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
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