By  on June 5, 2013

TORONTO — Celebrating its 50th anniversary this year, the Retail Council of Canada marked the milestone Tuesday with the launch of Store 2013 — the largest annual retail conference in Canada.

Representing more than 43,000 retailers in Canada, the industry-funded, not-for-profit association kicked off the two-day event with the help of Target Canada president Tony Fisher and Andrew Jennings, the chief executive officer of Karstadt of Germany. The two brandish different track records (Fisher began his career with Target in 1999, and Jennings spent 39 years working at high-end stores such as Harrods, Saks Fifth Avenue and Holt Renfrew). Despite those differences, both executives stressed the importance of embracing social media and listening to customers 24/7 in order to survive in today’s “change or die” retail environment.

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