Today the CBC posted an article about how U.S retail stores are eager to set up camp in Canadian malls and I just had to share which brand names are coming our way. Their reason for making the move across the border is obvious; Canadians have fewer stores to shop, so the stores we do have make more money.
But with so many stores closing shops and brands falling off the Canadian map all together, it’s also the perfect time for US stores to move in. Consider retail chains like Le Chateau and Jacob who have been struggling with sales for years now and making significant cuts. Even larger chain, Sears Canada, is in the midst of a major retail facelift as well. And let’s not forget about retail store Esprit who closed all their stores in North America for good, earlier this year.
It’s sad to see that the Canadian retail echoscope is doing so poorly, but let’s face it; we’re eager for new retail blood. As a Canadian, I always a wait those couple of times a year that I head to the US to hit-up my favourite stores and get better deals. Also, as a Montrealer I’m jealous to see awesome US stores opening shop in Toronto and Vancouver before my home town. But when Sephora finally opened in Montreal, followed by Forever XXI just 3 years ago AND at last Victoria Secret, I only felt pure joy.
So here are some retail stores that are planning to invade Canada and I’m NOT complaining about it:
Target: You probably already heard the good news that target bought the leaseholds for 189 Zeller locations. They’re set to open later on this year.
Marshall’s: The owner of outlet shop TJ Max already begun their Canadian invasion with 12 locations across Ontario.
J Crew: They launched their fist Canadian Location last August, followed by 3 other locations in Edmonton, Vancouver & Toronto.
Nordstrom: The closure of a few Canadian Sears locations was the perfect opportunity for Nordstrom to move in. They’re planning to open shop in the next couple of years in Vancouver, Calgary and Toronto.
Bloomingdale’s: They have teamed up with the Hudson’s Bay Co. to merge the chains together and bring a “store within a store” concept.
Do you know of any other stores that are finaly coming to Canada?