The Retail Council of Canada (RCC) has introduced the Retail Pulse Dashboard, a customizable tool to help retailers and their business partners access data like retail sales by province, economic impact, updates on employment in retail, mobility, consumer, and credit, and debit card spending details. RCC members have access to even richer data.
Developed in partnership with KPMG and the data visualization team Lighthouse, the Retail Pulse Dashboard can be found on the RCC website. It collects and consolidates, data from various sources, including Statistics Canada, to allow users to find critical information across multiple retail sectors, regions, and timeframes.
“The last couple of years have been a time of profound change for the retail industry and it’s more important than ever for retailers to leverage the power of data and seize opportunities to yield long-term success,” says Diane J. Brisebois, President and CEO, Retail Council of Canada. “Retail Council of Canada understands this better than anyone. We are therefore thrilled to introduce the Retail Pulse Dashboard, that can be found on our RCC website, which will make it easier for businesses to find key retail data points in one place.
“Regularly updated overview information on the retail industry is available to everyone,” she adds. “RCC members, however, have access to much richer data, enhanced filtering, comparisons, and customization. It’s pretty amazing.”
“Today, retailers need to make informed decisions faster than ever,” adds Kostya Polyakov, National Industry Leader for Consumer and Retail, KPMG in Canada. “So, KPMG developed a smart, new platform that collects and delivers near-real time and real-time industry intelligence, across the metrics that matter to retailers so they can make better, more informed business decisions.”
Sarah Jordan, CEO, Mastermind Toys, a member of RCC, adds: “It is a game changer for our industry and teams to have a singular resource that gives companies access to the most relevant retail data. “To stay competitive and growth orientated, it is critical for us to have several channels to get the insights we need so we can continuously refine and innovate our brand storytelling and customer experiences. Spending less time gathering rich data from different sources and allowing more time to react quickly to trends is such a welcomed advantage, especially given the pace of the retail environment.”