Tuesday, March 8, 2011

Golftown leads Canadian expansion into the US

Golftown is heading for beantown. The successful Canadian retailer, with deep pockets, is going to take Boston by storm just in time for spring golf season.

Meanwhile, Loblaw's "Joe Fresh" is going to take Manhattan. The economically priced fashion retailer is going to try its' luck in fashion friendly New York City.
It's described as a "value driven style concept'. Joe Mimran speaks from experience having taken Club Monaco to New York in 99, only to have Ralph Lauren buy the chain.

With the stronger Canadian dollar it's making it somewhat easier to attack markets south of the border.

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