Retail Insider's latest report examines how discount, value and off-price retailers are reshaping Canadian consumer behaviour, retail real estate and competitive strategy as value shopping becomes a mainstream force influencing retailers, landlords and investors alike.
The announcement follows the development of a new approximately 142,000-square-foot Walmart Supercentre at Parsons Creek, which will relocate Walmart’s existing Fort McMurray store and establish the site as the city’s dominant retail destination.
We’re predicting that this year will be one of highs and lows — Sears Canada will shutter, Nordstrom Rack will enter Canada, marijuana will be legalized, and plenty of other developments.