TORONTO — As it prepares its own Canadian entree, Nordstrom can look to Target for pratfalls to avoid, analysts tell CNBC. Incoming American businesses do well to remember that the Canadian economy is distinct from that of the U.S., with its own regulations and retail landscape. Target’s speedy installation – in pre-fabricated and not purpose-built premises – may have compounded the issues. Nevertheless, experts affirmed that there is still room for new upscale retailers in the Canadian marketplace, a factor Nordstrom can use to its advantage as many banners have focused on value and affordability.
Nordstrom can learn from Target woes
Most Recent
Most Read
Hiring in Ontario? Be aware that the legislation around job postings has changed
Tue, April 30th, 2024
Steffan Yantzi joins Home Hardware stores as shareholder
Mon, April 29th, 2024
Looking for your next new hire? Hardlines Classifieds can help
Mon, April 29th, 2024
RONA adds six new affiliate dealers
Fri, April 26th, 2024
King Marketing gathers national team, celebrates achievements of its reps
Fri, April 26th, 2024
Aaron Jarosz promoted to lead Home Depot Canada's pro services
Thu, April 25th, 2024
New owners for Canadian Tire store in Innisfil, Ont.
Thu, April 25th, 2024
United Hardware merges with Do it Best
Thu, April 25th, 2024
Throwback Thursday: Ten years ago, Home Depot Canada started using stores as online showrooms
Thu, April 25th, 2024
CEO shares plans for Home Hardware’s 60th anniversary
Wed, April 24th, 2024