The Canadian Push – Over
1,000 stores in 24 months!
Over the last 24 months, U.S. retailers have announced and begun over a 1,000
store expansion program into Canada. Taking into consideration that the U.S. is
over stored and virtually saturated with 1.1 million stores, 14.2 billion sq.
ft. of retail space, and has 46.6 sq. ft. of retail space per capita, it's
obvious that in order to grow mainstream, U.S. retailers must grow
internationally. And Canada, the U.S.'s closest neighbor, with only 13 sq. ft.
of retail space per capita – 72% less retail space per capita than the U.S. –
and with a culture that is virtually the same, represents the easiest and
quickest way for U.S. retailers to grow.
This "Canadian Push" series is dedicated to that effort and its objective is to
provide a vehicle of information, communication, and debate for the industry
that will help educate, inform, and develop the Loss Prevention efforts that are
absolutely necessary to help make this massive expansion effort a success. The
topics will range from supply chain issues, pricing strategies, border
restrictions, x-patriot employment regulations, staffing and employment issues,
legal issues surrounding employee interviews and investigations, the vendor
support population, and most importantly the Canadian Loss Prevention community, itself, and their thoughts, concerns, and suggestions.
The U.S. retailers are investing billions of dollars in this effort and much is
at stake. But the most important aspect of it all is that we Americans are
pushing northwards as we never have before and while the investment will help
both countries, we must remember that we're visitors in their country and
learning their culture, the way they do things, their perceptions and opinions
of this "invasion," and understanding their consumer is the priority if we
expect to add value to this effort and be successful. And while Loss Prevention
practices and techniques are extremely similar, there are differences, and at the
end of the day it's about the people and there acceptance of our businesses in
This series is dedicated to the Loss Prevention executives in Canada and is
committed to providing the information necessary to bridge two countries into
one team dedicated to delivering the best Loss Prevention services and shrinkage
results for our retail customers; and to delivering the safest environments for
Look for the "Canadian Push" series every
Next up –
Vice-President Loss Prevention and Risk Management, Wal-Mart Canada
Director, Resource Protection, West 49, Inc., and Retail Council of Canada's Retail LP Conference Planning Committee Chair
Coming in 2012:
LP Show Coverage
The Top 10