Businesses

The Impact of Online Shopping on Local Business

Read LOCO’s new report on the impact of online shopping on local business in Canada. A study on trends in online retail along with surveys of Canadian independent retailers and consumers reveals the following:

Online shopping is a growing trend in Canada. Sales are expected to double by in the next four years, from $22 Billion in 2014 to $40 Billion by 2019.

B.C. retailers cite “competition from internet retailers” as one of two top challenges they face (tied for top …