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Sask. retailers hope to cash in on Cyber Monday
A survey by BMO finds nearly half of Saskatchewan shoppers will be heading online to make their purchases.
Published Monday, November 26, 2012 7:31AM CST
Last Updated Monday, November 26, 2012 10:55AM CST
Saskatchewan retailers are hoping to cash in on the hype being generated by Cyber Monday.
A survey by BMO finds nearly half of Saskatchewan shoppers will be heading online to make their purchases. Sixteen per cent of consumers across the country will buy for others, while five per cent will be buying for themselves.
Twenty-three per cent of those surveyed say they plan on taking the "a little bit for me, a little bit for you" approach to shopping.
There’s disappointing news for local retailers in our province though. The survey found only 19 per cent of Saskatchewan and Manitoba shoppers plan to shop at independent local boutiques. That's the lowest rate in the country.
In spite of the mixed numbers, Saskatchewan retailers say online shopping remains a big part of their earnings.