January 6, 2012
It's going to get tough in Canada.
With consumer spending expected to worsen as debt in Canada is at record
level and the global economy weakens it's not going to be easy to steal
market share for any new retailer. Canadian retailers are preparing and
getting their houses in order as the U.S. push is just getting started.
Wal-Mart Canada is speeding up the conversion of more of its Canadian
outlets to Supercentres with full supermarkets, along with 40 new outlets
(former Zellers stores) in 2012 (that Target actually sold to them
interestingly enough). This is going to be a fight to the finish over the
next 5 years. (Source
Target announces their first 24 stores in Canada and all of them are in
has purchased the leasehold interests of 189 sites currently operated by
Zellers Inc. and about $10 million to $11 million will be invested to
remodel each facility. Each location will employ between 150 to 200 workers,
with hiring slated to being in 2012. According to sources Asset Protection
will be managed from the corporate office in Minneapolis at the senior group
level and will not have a Canadian senior AP executive for some time.
At the end of the day, the Canadian retail sector looks promising for job
growth in 2012, so workers can be fairly
certain that there will be a positive hiring atmosphere for the year ahead.
With some areas feeling "a little bit of a challenge in terms of candidate
flow" filling all of the new jobs coming with the new store growth may be
challenging for many. Which at the end of the day will drive wages and
payroll up. (Source
Pity the poor retailer who fails to keep up.
Just like their U.S. counterparts the Canadian
consumer is time starved and technology driven and know what they want and
where to get it at the best price. They expect convenience, speed and
service. And they’re willing to adopt whatever technology helps them achieve
that. And that's going to increase significantly in 2012. You think online
and mobile were hot in 2011 - well just wait for 2012. Guess the same is
true in the U.S. as well. (Source
Increasingly bold thieves hurting trucking industry across Canada
A $5-billion-a-year problem for the trucking industry across the country.
Since 9/11 the trucking industry has made huge investments in security, but
the crooks are getting smarter. Organized crime hires helicopters to follow
equipment leaving facilities (where they know high-value loads, like
electronics, are being shipped), then go after them," said Garth Pitzel,
director of safety and driver development at Winnipeg's Bison Transport.
Police across the country work closely with the industry, but the Criminal
Code does not differentiate truck-cargo theft from any other robberies --
it's just over or under $5,000. The industry would like to see harsher
penalties against the perpetrators of truck-cargo crime. The trucking
associations across the country have recently teamed up with the Insurance
Bureau of Canada to implement a new cargo-crime incident-report form. The
idea is to allow for an anonymous forum where incidents can be documented
without requiring either insurance companies or police to be involved. The
study conducted earlier this year found that about 60 per cent of incidents
are not reported. (Source
Le Chateau reports same store sales
down 8.4% last quarter. (Source
Coming in 2012:
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