The markets in Canada vary in different value rates. In the article, The Distribution Network in Canada they have concluded the different market values that make up the distribution and consumption market in Canada. 58% supermarkets and traditional format stores. 20% mass merchandiser stores. 7% independant and speciality stores. 9% chemists. 3% convenience stores and gas stations (Nordea 2020). Apparel retailing is included in at least 3 of these market values. Traditional stores are hypermarkets that are a combination of supermarkets and department stores. Mass merchandising stores because those are stores like Macy’s, Sears, JCPenney, And lastly independent retailers known as single-store operations such as boutiques. This makes up the apparel retail market to be about 85% of the Canadian Market. 85% is a very good number that plays in favor of putting a business here.
The Canadian apparel market is strong and steady. The article Canadian apparel market – Statistics & Facts has stated, In 2016 the domestic apparel market value amounted to roughly about 25 billion U.S. dollars, a figure which is expected to reach around 30 billion dollars by 2020 (Bedford 2020). Putting a business in Canada would be a perfect opportunity to take advantage of this domestic apparel market. The article also concluded Among Canadian families, the average expenditure on clothing and accessories has remained stable in the past couple of years at around 3,400 Canadian dollars annually. If people are spending money on apparel at a stable rate this allows apparel businesses to have a steady source of cash flow.
Figure 24.
( A factory and the workers working, 2016)
Figure 25.
( Man dragging a cart loaded with goods, 2014)
