date:May 19, 2014
ely expanding its grocery business in Canada, saw customer traffic slide 2.8% compared with the same quarter last year. That was moderated by a rise in average customer spending at the till, which was up 1.4%.
The broader battle for customers between Walmart Canada and Target Canada has affected the promotional pricing of high-traffic [merchandise], categories as Target seeks to attract consumer trial, analyst Keith Howlett of Desjardins Securities said in a note to clients. We expect competiti