Canada news

29 December 2013
To stimulate your thinking for 2014, six of our analysts have selected their favourite large stores of the past year. Tesco Extra (Watford, UK): creating a new future for hypermarkets? Nick Miles, Senior Business Analyst Tesco’s relaunched hypermarket in Watford was a ‘retail event of 2013’, seeing the retailer open the first of its new look ‘destination Extra’ stores and to create more...
18 December 2013
Target is launching a one-day sale on December 19th, featuring 40 gifting items, including toys, homewares and clothing, which will be discounted by up to 60%. It will also host a ‘Last Minute Sale’ in stores from December 22nd to 24th with a series of new promotions. Strong online and mobile sales through the holiday period Target has reported that its strong start to the holiday season ...
16 December 2013
HY Louie, a major grocery retailer in western Canada, has launched a new store format, Fresh St. Farms, which builds on the launch of its innovative Fresh St. Market format earlier this year. Fresh and local at the heart of the concept The new store, in Surrey BC, has been opened in a former IGA Marketplace location, which had also been operated by HY Louie. Billed as an ‘urban farmer’s marke...
12 December 2013
Sobeys’ second quarter sales increased by 2.0% to $4.4bn, with same-store sales up 0.2%. Net earnings from continuing operations within the food division decreased by 27.1% to $56.3m, impacted by transaction costs related to the acquisition of Canada Safeway and lower gross margins. Pressures on promotional pricing The Canadian market remains competitive and volatile.  Sobeys reported tha...
11 December 2013
Costco’s first quarter net sales increased by 5.4% to $24.5bn, with comparable store sales (excluding fuel and currency impacts) up 5.0%. Net income attributable to Costco increased at a slower rate of 2.2% to $425.0m, mainly due to higher than anticipated operating expenses. Fresh foods among best performing departments This was another solid performance from Costco overall, although pro...
10 December 2013
In August, Metro re-opened its Les 5 Saisons store in Montreal, following a two-year closure to enable a condominium development. Following significant investment, the retailer has developed a 970 sq m store which aims to offer an unrivalled range of products and outstanding customer service. We took a visit to this store to discover how the retailer is aiming to meet the needs of premium-focuse...
10 December 2013
Target is testing a new e-commerce initiative, ‘Target Awesome Shop’, where the product ranges which are offered are powered by Pinterest recommendations and customer reviews. Combining social and Target.com data Target’s new website features around 1,000 products which have been the most pinned items on Pinterest and have the best customer reviews. This enables the retailer to merge data...
28 November 2013
Retail is changing. It is more fluid and shopping often starts in the kitchen, through an app. Journeys are no longer predictive. They are increasingly iterative and retailers work hard to offer a seamless experience. As boundaries blur, apps are becoming a key weapon in the elusive search for loyalty. Grocery apps do not just allow for one-to-one communication with shoppers, they exist to mak...
28 November 2013
Sobeys has launched its first Sobeys ‘extra’, in Burlington Ontario. The new format, which is linked to the retailer’s new Better Food for All mission, aims to offer an enhanced shopping experience through additional departments, products and services. .style1 { text-align: right; }.style2 { text-align: center; } Format brings new brand positioning to life Sobeys launched its new brand...
28 November 2013
.style1 { text-align: center; } While retailers such as Walmart, Target and Toys R Us dominate Black Friday discussions, with the retailers attempting to out-do each other with deals on electronics, gaming consoles and toys, grocery retailers’ Thanksgiving strategies are often overlooked during this key trading period. Saving customers time, and stress While turkeys dominate, with retai...