Marshalls Continues Aggressive Canadian Store Expansion
TJX-owned off-price retailer Marshalls has opened 10 Canadian stores since August of this year, and the momentum is expected to continue into 2017. Canada is seeing more off-price stores opening than at any time in its history, and competition will become even fiercer as competitors Saks OFF 5TH and Nordstrom Rack continue with their Canadian expansion plans.
Marshalls entered the Canadian market in March of 2011 with three stores in the Greater Toronto area, followed by 2013 store openings in Ontario, Manitoba and British Columbia. In the summer of 2014, the company expanded further, with new stores in the Maritimes and Quebec. Parent company TJX also operates the Winners and HomeSense retail chains in Canada.