{"id":47,"date":"2012-10-08T22:35:12","date_gmt":"2012-10-09T05:35:12","guid":{"rendered":"https:\/\/blogs.ubc.ca\/vanessasong\/?p=47"},"modified":"2012-10-08T22:35:12","modified_gmt":"2012-10-09T05:35:12","slug":"dollar-stores-threatens-canadas-retailers","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/vanessasong\/2012\/10\/08\/dollar-stores-threatens-canadas-retailers\/","title":{"rendered":"Dollar Stores Threatens Canada’s Retailers"},"content":{"rendered":"

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Retaling giants like Target Corp., Wal-Mart Canada Corp.or\u00a0Canadian Tire Corp are now facing pressing threats: the fast-growing dollar strores. They have been a serious concern for years but are becoming a “bigger force” such as Dollarama Inc. and US Tree Stores Inc. who have been “expanding aggressively”.<\/p>\n

Why is that, that “Dollar store sales are rising by about 9 per cent annually \u2013 more than three times the average annual uptick in the overall retail sector over the past five years”? \u00a0 They are definitely a special type of business that has its own unique strategy. Its not as big as a Wal-mart but still offers an enourmous range of products so customers can get what they want for cheaper, and they can do all this without having to walk into a huge hipermarket; this is very convenient and saves a lot of time. And time can mean a lot for certain people.<\/p>\n

Dollar stores “draw customers with low prices, convenience and simplicity” That could be their points of difference or brand positioning and what makes them a seriuos competitor. Is that all that has\u00a0made these dollar stores have such a large influence now, that even retail giants find them threatening?<\/p>\n

source:\u00a0http:\/\/www.theglobeandmail.com\/globe-investor\/how-canadas-retailers-discounted-the-rise-of-the-dollar-store\/article4596897\/<\/a><\/p>\n

picture:http:\/\/www.frontiermall.ca\/tenants.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Retaling giants like Target Corp., Wal-Mart Canada Corp.or\u00a0Canadian Tire Corp are now facing pressing threats: the fast-growing dollar strores. They have been a serious concern for years but are becoming a “bigger force” such as Dollarama Inc. and US Tree Stores Inc. who have been “expanding aggressively”. Why is that, that “Dollar store sales are … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":14317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-47","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/posts\/47","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/users\/14317"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/comments?post=47"}],"version-history":[{"count":2,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/posts\/47\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/posts\/47\/revisions\/50"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/media?parent=47"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/categories?post=47"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/vanessasong\/wp-json\/wp\/v2\/tags?post=47"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}