Industry Analysis & Industry Trends
High unemployment and falling disposable income levels prompted many consumers to scale back discretionary spending during the recession. Consequently, men's clothing stores experienced declining demand and many operators resorted to promotional and discount activity to bear the burden. Although the industry is forecast to improve over the five years to 2020, especially as operators strive to increase operational efficiency and cater to niche markets, the industry will experience an increase in external competition as international clothing retailers muscle in on the Canadian retail market... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of the Men's Clothing Stores industry largely correlates with the country's distribution of population. This is characteristic of retail industries overall because they rely heavily on consumer purchases. As a result, Ontario and Quebec house the greatest proportion of industry establishments.
Ontario is a densely populated province with 38.8% of the country's population. As a result, the region is home to 39.7% of industry establishments. Located close to the Great Lakes area of the United States, this area has easy access to an established transportation network. Quebec's proportion of industry establishments is also considerable at 28.2% because the area is home to 23.1% of Canada's population... purchase to read more