The leader of Hudson's Bay Company is also being recognized for his leadership on children's causes.
HBC CEO Jerry Stotch has been honored as a 2016 “Father of the Year.”
Slowly but surely, consumers are becoming open to the idea of switching from leather wallets to an electronic version.
According to the new “Let’s Get Digital” consumer survey from Citi Retail Services, digital wallet usage has increased by 20% in the past two years. Thirty-five percent of consumers used digital wallets at the end of 2014, and that figure rose to 55% by the end of the year 2015.