Nov
25
2013

The Gift Of Giving Tuesday

Set aside some of your shopping budget to give back.

The Gift Of Giving Tuesday

In our family, we celebrate all of the Jewish and Christian holidays, which makes for a busy and gift-filled time of year. Add to that my kid's birthday in the midst, and the amount of stuff can make us all feel a bit queasy.
 
We’ve tried to find some remedies to the excess. We no longer exchange gifts with any adults in our families, choosing instead to take turns picking a favourite charity, and then making a combined large donation. He or she who chooses also gets the tax receipt.
 
The trickier part is how to impress upon our very fortunate children the importance of sharing our many blessings. Typically we donate one nightly gift of Chanukah (the tradition is to have a small gift for each of the eight nights of Chanukah), and go to the grocery store for formula, peanut butter, and other staples. Then we walk them over to the local fire department where not only do the kids feel good about their donation, they also get to check out the fire department, which is never a bad thing.
 
This year we’ll also be talking about Giving Tuesday. You’ve probably heard about Black Friday and Cyber Monday—the days following U.S. Thanksgiving where huge deals and tons of shopping are to be had. In response, some smart and good people have come up with Giving Tuesday. The idea is to set aside a little of your holiday shopping budget to make a difference in someone else’s life. Here’s a great video about it.
 
There are so many ways to make a charitable giving a part of your holiday season. To make it extra easy, check out Canada Helps. Through this organization, anyone can donate online to any registered Canadian charity. Think of it as one-stop charitable shopping.
 
Wishing you a happy Giving Tuesday!
Nov
21
2013

Are Department Stores Dead?

One by one, they're closing up shop.

Are Department Stores Dead?

department stores are dying
Another one bites the dust. Sears Canada recently announced that it will soon close its flagship location at the Toronto Eaton Centre, in addition to four other stores. 
 
The concept of the department store was created to serve as a one-stop shop for everything you might need in your home: clothing, cosmetics, furniture, appliances—anything really. But so much has changed in retail since Eaton’s—now bankrupt—dominated the Canadian landscape. Traditional department stores now face three distinct threats.
 
These threats include:
 
Online shopping. Anything you desire can be delivered to your door, and you can do it in your pajamas.
• Specialty retailers. These guys focus in one area (think Best Buy), so they are experts in their category and can offer service to match.
• Mass retailers. Big box stores compete on price (think Target) because of their massive buying power.
 
My mother-in-law loves department stores. Going to the Bay in downtown Winnipeg makes her nostalgic for shopping trips she took there as a child.
 
Me? I can’t stand department stores. All those escalators exhaust me. The wide selection of goods gives me fatigue. When I have to buy something, I want to get in and out, and department stores conspire against my need to power shop.
 
What about you? Are you surprised by the closures of Sears stores? How do you shop?