MONTREAL — In a feature comment, Report on Business examines why the U.S. retail invasion hasn’t lived up to its expectations. Retailers looking to move beyond their saturated home turf may have overestimated Canadian affluence in a year when housing recovery has been cautious and mortgage rates remain high. Yet the wounds to Canadian retailers are very real, even if the new arrivals haven’t reaped the benefits they expected, according to The Globe & Mail.
