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Guelph Public Library

Will Target change the face of Canadian retail?

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We’ve had the official opening now and the stores seem to be doing well. I’ve been known to cross the doorstep to consume! I loved the fact that I was not subjected to someone’s choice of music to shop by I must say; apparently it’s company policy. The aisles are also uncluttered, and I notice that a competitor nearby seems to have cleaned up their normally blockaded aisles in response to this.

There is a great article in Canadian Business (Oct. 15/12) called Target’s Friendly Invasion.

Canada, having been a little more recession proof than the United States, is viewed as a lucrative market for Target. The article can be read through the library e resource, Ebscohost, by clicking here

We will have to wait to see what the eventual fall out will be for the other large retailers in this country. Since Canadians have gone from a nation of savers to a nation of spenders with household debt still at record levels, perhaps we would be better served to take a look at the following titles:

Shiny objects: why we spend money we don’t have in search of happiness we can’t buy, or Affluenza: the all consuming epidemic.

Author: gplgwynne

Collection Development Librarian worked for Statistics Canada and an investment firm many years ago

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