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Country Report

Mixed Retailers in

Mixed Retailers in Canada

49 pages, Feb 2017

US$990

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Executive Summary

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TRENDS

The last few years saw the launch of several new brands in department stores in Canada. This investment began with the introduction of Nordstrom in 2014. Nordstrom plans to open one additional Nordstrom outlet in 2017, at Toronto CF Sherway Gardens, and will introduce its off-price banner, Nordstrom Rack, with six outlets scheduled to open in Canada in 2018. Hudson’s Bay Co focused on strengthening its brand Hudson’s Bay, rather than expanding, but took advantage of its acquisition of Saks to introduce both Saks and Saks Off Fifth outlets in 2016. Hudson’s Bay Co reports that it plans to open a maximum of seven Saks outlets in Canada, and aims to open a maximum of 25 Saks Off Fifth stores by the end of 2018.

COMPETITIVE LANDSCAPE

Costco Wholesale Canada led mixed retailers in 2016, with a 30% share of value sales, followed by Loblaw Cos (operator of Wholesale Club), Wal-Mart Canada (operator of Walmart), and Hudson’s Bay Co (operator of Hudson’s Bay, Saks, Saks Off Fifth and thebay.com). These four companies accounted for a combined share of 57% in mixed retailers in 2016.

PROSPECTS

The most important factor for mixed retailers over the next few years will be the extent to which the bipolarisation trend remains prevalent in Canadian retail. Economic indicators and consumer preferences suggest that consumers will continue to closely scrutinise value for money, benefiting luxury brands as well as economy brands, but leaving mid-tier brands without a clear strategy. This will benefit luxury department stores, and is a reason for the continued investment by Nordstrom and Hudson’s Bay Co to continue opening new stores over the forecast period, as well as fixed price variety stores. It puts in doubt, however, the outlook for mid-tier brands such as Sears, as well as mid-tier speciality retailers.

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Mixed Retailers Sample Report Mixed Retailers Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Mixed Retailers industry in Canada with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Mixed Retailers industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

The Mixed Retailers in Canada market research report includes:

Analysis of key supply-side and demand trends
Detailed market shares for international and locally-based retailers
Historic number of stores, selling space and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

How big is the Mixed Retailers channel in Canada?
Who are the leading retailers in Canada?
How are mixed retailers competing against the growth of grocery retailers?
Are consumers switching towards value retailers or moving upmarket?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Retailing market research database.

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Mixed Retailers in Canada

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Executive Summary

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TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

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Overview

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