Quote:
Originally Posted by lilwayne
lets just say winnipeg is the closest major market that most people in manitoba, eastern saskatchewan, western ontario and north dakota, and north western minnesota have thats well over 2 million people i would say... not to mention the population around winnipeg, surrounding manitoba cities, and regina continues to grow so that number will only increase.. people in alberta have plethora of options between edmonton and clgy... but most people around here only got peg.. within 3- 4 hr driving distance. remember lot of people from minnesota northdakota montana and all over canada come to peg party, and cabin it up and beach it up
calgary city population is just over a million
and edmonton city population is just over 800 thousand not metro city
winnipeg is 680 thousand and i think that its lot higher than ppl are giving it credit for being cuz if the population barely increased how can they explain the low vancancy the increased housing starts,, the booming real estate market... i think the number is a lot higher than people are making it out to be... there must be a demand to live here there just must be
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I don't disagree that there would be a large population to draw from, but how many of those people will be coming in regularly to say a Lacoste or Gucci specific store on a regular basis? There are already stores in Peg that stock Lacoste (keep in mind Harry Rosen stocks a lot of high end designer wear)
I suppose the ultimate test would be if one of those stores opened up and we simply saw how market response would be.
But honestly it's unlikely they would come in the first place
There's a strong argument for it, no doubt, but there are also realities to the market. I mean just to be crude, even if we take 100k worth of towns nearby, how many would come in to regularly buy hundreds of dollars worth of clothing? Most people from smaller towns are the WalMart type shoppers;
most the people who would drop that much money on clothes are those who have jobs where the economic center to support those jobs is: that would be Winnipeg, thats why ultimately the Winnipeg market is what one should consider if a store like that were to come.
A lot of these dedicated high end stores regularly research for potential sites, and it's a good bet they've looked into Winnipeg. But it's also a good bet they came to a conclusion that it's probably not the right market.
I'm not suggesting there isn't potential, but i am suggesting those high end dedicated stores are unlikely to show up.
Who knows what could happen post Ikea frenzy though