51250
50225
S&P/TSX
15439.44
-13.20
(-0.09%)
S&P-CDNX
832.82
+2.65
(0.32%)
S&P-500
2716.26
-15.96
(-0.58%)
NASDAQ
7234.31
-5.16
(-0.07%)
Dow
24964.75
-254.63
(-1.01%)
Dollar
0.7896
-0.00095
(-0.120%)
Oil
61.12
-0.67
(-1.08%)
Gold
1328.90
-2.30
(-0.17%)
Silver
16.365
-0.073
(-0.44%)


Shoppers still prefer stores

A survey done for BMO Capital Markets suggests Canadians prefer shopping in store to ordering online.

The bank asked Canadians if they would consider buying different products in five categories from Canadian Tire, Walmart or Dollarama.

It asked if shoppers would prefer to buy the product online from the retailer's website, the retailer's physical location or Amazon.ca, assuming they were the same price.

The 1,200 surveyed overwhelmingly preferred to buy items from a physical retail location, as opposed to online in every category.

BMO analyst Peter Sklar wrote in a report that the survey highlighted one of a number of factors that he believes insulates Canadian Tire from the impact of Amazon.ca, at least in the near term.

BMO noted that the survey included only items priced between $1.25 and $30.



More Business News

47662
Recent Trending
49238
Okanagan Oldies
Castanet Proud Member of RTNDA Canada
Press Room