This industry profile provides a five-year forecast for Canada’s Retail Trade Industry.
Canada’s Retail Trade Industry: Industrial Profile 2013
Canada’s Retail Trade Industry: Industrial Profile 2013
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- U.S. Competition—The expansion of Target and Nordstrom to Canada, Wal-Mart’s continued move into groceries, and Hudson’s Bay Company’s purchase of Saks Fifth Avenue will increase the presence of U.S. retailers in Canada.
- Consolidation—The Canadian retail industry has undergone a significant degree of consolidation. Higher consolidation will improve the sector’s ability to control costs and prices.
- Consumer Confidence—Canadian consumer confidence has increased steadily throughout the year, improving the outlook for Canadian retailers.
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