Posted Mar 14, 2025, 1:55 PM
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Gros Méchant Loup
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Join Date: Aug 2006
Location: Province 2, Canadian Empire
Posts: 72,949
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Quote:
Originally Posted by MolsonExport
Zellers offers nostalgia but little else. It was asymmetrically dominated by Walmart, in terms of selection and price.
The Bay has fewer direct competitors, but it (a) is in a retail sector that has been declining in North America since the 1960s, and (b) just like Eaton's, Sears, and others that went before it, they did not reinvest in their retail stores' atmospherics, and stuck to the old "High-Low" pricing model (high regular prices with steep discounts at certain times of the year)...people would just wait for the sales, and shop elsewhere when things were not on sale.
Recall Sears in their last dying days. Most of the clientele had grey hair.
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Walmart arguably dominates even moreso in Canada than it does in the US, where you have strong competitors like Target and others. Target flopped in Canada. Though in Canada you do have Canadian Tire and a few others but I'd still argue it's less competitive for Walmart up here than down south.
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