Canada news

11 February 2015
With Whole Foods Market reporting an improvement in comp store sales growth, we review the key pillars of its growth strategy. Improving comp store sales performance Total sales in the first quarter increased by 10.2%, reflecting on-going growth of the store portfolio. Comp store sales over the  period increased by 4.5%, reflecting a significant improvement on the 3.1% reported in the prev...
11 February 2015
Walmart Canada is to invest $340m this year in expanding its Supercentres, distribution network and ecommerce projects. Expanding access to fresh foods The bulk of the investment, $230m, will be spent in completing 29 Supercentre projects. This will mainly be focused on remodelling and expanding its existing general merchandise stores to add full grocery departments, including a broad rang...
29 January 2015
Both AEON in Japan and 7-Eleven Inc. in the US have recently innovated their mobile platforms to enhance customer engagement. 7-Eleven's new digital customer program 7-Eleven Inc. has recently rolled out a Digital Guess Experience (DGE) program across 8,500 US and Canadian stores. The new digital development will focus on digital apps, customer loyalty, coupon distribution and payment meth...
27 January 2015
As Metro Canada reports its first quarter results, we look at some of its key initiatives for the year ahead. Solid performance across all divisions Total sales increased by 5.2% to $2.8bn, with same-store sales up 3.8%. Inflation was also up during the period at 3.0%, reflecting the weaker Canadian dollar, with most of the inflation driven in fresh food categories. Profitability also im...
19 January 2015
Although Target has announced its departure from Canada after less than two years and a $7bn investment, could ecommerce be a future route back into the market? Target will be missed by many consumers Despite the challenges which Target faced in the Canadian market, many consumers in the country continue to have a strong affinity for the brand. As the news of the store closures broke, soci...
15 January 2015
As Target announces the closure of all its stores in Canada, we consider the implications of this for the Canadian sector and the wider business. Overly ambitious market entry Target’s announcement that it is to close all 133 stores in Canada, less than two years since it first entered the market may not have come as a total surprise to those who have been watching the retailer’s progress....
15 January 2015
With Target announcing the closure of its Canadian operations, we look at what this means for its core US operations and future business growth. Enables business to focus on building a platform for growth Having been appointed last summer, Target’s CEO, Brian Cornell, has taken decisive action with the planned divestment of its Canadian operations . While there will be a financial hit on...
12 January 2015
Following the launch of new ecommerce initiatives by two of Canada’s leading grocery retailers last year, we assess how the channel is likely to evolve in the year ahead. Rapid sales growth Grocery ecommerce is one of the least developed channels in the Canadian grocery market. Although there have been a number of retailers offering this service on a regional or city bas...
02 January 2015
Following the launch of its store on Alibaba’s Tmall online marketplace in China, Costco has seen a strong initial response from shoppers. $6.4m sales in first month Costco opened its store on Alibaba's Tmall online marketplace last October, offering a range of imported food and healthcare goods, including its Kirkland Signature private brand ranges. In an update on the performance of Tmal...
18 December 2014
As Couche-Tard, one of North America’s leading convenience store operators, announces the acquisition of US based The Pantry, we take a look at how this deal fits with its expansive strategy. Acquiring a business with solid foundations, and headroom to improve The Pantry is one of the leading convenience store operators in the US, with around 1,500 stores across 13 states in the US, main...