Quote:
Originally Posted by FlamesAddiction
Woolworths, Woolco, Zellers and now Target.... It shouldn't be a surprise to anyone that these lower tier department stores don't last in Canada anymore.
Canadians in general are creatures of habit when it comes to retail behavior.
|
The middle-> higher tiers have failed too. Woodward's, Eatons, Sears (dying in the US, will die in Canada), etc. Nordstrom's is coming in to compete with the Bay and maybe Holt? HBC is trying to diversify up-market as well. They bought Sak's Fifth Avenue and are introducing that into the Toronto Market.
On the very low end, Dollarama is a big success story. They are out-growing Wal-Mart in many figures I've seen.