Global Opportunities

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May Currency Outlook

In their May 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief First quarter U.S. GDP showed higher level of growth than anticipated The USD appreciated 2.4% in April GBP sunk due to Brexit uncertainties Euro-zone’s economic recovery has reached…

Global Retail Intelligence – April

To follow is a brief review of retail news from around the world: April 16 - JD.Com Plans to Open 1000 Stores Per Day The Chinese online retail giant opened a store a week in March and announced that their goal is to continue their rapid expansion of franchised convenient stores to reach 1 million in 5 years. From MINGTIAandI April 16 – Alibaba’s Tmall Launches New…

April Currency Outlook

In their April 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD fell by more than half of a percentage The Fed raised interest rate to 1.75%, signaling confidence The European Central Bank changed policy language, removing allowance for…

Export 101: Understanding Export Compliance

Product Testing and Compliance When selling products to international markets, some certifications and compliance testing is likely required before your product can be shipped. The type of product you sell will determine which testing protocol and certifications are required. Certification proves a minimum level of credibility to the market. Consumers in global markets…

Canadian Tire: Key Canadian Retailer Update

As a preview to the presentation during the upcoming IBC Global Forum, the following is a brief on Canadian retailer, Canadian Tire. As of September 20, the speaker for the Canadian Tire presentation will be Doug Young, replacing Oliver Horton. Canadian Tire has a network of more than 1700 stores (to view, click the "View Map" button under the "Locations" section) spread…

March Currency Outlook

In their March 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD recovered by 1.5% according to the Bloomberg Dollar Spot Index Among the G-10, the Canadian Dollar fell the most, 4.6% The Japanese Yen gained 2.5%, reaching its highest level…

Global Retail Intelligence – March

To follow is a brief review of retail news from around the world: March 19 – Alibaba’s New App Focuses on Discounted Products The new App features products that sell below 19.9 yuan (˜US$3). This “Taobao Special Offer Edition” offers products across a large range of categories, including food, clothing and electronics accessories and includes delivery in the cost of the…

2018 Global Powers of Retail Report Released

In the 2018 Global Powers of Retail Report, newly produced by Deloitte as a collaboration with STORES magazine, authors explore the transformative environment that is enabling consumers to shop however, wherever, whenever and for whatever they want. This disruption of traditional business models has resulted in significant change in retail markets, while delivering rapid growth…

February Currency Outlook

In their February 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD was at its lowest since 2011 The Euro surged by 3.3%, reaching its best level in 3 years The Bank of Canada increased Interest Rates and the Canadian Dollar had a four-month…