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Archive for 'retail trade'

Grocery Wars: Lessons from Canada’s Changing Retail Landscape

As Target Canada tumbled into bankruptcy, Loblaw announced that its fourth-quarter profits more than doubled. What can be learned from this tale of two retailers? The main reason for Loblaw’s surge was its acquisition of Shoppers Drug Mart last March, which turned it into Canada’s largest grocer and pharmacy chain.  Shoppers contributed $3 billion to […]

Retail Prices: The US vs Canada

I saw quite a lot of media coverage of  a BMO report that Canadian retail prices are 20% higher than in the US despite exchange rate parity. There were allegations of price  gouging and references to the allegedly much more intensely competitive US retail environment. I hesitate somewhat to say so in case the argument […]