The little gems do come with drawbacks, however. "I can see a future state where some of the crystals fall off the cups and the gift card based on the usage of the product," said Toronto-based retail consultant Bruce Winder.
BNN discusses the mild winter weather's impact on retailers with Bruce Winder, Partner, Retail Advisors Network.
"Retailers [should] really work to understand who their customers are and what type of purchasing environment they desire," says Bruce Winder, partner in the Retail Advisors Network.
McDonald’s Canada is taking on Tim Hortons and Starbucks in one go by opening standalone versions of its successful McCafé concept in highly-trafficked areas of Toronto — the first outlets of their kind in North America.
Investors will be scrutinizing inventory and margins when Lululemon Athletica reports its third quarter earnings on Wednesday, as fears mount that competitors are eroding the yoga wear-maker's share of the lucrative athleisure market.