Retail

Canadian retail is in constant flux — driven by rising customer expectations, new competitors and relentless disruption.

14,000+
retail practitioners worldwide are ready to help clients today

13,000+
retail clients trust EY to help them unlock value and build trust

CAD$1b+
annual investment in data, tech and AI to solve complex client challenges

Solving your complex challenges

CHALLENGE

Navigating AI‑driven retail transformation

Retailers face growing pressure to modernize legacy platforms while determining how AI should be deployed across the business. Making the right investment and prioritization decisions for the short, medium and long term is critical to delivering measurable value and shaping the future retail experience.


HOW EY CAN HELP

EY teams help retail clients to reimagine channels, operations and customer experience by redefining data and technology infrastructure to realize measurable value from AI across the value chain.

  • Future-ready retail platforms: providing end‑to‑end integration of modern, scalable technology architecture

  • Clear returns on AI investment: prioritizing and deploying AI use cases that improve efficiency, decision-making and commercial performance

  • Integrated data and analytics: modernizing data, architecture and governance to deliver trusted AI solutions at speed and scale

FEATURED

Will the future of retail be led by humans or AI?
Discover the future of retail and the essential balance between AI innovation and a human-centric approach.

CHALLENGE

Building retail supply chains to withstand market volatility, control costs, increase transparency and optimize inventory

Retailers face pressure to rapidly transform their supply chains amid volatility, rising costs and service expectations. Companies must improve planning, forecasting and fulfilment to maintain performance and service levels.


HOW EY CAN HELP

EY teams support retail clients to build end-to-end AI-led solutions that provide efficiency, transparency and resilience into retail supply chains.

  • Simplify complex supply chains: providing AI-enabled networks to enable predictive tracking and inventory management

  • Scale logistics and infrastructure: leveraging partnerships and existing assets to optimize cost to serve, including last mile

  • Create long-term resilience: deploying AI to simplify the complexity of diversifying, nearshoring and onshoring supply networks

FEATURED

New Rules, New Retail: How Dollar Tree is Maximizing Profit Through Smarter Stock Optimization

EY Partner, Jennifer Fagan, joined World Retail Congress’ podcast alongside WRC Chairman, Ian McGarrigle, and Dollar Tree SVP Mark Adams, to discuss the strategic shift retailers need to make: from viewing inventory as a cost center, to a growth lever.

CHALLENGE

Turning customer insight into profitable growth

To unlock profitable growth, retailers need to respond to evolving customer demands, develop personalized engagement and reshape customer journeys that enhance the customer experience, as well as secure new revenue streams from retail media and marketplaces.


HOW EY CAN HELP

EY teams support retail clients to deliver integrated digital and AI solutions to manage inventory, assortment and customer experience, driving commercial excellence by improving the commercial potential of customer data for profitability.

  • Drive growth: providing the curation of personalized products, services and promotions informed by AI and customer data

  • Inform commercial strategies: leveraging customer insights and loyalty data to manage assortments and pricing

  • Improve profitability: facilitating insight-led, multi-channel consumer engagement supported by AI-enabled tools

FEATURED

Agentic AI primed to fill baskets for Canadian grocers
Discover how agentic AI can help Canadian grocers boost loyalty, unlock data value and create new revenue opportunities.

CHALLENGE

Navigating cyber and compliance risks to strengthen stakeholder trust through robust controls

Retailers face an increasingly complex regulatory environment alongside rising cyber threats, making it essential to address compliance in areas such as sustainability and AI. Robust cybersecurity and governance are vital for strengthening stakeholder trust.


HOW EY CAN HELP

EY teams help retailers to navigate, anticipate, understand and manage complex international tax and regulatory frameworks, as well as stress test their operations to address cybersecurity vulnerabilities across the value chain.

  • Anticipate market shocks: implementing scenario planning for political, regulatory and climate risk to inform effective responses

  • Transparent governance: providing visibility across sourcing, technology, workforce and product quality

  • Secure the extended retail ecosystem: investing in third-party risk management architecture and vendor monitoring

FEATURED

Cybersecurity

Secure Creators can innovate and adopt emerging technology without compromising cybersecurity.

EY Partner Ecosystem

EY harnesses a connected ecosystem of strategic alliances and partnerships to co-create value and deliver comprehensive technology solutions and business outcomes for our clients.

Our latest thinking

Agentic AI primed to fill baskets for Canadian grocers 

Discover how agentic AI can help Canadian grocers boost loyalty, unlock data value, and create new revenue opportunities.

Will the future of retail be led by humans or AI?

Discover the future of retail and the essential balance between AI innovation and a human-centric approach.

Reaching shoppers beyond the cart: Using retail media networks to drive brand awareness and sales

Retail media networks help brand marketers boost awareness, sales and loyalty. Learn more.

Four strategic steps for Canada's consumer product and retail sector to navigate tariff uncertainty

Explore how Canadian consumer product and retail businesses can sustain competitive advantage amidst shifting tariffs. Uncover four strategic steps to navigate uncertainty effectively.

Transforming retail and consumer products podcast series

Successful retailers are responding fast in a world where the shopper experience and convenience define retail. Listen now.

How to measure and demonstrate loyalty program ROI

Loyalty programs can drive business growth and strengthen customer relationships, but determining their true value can be a challenge. Read more.

Trust by design helps grocers maximize customer experiences

Grocers that adopt a trust by design approach now can improve customer privacy experiences in ways that foster loyalty and sustainable growth. Learn how.

Are retail CEOs pessimistic? Cautiously optimistic? Or just realistic?

Retail CEOs are more pessimistic about the outlook for the industry than CEOs in other industries. Does this mean it’s all bad news for retail? Learn more.

Why consumers are wise to holiday sales and tracking more lasting value

Learn how savvy holiday shoppers redefine value despite economic challenges, and the impact on brands and retail.

Retailers: jointly own your customers’ journey to strengthen their trust and loyalty

In today’s retail landscape, a connected customer experience is the key to consumer trust.

Resilience could be retail’s next big value driver

Retail’s Future: Foster Resilience for Growth and Profit

Rethink customer experience as human experience

Technology is defining customer experience but differentiation comes from connecting to what is essentially human. Read more on studio.ey.com.

Five ways consumer brands and retailers can strengthen sustainability claims

Sustainability disclosure requirements are taking shape in Canada and around the world. Consumers are increasingly making buying decisions based on a product or brand’s sustainability commitments. Now’s the time for consumer brands and retailers to strengthen sustainability reporting. Doing so can mitigate risk while reinforcing customer loyalty.

Three best practices to drive entrepreneurial success

Explore EY’s Proven Practices for Entrepreneurial Success in Canada.

How are consumers reacting to the impact of cost and climate?

In this episode we discuss the impact of the cost-of-living and climate change on consumer sentiment. Listen now.

28m 16s

EY Future Consumer Index: when talk turns into action, be set for change

Climate change is becoming a growing reality for people around the world, and disrupting ingrained consumption habits. Learn more.

Retailers: jointly own your customers’ journey to strengthen their trust and loyalty

Meeting today’s independent consumers means getting to know them in a new way and being accepted into their circle of influence.

How retailers are positively embracing multiple challenges

In this episode the panel discuss the highlights and takeaways from World Retail Congress 2023 in Barcelona. Learn more.

15m 8s

What will the metaverse bring to the future of retail?

We discuss the potential of the metaverse for retailers and what it could mean for the shopping experience. Listen now.

17m 47s

How to serve consumers who rely on tech, but don’t trust tech

Our global research shows how digital is transforming the consumer and why relationships shaped by trust, respect and value are critical. Learn more.

Transforming retail podcast

In this episode of the Transforming retail podcast, panelists share their experiences from store tours around different locations in London. Listen now.

19m 25s

Future Consumer Index: Five consumer types you need to understand

The 11th wave of the global study explores the emerging priorities that will shape future consumption patterns. Learn more.

Webcasts

Enhancing retail trust and loyalty through data privacy: a fireside chat with EY data and privacy leaders

In this webcast, panelists discuss data privacy strategies for retailers, focusing on secure, seamless customer experiences and responsible data stewardship.

Beyond borders: global trade with Shopify

In this webinar, panelists discuss how Managed Markets has helped businesses navigate cross-border challenges and its near-immediate effects of building an intentional futureproofed customer experience.

Unlock the power of unified commerce: exclusive conversation with EY and Shopify

In this webinar, explore how unified commerce is not just a trend, but a strategic necessity for futureproofing your retail operations and delivering exceptional customer journeys.

Powering Oak and Fort’s Hypergrowth Journey with Shopify and EY

In this webcast, panelists discuss OAK + FORT’s retail transformation, exploring Shopify and EY’s role in enabling hypergrowth for Canadian businesses.

Case studies

How Canadian Tire leveraged the potential of customer data with AI

An iconic Canadian retailer drives personalized customer service with smarter data management and advanced analytics. Learn more in this case study.


How will customer-first technology create retailer value that lasts?

Consumers expect more from retailers than ever before – it’s time for retail businesses to maximize technology to evolve for the future.


Shape the future with confidence

Get in touch with us to learn more about how we can help you to confidently reimagine retail channels, operations and experience to grow profitable customer-centric businesses.

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