ADMS 1000 Chapter Notes -J. P. Dutta, Canadian Dollar, Induced Demand

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: All

Document Summary

Strong canadian dollar advantageous to sell to canadians through retail stores in canada than only online or across the border. Canada is the largest and most similar market to the us. Keeps canadian shoppers away from the methods us retailers have tried to use to entice recession-weary shoppers back to retailers. Shopping centre sales averaging almost twice as much as us/ square foot. Retail spending/ capita for canada and us are now usual. Total retail spending increased by 5% from 2009-2010. The piece of the market target will earn will come out of the profits of other retailers not from induced demand (conversion of saving to spending) Trend of acquisition of entire brands will continue. Declining profit margins for large canadian retailers. Increase in lease rates especially in urban markets retailers that need greater numbers of stores to maintain economies of scale entering.