canada Goose jackets and discount stores, including Walmart and Dollarama, are also luring shoppers away from former Canadian mall stalwarts like Sears.Meanwhile, technological advances have replaced or diminished consumer desire for certain products, said Begic. Higher quality smart phone cameras, for example, have fewer consumers opting for traditional cameras, hitting photography centric stores such as Blacks Photography hard. The chain closed its 59 Canadian stores in 2015.The popularity of the sharing economy including online trading platforms like Bunz has lessened the need for buying new items, he said, while an increase in delivery services has weakened demand for bricks and mortar space.It also possible that Canada simply has built up too much real estate devoted to retail, he suggested.The country boasts 94 square metres of retail space for every 100 people, according to data from the Shopping Centre Council of Australia, far more than the United Kingdom at 44 square metres and Germany at 22 square metres.
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And he added, “People don’t eat steak five nights a week.”Some new services may be available, and even some new facilities.For example, at the Sheraton Sand Key, where delegates could fill more than 300 rooms, a third party vendor will be allowed to set up shop to sell RNC merchandise.And Shephard’s Beach Resort, which is hosting South Dakota delegates, is rushing to double the size of its waterfront stage.Although hoteliers may be spending some money to prepare for the influx, they are expecting something in return: advertising. Many hope that delegates will return home with high praise for North Pinellas’ bays and beaches, its palm trees and water views.”It’s going to be a very, very nice piece of business. No doubt about it,” Wyndham Garden general manager Nigel Duffett said.