{"id":6,"date":"2011-09-14T01:59:51","date_gmt":"2011-09-14T08:59:51","guid":{"rendered":"https:\/\/blogs.ubc.ca\/wendyliu\/?p=6"},"modified":"2011-09-30T00:01:38","modified_gmt":"2011-09-30T07:01:38","slug":"foreign-retailers-attracted-to-undercompeted-canada","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/wendyliu\/2011\/09\/14\/foreign-retailers-attracted-to-undercompeted-canada\/","title":{"rendered":"Foreign retailers attracted to &#8220;undercompeted&#8221; Canada"},"content":{"rendered":"<p><a title=\"Photo Credit\" href=\"http:\/\/fashionhacks.blogspot.com\/2011\/05\/crazy-about-topshop.html\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-33 alignright\" title=\"TopShop\" src=\"https:\/\/blogs.ubc.ca\/wendyliu\/files\/2011\/09\/ts-227x300.jpg\" alt=\"\" width=\"227\" height=\"300\" srcset=\"https:\/\/blogs.ubc.ca\/wendyliu\/files\/2011\/09\/ts-227x300.jpg 227w, https:\/\/blogs.ubc.ca\/wendyliu\/files\/2011\/09\/ts.jpg 470w\" sizes=\"auto, (max-width: 227px) 100vw, 227px\" \/><\/a>Foreign clothing retailers such as Topshop and Eileen Fisher are beginning to open their stores to the\u00a0Canadian market, particularly in Vancouver, since\u00a0the Canadian\u00a0market is less competitive compared to the ones\u00a0in their home country.\u00a0\u00a0As a result,\u00a0our market\u00a0is seen as an opportunity\u00a0for great economic growth.<\/p>\n<p>I think that this is a great opportunity for foreign\u00a0retailers to expand their businesses internationally.\u00a0 However it could be risky since the article states that this trend is <em>&#8220;prompted not so much by consumer demand, but by foreign retailers on the lookout for greener fields like Canada.&#8221;\u00a0<\/em> Although Vancouver is a cosmopolitan city, I wouldn&#8217;t consider\u00a0the majority of Vancouverites or Canadians\u00a0as materialistic people who can afford to spend money on luxury items (e.g. clothing) every season.\u00a0 If\u00a0one compares a mall in Vancouver with one in Los Angeles in any given day,\u00a0 the malls in Vancouver are\u00a0infinitely less busy then ones in Los Angeles.\u00a0 In conclusion, foreign retailers\u00a0would probably make large profits early on in\u00a0the Canadian market but\u00a0their sales will\u00a0steadily cool off once they are well-established within Canadian society.<\/p>\n<p><a href=\"http:\/\/www.vancouversun.com\/life\/City+clothing+sector+sees+wave+foreign+competitors\/5386156\/story.html\">http:\/\/www.vancouversun.com\/life\/City+clothing+sector+sees+wave+foreign+competitors\/5386156\/story.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign clothing retailers such as Topshop and Eileen Fisher are beginning to open their stores to the\u00a0Canadian market, particularly in Vancouver, since\u00a0the Canadian\u00a0market is less competitive compared to the ones\u00a0in their home country.\u00a0\u00a0As a result,\u00a0our market\u00a0is seen as an opportunity\u00a0for great economic growth. I think that this is a great opportunity for foreign\u00a0retailers to expand [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/posts\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":12,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/posts\/6\/revisions"}],"predecessor-version":[{"id":12,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/posts\/6\/revisions\/12"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/media?parent=6"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/categories?post=6"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/wendyliu\/wp-json\/wp\/v2\/tags?post=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}