The 25% pricing difference in
Abercrombie & Fitch's Canadian stores over their U.S. stores is also impacting
With one senior economist
saying "U.S. retailers are marking up their prices from depressed levels at
home." "Margins are a little leaner than they've historically been in the U.S."
due to the competitive landscape. However, there's been some dramatic change
over the last few months, the race to open stores in Canada has lost a "bit of
its allure" due to retail sales growth in the U.S. is now "outpacing the pickup
in Canada – the reverse trend of the past few years." Is the Canadian market
slowing down right before the real push begins? (Source
With 528 U.S. stores
Yankee Candle joins the "Canadian Push" and
announces it'll open 5 company stores
by Sept. 16th with plans to expand its wholesale business
as well. They have 5,300 stores in their wholesale network in 48 countries.
Ellen Fisher, another American retailer joins the "wagon
train north" and will open one store in Vancover.
Retail consultant David Ian Grey says the trend reflects the tough times south
of the border. "A lot of American chains are focused on growth outside of the
US because of the stalled economy there." Grey says Canada is an obvious choice
for the American chains because Canada has historically under-competed in the
retail field. "It's pretty easy for a good concept to come in and grab share,"
he says. "You don't need a lot of stores because the market is concentrated in
some very distinct urban settings and we are relatively close in terms of
business culture and the ability to fly back and forth. So we have become quite
attractive." Grey says the surge of US businesses crossing the border means the
Canadian businesses will need to pick up their socks."
"Illegal gangs" throughout Canada,
numbering over 175 organized criminal gangs, use the sale of illegal cigarettes
to bank roll their activities,
including drugs, guns, and human trafficking, and the National Coalition Against
Contraband Tobacco is launching an ad campaign in Ontario to raise consumer
awareness of the harms that result from purchasing contraband tobacco. Illegal
cigarettes cost governments in Canada billions in lost taxes and "lines the
pockets of Canada's worst criminals." This is a much bigger problem in Canada
than in the U.S. as is human trafficking. (Source
The Royal Canadian Mounted Police
seized counterfeit goods from a vendor at the London, Ontario, Woodstock
Fairgrounds valued at $45,000.
"Counterfeiting of consumer items and their sales is not only hurting the
economy through loss of jobs and tax revenue, but there is information linking
such items to more serious issues such as child labor, drug trafficking,
organized crime and terrorism," stated Sgt. Mark Groulx, NCO i/c of London
RCMP's Rural Unit. "The RCMP is committed to combating this type of criminal
activity through education and enforcement."
in Canada: Eat at your own risk." the Canadian Medical Association Journal
editorial this past April.
Alleging the country's private and public sectors aren't doing
enough to prevent the 11 million cases of food-related illnesses each year.
"[It's] cross contamination, lack of refrigeration and people not washing their
hands when cooking. Those are the kinds of things that are really hurting
Fact: Ontario ranks #1 in retail sales in Canada hitting $155.9B with 805,000
retail employees staffing 82,178 stores.
Coming in 2012:
LP Show Coverage
The Top 10