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The Voice of Retail

Taylor Swift Takes Toronto, Black Friday_Cyber Monday Flash results with Sean McCormick, Vice President from Moneris Data Services

Dec 13, 2024
35:22

On this episode, I welcome Sean McCormick, Vice President Business Development from Moneris Data Services, for a deep dive into the numbers behind consumer behaviour during the holiday season and beyond. Together, we unpack the fascinating data-driven impact of Taylor Swift's Toronto tour, which saw local spending skyrocket by an impressive 45% in downtown areas. Sean shares how payment insights reveal trends across hotels, restaurants, retail, and even specialty sectors like jewelry and accessories.

The conversation also shifts to the performance of key retail events like Black Friday and Cyber Monday, which delivered significant year-over-year growth in 2024—up 11% and 10%, respectively. Sean offers compelling theories on how deal-seeking behaviour, fueled by inflationary pressures, has reshaped consumer priorities and created a surge in holiday sales.

Listeners will also gain insights into innovative retail strategies, including leveraging dynamic currency conversion for international shoppers and exploring pop-ups and digital activations for maximizing event-driven revenue.

Whether you're a retailer seeking actionable data insights or simply curious about the intersection of pop culture and economic impact, this episode offers valuable takeaways on how consumer trends are evolving. Don't miss this lively discussion packed with expertise, practical advice, and predictions for the remainder of the holiday season!

Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur.  He has been on the front lines of retail industry change for his entire career. 

Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada’s Retail Marketing conference with leaders from Walmart & Google.  He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.

Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.

Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer.  If you are a BBQ fan, you can tune into Michael’s cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.

Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world. 

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