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An analysis of the structure of the Canadian retail industry

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  1. Introduction
  2. History of the Retail Industry and Hudson's Bay Company
  3. Relevant Sectors of Retail Industry
  4. Direct Competition in the Retail Industry
    1. Hudson Bay Company
    2. Canadian Retailers
    3. US Retailers
  5. Substitutes to Retail Shopping
    1. Online Auction Markets
    2. Mail-in Catalogues
    3. TV Infomercials
    4. Online Retailers
  6. Overall Competitiveness of Retail Industry
  7. Competition at the discount-store level
  8. Key success factors and overall industry attractiveness
  9. Hudson bay company's strategic position in the retail industry
  10. Conclusion

The Canadian retail industry is evolving at a rapid pace. External factors, such as the growth in the relative purchasing power of the Canadian dollar, increasing competition from discount rivals such as Wal-Mart, shifting consumer trends, and the emergence of the retail industry in Western Canada, provide Hudson's Bay Company with new challenges as well as opportunities for growth. The clothing industry on which The Bay depends faces stagnancy in demands compared to the rest of the industry, while Home Outfitters may see a decline in sales as the Canadian housing market cools off. Substitutes to the traditional shopping experience such as e-commerce and mail-order products are growing rapidly and offer advantages which HBC cannot replicate in their stores.

[...] Accessed October Available at 1B22B0CC9CBD. ?Online Auction Site eBay Sees Revenues Hit The Scotsman. January Online. Accessed October Available at ?Sears Canada: Assortment and Store Space Optimization?. Accenture. Online. Accessed October Available at /SearsOptimization.htm. ?Study: Retail Trade Since the Turn of the Millennium?. Statistics Canada. October Online. Accessed October Available at ?Target Corporation Annual Report 2006?. Target Corporation Online. Accessed October Available at ?U.S. Market Fall in April Hurts Across the Board; Gainers are Few?. Global Insight Online. [...]

[...] The Canadian Press. September Online. Accessed October Available at documentid=5476480. HBC Corporate Communications. ?Information on HBC?. Hudson's Bay Company. June 2006. Online. Accessed October Available at nguageVersion=hbc. HBC. Strategy?. Hudson's Bay Company Online. Accessed October Available at Jacobs, Karen. ?Home Depot Profit Slumps on Housing Weakness?. Reuters. August Online. Accessed October Available at Jacobsen, Paul. Structure of Retail in Canada?. Jacobsen Consulting Online. Accessed October Available at comde.nsf/vwapj/Structure%20of%20Retail%20in%20Canada.pdf/$file/Structu re%20of%20Retail%20in%20Canada.pdf. LaRosa, John. ?Self-Improvement Market Grows 50% [...]

[...] Canadian consumer purchasing power is highest in Alberta, with high discretionary spending, and it is expected that a further upward trend will lead to benefits for the retail industry (Statistics Canada, 2005). Note, however, that while growth in real disposable income is expected to grow from 2006 to 2009, rising interest rates will increase the share of income devoted to servicing debt. Experts therefore expect Canadian retail growth to plummet to just per year from 2006-2009. A major demographic change occurring today is the aging of the Canadian population. [...]

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