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Retail
Sector Structure
Size: The value of Manitoba’s retail trade in 2004 industry was $11.7 billion. Retail trade contributes approximately $2.1 billion (6.6%) to Manitoba’s GDP annually. Over 68,800 persons are directly employed in the industry in Manitoba.
Dominant Activities: Sale of merchandise to consumers, not for subsequent resale.
Structure & Concentration
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The are approximately 7,000 retail establishments throughout Manitoba. The industry is comprised largely of small to medium-sized operations, with two-thirds of establishments having annual revenues of less than $500,000, and 96% of establishments employing fewer than 50 persons.
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Establishments are a mix of independent merchants, chain stores, department stores and franchise operations.
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The principal industry organization is the Retail Council of Canada – Manitoba division.
Highlights
Sector Capabilities
Principal categories of retail activity in Manitoba include:
- Food sales (26.7%)
- Gasoline & auto parts (9.4%)
- Apparel (4.5%)
- Motor & Recreational Vehicle Dealers (23.0%)
- Household furnishings & appliances (13.3%)
- General Merchandise (13.6%
- Pharmacies & Personal Care (4.8%)
- Other (4.7%)
Competitive Strengths
Market attractiveness – Several features of Manitoba’s stable provincial economy make it an attractive location for retail operations. Household debt is significantly lower than the national average and unemployment rates and annual living costs are among the lowest in Canada, increasing the per capita personal disposable income of Manitobans.
Factor advantages -- Manitoba offers retailers affordable land costs, and commercial leasing rates for prime storefront space are among the most affordable in Canada. Labour costs are competitive and retailers can draw from a productive, skilled and multilingual workforce. The industry is supported by a distribution and warehousing sector that can provide seamless and cost-effective delivery of goods from anywhere in North America and the world.
Key Players
Key retailers with corporate head offices in Manitoba:
Related Links
Contact
Manitoba Competitiveness, Training and Trade
Phone: (204) 945-2475
Fax: (204) 945-3977
Mr. Lanny McInnes,
Director, Government Relations & Member Services (Manitoba)
Retail Council of Canada
Phone: (204) 253-1654
Fax: (204) 253-2413
E-mail: lmcinnes@retailcouncil.org
www.retailcouncil.org
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