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Omar H. Fares

Omar H. Fares

Lecturer in the Ted Rogers School of Retail Management, Toronto Metropolitan University
Omar H. Fares is a Lecturer at the Ted Rogers School of Retail Management. Omar earned his Bachelor of Commerce and Master of Science in Management from Toronto Metropolitan University. Omar's main research interest is in the consumer behaviour area, particularly focusing on consumers' interaction with novel digital innovations and the impact of digital innovations on retailers. Omar published his research in different impactful journals, such as Computers in Human Behavior, the Journal of Financial Services Marketing, and the Journal of Global Scholars of Marketing Science. Omar's professional background combines expertise in sales, market research and planning, corporate strategizing, and leadership & training in the banking and retail sectors. Omar worked for different leading institutions such as Walmart, CIBC, and Fairstone bank (Previously known as Duo Bank)

The rise of ‘sober curiosity’: Why Gen Zers are reducing their alcohol consumption

Nov 26, 2024 13:26 pm UTC| Insights & Views Life

Generation Z is leading a significant shift in drinking habits. In fact, compared to preceding generations, Generation Z may be the soberest generation yet. Members of Gen Z consume about one-third less beer and wine...

Meet the ‘new consumer’: How shopper behaviour is changing in a post-inflation world

Jun 06, 2024 11:31 am UTC| Economy

After a long anticipated wait, the Bank of Canada has finally decided to cut interest rates by 25 basis points. The decision marks a departure from the series of interest rate hikes that were previously implemented to curb...

Wendy’s won’t be introducing surge pricing, but it’s nothing new to many industries

Mar 07, 2024 07:38 am UTC| Insights & Views Economy Business

The recent controversy over Wendys pricing strategies is a perfect example of how online word-of-mouth can distort marketing communications and create confusion for consumers. Wendys new president and CEO Kirk Tanner...

OpenAI’s new generative tool Sora could revolutionize marketing and content creation

Feb 22, 2024 06:26 am UTC| Insights & Views Technology

OpenAIs new generative Sora tool has sparked lively technology discussions over the past week, generating both enthusiasm and concern among fans and critics. Sora is a text-to-video model that significantly advances the...

What drives people to panic buy during times of crisis: A new study sheds light on the psychology of consumers

Nov 08, 2023 12:00 pm UTC| Health

Fear can cause people to behave irrationally in times of uncertainty. During the pandemic, this took the form of panic buying as people flocked to stores to stock up on essential goods. Some even sought to profit off of...

The rising cost of living is eroding brand loyalty as consumers seek more cost-effective alternatives

Oct 12, 2023 07:19 am UTC| Life

As Canadians grapple with the rising cost of living, many consumers are reevaluating their daily choices and purchase habits. The cost of groceries is forcing many households to make difficult decisions, like having to...

Apple's new Vision Pro mixed-reality headset could bring the metaverse back to life

Jun 10, 2023 11:23 am UTC| Technology

The metaverse a shared online space incorporating 3D graphics where users can interact virtually has been the subject of increased interest and the ambitious goal of big tech companies for the past few...

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Economy

China’s Central Bank Highlights Stable Yuan and Pro-Consumption Policies for 2025

Chinas central bank governor, Pan Gongsheng, emphasized the importance of a stable yuan for global financial stability, reaffirming Beijings commitment to allowing market forces to determine the exchange rate. Speaking at...

Gold Hits Record $2,900 Amid Trade War Concerns

Gold prices surged past $2,900 per ounce for the first time this week, driven by escalating trade tensions after President Donald Trump hinted at a 25% tariff on all US steel and aluminum imports. Despite this...

S&P 500 Nears Record as Consumer Weakness, Inflation Concerns Weigh Markets

The SP 500 closed at 6,111.75, just shy of its record 6,118.71, slipping 0.1% on Friday as weak retail sales and inflation concerns curbed gains. The Dow Jones Industrial Average dropped 166 points (-0.4%), while the...

Taiwan Pledges Stronger U.S. Ties Amid Trump’s Chip Industry Concerns

Taiwanese President Lai Ching-te vowed to address former U.S. President Donald Trumps concerns over the semiconductor industry, emphasizing collaboration with the U.S. to strengthen supply chains and boost investment....

USD Stabilizes as Trump Holds Off Immediate Tariffs

The U.S. dollar steadied near a three-week low on Friday, buoyed by hopes of delayed trade tensions after President Donald Trump refrained from immediate reciprocal tariffs. Trump ordered his team to draft plans for...

Politics

Mauritius' Former Prime Minister Pravind Jugnauth Arrested on Money Laundering Charges

Former Mauritius Prime Minister Pravind Jugnauth has been arrested on money laundering charges, according to the state-run Financial Crimes Commission (FCC). FCC spokesperson Ibrahim Rossaye confirmed Jugnauths arrest...

Israel Receives MK-84 Bomb Shipment from U.S. After Trump Lifts Ban

Israel has received a shipment of MK-84 bombs from the United States after President Donald Trump lifted an export block imposed by the Biden administration. The MK-84, a 2,000-pound unguided bomb, is capable of...

Russia, U.S. Officials to Hold Ukraine Peace Talks in Saudi Arabia

Russias Finance Minister Anton Siluanov visited Saudi Arabia ahead of scheduled talks between Russian and U.S. officials aimed at ending the nearly three-year war in Ukraine. The high-level discussions will take place in...

Putin and Trump Discuss Peace in Key Phone Call, Says Kremlin

The Kremlin announced on Sunday that a recent phone call between Russian President Vladimir Putin and former U.S. President Donald Trump marked a significant shift toward peace-focused dialogue between Russia and the...

US, Russia Discuss Ukraine, Diplomacy, and Sanctions Relief

U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergei Lavrov discussed the Ukraine conflict and the removal of U.S. sanctions in a call on Saturday, according to Moscow. The call, initiated by the U.S.,...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

Tencent Integrates DeepSeek AI into Weixin for Enhanced Search

Tencent announced that its Weixin messaging app, Chinas largest, is testing DeepSeeks AI model for search functionality in a beta program. This integration, confirmed by Tencent via Reuters, signifies a major step as tech...

Royal Society to Discuss Elon Musk's Fellowship Amid Controversy

The Royal Society, the worlds oldest national scientific academy founded in 1660, will hold a meeting on March 3 to discuss principles related to the public conduct of its fellows. This comes after more than 2,000...

OpenAI Rejects Elon Musk's $97.4 Billion Bid Amid Legal Battle

OpenAI has turned down a $97.4 billion acquisition offer from a consortium led by Elon Musk, stating it is not for sale. The bid, backed by Musks AI startup xAI, aimed to prevent OpenAI from transitioning into a for-profit...

Shell Report Highlights AI's Role in Global Energy Transition and Carbon Reduction

Artificial intelligence (AI) could significantly reshape global energy demand and boost carbon reduction efforts, according to a new report from Shell Plc (LON:SHEL), initially covered by Bloomberg. The report highlights...

Intel-TSMC Deal Faces Hurdles Amid U.S. Concerns

The Trump administration may oppose Taiwans TSMC controlling Intels (NASDAQ:INTC) U.S. chip factories, a White House official told Reuters. The comment followed a Bloomberg report that TSMC was considering a controlling...
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