Tewder
Senior Member
Macy’s - and all other American retailers - see Canada as a "blue collar" market. That’s why you don’t see many higher end retailers vying for space up here. Even JC Penny took a pass a few years ago when they could have purchased Zeller's. Even Target has little appetite. Face it, other than Walmart and Zellers, what other department stores are there up here in the great white north? Face it, Canadians love their discount stores. In the U.S. you have dozens of retailers to choose from. Aside from a couple of locations in the GTA, Canada is not a hot target for retailers - especially high end retailers like Macy’s
Not true at all. US and European retailers are clamoring to enter Canada. Vancouver, Montreal and Toronto/GTA represent very lucrative untapped markets for large international retailers. Abercrombie & Fitch, Apple, H&M, Aeropostale, Mango, Zara, Pottery Barn are among many other examples of recent imports and there are many more to come. Target would also love to set up shop here but there are all sorts of complicated licensing issues involving many of the brands and labels Target carries to resolve first.
As for Macy's, they are doing very well in the US right now. They have bought several large department store chains including Marshall Fields, and they are are growing as a better, yet still reasonable alternative to the big box stores like Target.