Canadian retailers see consolidation

Consolidation among Canadian retailers has accelerated the shift from independents to large national and regional chains, says a report on Canadian retail issued by the U.S. Department of Agriculture. The report is based on 2016 data.

Traditional grocery stores accounted for about 58 per cent of food sales in 2016, most coming from Loblaw’s, Sobeys and Metro. Retail food sales in Canada totaled $73 billion that year, about 17 per cent of total retail sales in Canada.

Non-grocery retailers, notably Walmart and Costco, have gained market share in the retail grocery sector, and accounted for 20 per cent of that market in 2016. The discount channel also grew, from 27 per cent in 2011 to 36 per cent in 2016, and that trend is expected to continue.

Meanwhile, online grocery shopping in Canada continues to grow but at a slower rate than expected.

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