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Canadian Retailers Bet On Technology In Fight With U.s. Giants


Ron Burgundy
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A man holds a smartphone in this photo illustration showing the Canadian Tire app in TorontoBy Sayantani Ghosh and Solarina Ho TORONTO (Reuters) - Canadian retailers, scrambling to keep pace with the likes of Wal-Mart Stores Inc and Amazon.com Inc in an increasingly crowded market, are investing heavily in high-tech tools to lure shoppers. Companies have ramped up their efforts to address consumers' evolving shopping habits and to compete with rivals such as Wal-Mart, which is pouring more than C$30 million ($27.4 million) into Canadian e-commerce projects this year. Canadian Tire Corp , Hudson's Bay Co and Metro Inc are among those making technology investments. The tools, which include data analytics, mobile apps and online stores, have long been used by U.S.




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