Canadian Discount Store Chain is a series of discount stores or department stores that sell products at a price lower than the principal price of the product, which is even lesser than the regular retail price. This Canadian Discount Store Chain is further divided into two types:
- Discount Store.
- Discount Department Store.
1. Discount Store
Retailers acquire new methods to draw customers which leads to the introduction of the different retail landscape. This retail landscape includes warehouse stores, department stores, dollar stores, discount stores, boutiques, and speciality stores where retailers sell their products at a discounted rate.
Canadian Discount Store Chains are similar to department stores as they sell different types of products in a single place. The only difference is that in discount stores, products are sold at discounts. Retailers purchase products from manufacturers in large quantities to avail of big discounts.
Usually, these products are the ones that do not have an expiry limit. For instance, clothes and shoes can be bought off-season and stored in huge quantities without the fear of them going bad and then can be sold in a season they’re in high demand to gain profit.
Since the buying and selling of goods take place directly between the retailer and the manufacturer, the middleman expense is eliminated. This enables the retailer to buy products at a lower price and further to reduce its price for the customer’s level.
In simple words, Canadian Discount Store Chains are retail stores that offer you products at lower prices than most other retail stores.
Some widely known discount stores are Wal-mart, Kmart, Best Buy, Target, etc. These discount superstores sell their products to big-box stores that deal with grocery selection and are also known as hypermarkets.
If you are looking for a list of top discount stores in Ontario, Canada, Visit 6 Ontario Outlet Malls Worth Visiting.
2. Discount Department Store
Department Stores or the Department Store Chain is a single shop or a chain of store ownership where different types of goods are bifurcated into different departments for easy shopping of the customers.
These various departments include food, clothing, toys, and games, and are sold at lower prices to the customers. They offer customers the convenience of shopping, personalized service, and good quality of products. They are able to increase the profitability by bulk-buying discounts and promoting their brand labels.
Canada has a large number of Canadian Discount Store Chains and Department Stores that are working successfully and providing excellent service to the customers who shop there. Let’s take a look at some of these stores from the vast Canadian Discount Store Chain and learn more about them.
List Of Canadian Discount Store Chains
1. The Bargain Shop
The Bargain Shop is one of Canada’s largest retail chain of product stores that serves small communities in Canada under the name Red Apple and The Bargain Shop. Their main motto is to provide the best of services to their customers in the form of convenient locations, good quality products, and super supportive service.
They also have a program called “Together We Care” to help under-developed communities and support local charities too.
2. Costco Wholesale Corporation
Costco is a multi-million dollar global retailer with active operations in almost eight countries which deal with products in bulk quantities and provide exclusive discounts to members who join them by paying the membership fee.
Obtaining a Costco Membership is easy as long as one agrees to the terms. However, additional terms may apply. To know more in detail about the Costco Wholesale Corporation and its membership, Visit All About The Costco Canada Membership.
3. Sears Canada
Sears Canada was a Canadian public limited company in association with the American based Sears Department Store. Although this giant Canadian retail chain is no longer in operation, it once was a titan of the same.
In 1978, it was purchased by Hudson’s Bay Company after which the joint venture between the Simpsons and the American-based sears was dissolved. Sears Canada had a total of 140 corporate stores, and when it went out of business in 2017, it put almost 12000 people out of work.
4. Walmart Canada
Walmart is one of the largest chains of retail sales, not only in Canada but all over the world. It has a total of 408 stores in Canada that include Walmart Discount Stores and Supercenters. Walmart offers services in departments like Health & Beauty, Electronics, Jewelry, Toys, Family Apparel, Hardware, Sporting Goods, and Automotives.
To know more fun facts and history pointers, visit 15 Crazy Facts About Walmart.
5. Target Canada
Target is a Canadian Discount Store Chain that provides online and in-store services to customers. These services comprise of easy shopping experience in beauty and household, apparel, accessories, food, home furnishing and decor, electronics, and more.
They offer other services like home delivery, shipping without needing to have a membership. They also have customers make a store card that gives them additional discounts and early shipping benefits.
6. No Frills (Grocery Store)
This massive Canadian discount store chain owned by Loblaw Companies Ltd is one of the largest Canadian Discount Store Chains that provide online and offline shopping facilities to their customers. No Frills mainly specializes in grocery shopping and have their stores spread all over Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Saskatchewan.
No Frills follows the Pareto Principle and stocks up only the most bought products. They are not your regular supermarkets where products are simply stacked up along the aisle, and customers empty them on their own.
7. FreshCo Canada
Ever Since 2010, FreshCo’s only goal is to provide the best grocery shopping experience with reasonable discounts. With low prices on almost everything, FreshCo doesn’t compromise on the quality of products. This is the very reason why it is now one of the largest Canadian Discount Store chain of over 100 stores in around 55 towns and cities across Ontario and West Canada.
8. The Great Canadian Dollar Store
This privately-owned discount franchise was started in 1993 by Bud and Vivian Walker with its first office being set up in British Columbia. It is now a chain of 123 stores spread all over Canada and hold products mainly in departments like Party, Stationery, Housewares, Hardware, Confectionery, Toys and Crafts, Giftware, Schooling, and a lot more.
9. Fields (Department Store)
Fields are one of the oldest of the Canadian Discount Store Chain and were started in the year 1950 by a company owned by FHC Holdings. This traditional discount store chain has approximately 63 stores in Canada in different locations and has products in ranges of Apparel, Food, Home Accessories, Baby Products, Electronics, and more.
They also let their customers enjoy the benefit of shopping from the comfort of their homes via their website through which customers can order, and product and delivery will be made to their doorsteps without having actually to make any efforts themselves.
10. Marshall’s Canada
If you are someone who’s looking to shop for big brands at a lesser price than usual, then Marshall’s is the place for you. This chain of discount stores owned by the TJX Companies has over 1000 stores overall and specializes in Electronics, Clothing, and a lot more. Shop at Marshall’s to make big discounts on brands you love the most and have the most satisfying shopping experience.
Most Common FAQS
Which is the most popular Canadian Discount Store Chain?
Costco Wholesale Corporation is a huge hotspot for shoppers across Canada, but Walmart and The Great Canadian Retail Store are also preferred.
Which is the most preferred Grocery Shopping Center in Canada?
FreshCo deals with great quality grocery products and reasonable discounts that one usually looks for and has a wide range of products to choose from.
What kind of products does Canada specialize in?
Canada specializes in the Food Department, Fishery, Chemicals, Petroleum, Natural Gas, and Electronics. With the development in all fields, there is nothing Canada cannot produce.
How is the online shopping experience in Canada?
Canada has one of the most sophisticated and descent e-commerce businesses and has top sites like Amazon, E-Bay, and Walmart supply their products there. It also enables easy delivery of products to the customers with utmost safety.
Is it easy to get a Costco Wholesale Membership?
As long as you comply with all rules and regulations of Costco and have credible documentation, it is straightforward to receive a Costco Membership.
With the Global Economy dropping at a rapid rate, it is a must to have a properly planned shopping list with the exact essentials needed, and it is equally important to stick to the budget. In order to do so, finding the ideal shopping destination that lets you have big discounts, and even bigger savings is significant.
It is said, “When you’re out shopping there is always something you want that you didn’t think you needed”, and with Holiday Season almost on the verge, shop for you and your loved ones with the best stores in Canada.