Small businesses in Metro Vancouver hope for Black Friday business boost - Action News
Home WebMail Friday, November 22, 2024, 06:45 PM | Calgary | -11.5°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
British Columbia

Small businesses in Metro Vancouver hope for Black Friday business boost

As people begin holiday shopping this Black Friday,some business associations in Metro Vancouver say theyare optimistic this year will bringthe boost stores need to recover from challenges brought on by the COVID-19 pandemic.

Business associations encourage people to shop local as many stores continue to grapple with pandemic fallout

A sale notice posted ahead of Black Friday in downtown Vancouver on Tuesday. (Ben Nelms/CBC)

As people begin holiday shopping this Black Friday,some business associations in Metro Vancouver say theyare optimistic this year will bringthe boost stores need to recover from challenges brought on by the COVID-19 pandemic.

They also say supporting locally owned businesses is more important than ever, after two holiday seasons of decreased customer traffic due toCOVID-19 restrictions.

"Alot of businesses obviouslywere dramatically hurt and many didn't recover from the pandemic," said Laura Ballance, spokesperson for the Downtown Surrey Business Improvement Association (BIA).

Ballance sayssupporting small- and medium-sized businesses will help bring revenue to their respective communities.

"Small businesses in their community are the ones that hire hire our neighbours, hire our children, support our community events,"she said.

She's also encouragingpeople to support brick-and-mortar stores big and small over online retailers.

At least 84 businesses in downtown Vancouverpermanently closed in 2020duringthe COVID-19 pandemic, according to the Downtown Vancouver BIA; almost halfwere independently owned.

"The last couple of years have not been great," said Wally Wargolet, executive director of the Gastown Business Improvement Society.

Wargolet says businesses in that neighbourhood saw an 80 per cent decline in revenue during the height of the pandemic,but he hopes this year will be differentnow thatCOVID-19 travel restrictions have eased.

"We're anticipating there might be a spike in some of the tourism in Vancouver from our friends down in Washington," he said.

"They're going to want to have a coffee pickup or maybe grab something to eat. So it really is a benefit to the overall neighbourhood."

Pandemic shifted shopping online: Best Buy

Mathew Wilson with Best Buy Canada says the company's storesare expecting more in-person shoppers with the lifting of restrictions.

"It's an exciting year as people get more back into shopping in store," said Wilson.

But he said the boom in online shopping during the pandemic has changed theway people choose to buy.

"I would say it's kind of become a mix," he said.

"People don't sleep out overnight [to line up for deals] anymore but there certainly are still lines. There certainly is a great atmospherewith the excitement of the sale day.

"But there are definitely many people who continue to purchase products online and have it shipped to their home."

With files from Brittany Roffel