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.
The TJX-owned retailer has opened 10 Canadian stores since August, with no end in sight. Competition will be fierce as similar retailers also open locations nationally.&
Marshalls opens seven Canadian stores, including a 55,000 square foot Toronto flagship. Marshall's has opened 14 Canadian stores since March 2011 and it will have 27 Canadian locations by the end of 2013. The company expects to open up to 100 Canadian stores in the next 10 years.
On Monday we mentioned Target's imminent arrival in Canadian downtowns, including Vancouver and Toronto. Today we'll briefly examine the tendency towards big-box retailers moving into city centres.
Big Box retailers such as Wal-Mart, Costco, Michael's, Canadian Tire, Best Buy and...