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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

BRICS in the Crosshairs: Trump Threatens Tariffs Over New Currency

President-elect Donald Trump is taking a strong position against the BRICS countriesBrazil, Russia, India, China, South Africa, and new members like Iran and the UAE. He warned that if these countries try to create a new...

FxWirePro- Major Economic Events for the week

Date Time Currency Event Forecast Previous Mon, Dec...

Australian Retail Sales Surge: A Bright Sign for Consumer Confidence

Australian retail sales data released today shows a month-on-month increase of 0.6% for October 2024, exceeding market predictions of a 0.3% rise. This marks the third month in a row that retail sales have grown, following...

Tesla's Big Year-End Move: Free Supercharging and 0% APR Drive Inventory Clearance Goals

Tesla is aiming to exceed its 2023 delivery record with a strategic year-end push, offering free Supercharging, 0% APR financing, and Full Self-Driving to incentivize immediate purchases of inventory Model 3 and Model Y...

'Moana 2' and 'Wicked' Propel Thanksgiving Box Office to $420M, Breaking Records

Thanksgiving weekend brought a historic $420 million in domestic box office sales, led by Moana 2s $221 million debut. The record-breaking holiday also saw Wicked and Gladiator II contributing to Hollywoods resurgence in...

Politics

What are Donald Trump’s plans for AI regulation in healthcare in 2025?

As Donald Trump prepares to return to the White House in January 2025, his administration has revealed ambitious plans to regulate and expand the use of artificial intelligence (AI) in healthcare. Trumps proposals aim to...

How will Donald Trump support military veterans’ mental health in 2025?

As President-elect Donald Trump prepares to take office in January 2025, a renewed focus on supporting military veterans mental health has emerged as a cornerstone of his administrations agenda. With growing concerns over...

What are Donald Trump’s policies for addressing digital privacy in 2025?

As President-elect Donald Trump prepares to take office in January 2025, digital privacy has emerged as a contentious issue on his policy agenda. Amid growing concerns over data breaches, surveillance, and cybersecurity...

How will Donald Trump tackle challenges in public transportation systems in 2025?

As Donald Trump prepares to begin his second term in 2025, public transportation reform has emerged as a significant focus of his domestic agenda. With increasing demands on aging infrastructure and mounting public...

What are Donald Trump’s plans for national parks funding in 2025?

Donald Trumps administration is reportedly planning major changes to national parks funding for 2025, igniting heated debates among conservationists and policymakers. As the president-elect prepares to re-enter the White...

Science

RNA editing is the next frontier in gene therapy – here’s what you need to know

The United States Food and Drug Administration has just approved the first-ever clinical trial that uses CRISPR-Cas13 RNA editing. Its aim is to treat an eye disease called wet age-related macular degeneration that causes...

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

Technology

Apple’s Tim Cook Slammed Intel in 2011, TSMC’s Role in Tech Dominance Revealed

Apple CEO Tim Cooks 2011 critique of Intels chipmaking capabilities shifted Apples focus to TSMC, forging a partnership that transformed the tech world. This pivotal decision underscored Apples reliance on cutting-edge...

BYD Launches in Indonesia, Aiming to Electrify Taxis and Slash EV Costs for Blue Bird

BYDs arrival in Indonesia has set the stage for a shift in the nations EV market. PT Blue Bird sees this as an opportunity to expand its electric taxi fleet, hoping that BYDs affordable vehicles will lower the barrier to...

Xiaomi Gears Up for Custom 3nm Silicon Paired With MediaTek T90 5G Modem for Speed Innovation

Xiaomi is set to shake up the industry with a custom 3nm chipset, rumored to include the MediaTek T90 5G modem. Expected to debut next year, the chip reflects Xiaomis push to challenge wireless giants and reduce dependency...

Baidu Secures Hong Kong’s First Robotaxi Test License, Marking Expansion Beyond Mainland China

Chinas Baidu has obtained Hong Kongs first autonomous vehicle testing license, allowing its Apollo robotaxi to operate on designated roads, signaling its ambitions to expand robotaxi services globally. Baidu Expands...

Tesla Cybercab Shines at Petersen Museum: Self-Driving Robotaxi Ushers in Autonomous Future

Teslas Cybercab, a self-driving robotaxi, is featured at the Petersen Museum this holiday season. The vehicle, unveiled at Teslas We, Robot event, reflects the companys vision of autonomous transportation, offering...