July 31, 2021

U.S. retailers land on Canadian soil

First we saw big box stores popping up everywhere in Canada.

Now we are seeing an invasion of U.S. and international retailers setting up shop on Canadian soil.

Forget Wal-Mart -- the Target empire is quickly spreading across Canada.

Our "Truly Canadian" Zellers stores have been taken over by the Americans and are transforming into the Target brand.

Since March, 48 locations have opened across the country with 20 more set to open this month. By the end of the year, Target is aiming to launch 124 Canadian retail stores.

Continue reading »

April 11, 2021

Canadian men love their shoes

Move over Imelda Marcos -- make more closet room for Canadian men and their love of shoes.

A new report, released by global research company NPD Group, revealed that Canadian men really do like their shoes. 

In fact, sales of men's footwear in Canada stepped up by 13 per cent in 2012 way ahead of women's sales which grew by a modest three per cent. Overall, the industry saw a six per cent growth spurt socking in $5.1 billion in sales.

Continue reading »


Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...