Next, we have a piece suggesting that the Federal Innovation minister is in talks to bring a foreign grocer to Canada.
Federal Industry Minister François-Philippe Champagne said he'd consider it a good thing if Canada's major grocery chains were upset about his talks with foreign players. "That's good if they're concerned,"
www.thestar.com
I'm not sure I buy this. Canada's big grocers are largely to hefty in size for any international player to pick-up, and there are few regional players left on which one could piggyback entry.
The reasons a foreign grocer would be hesitant to enter the market here are well known, and needn't be repeated; I'm not sure how enthused Canadians would be at the announcement of a billion dollar plus subsidy
to Aldi to enter the Canadian market.
And really one of the two Aldis, nord or sud (Trader Joe's, or Aldi, in the U.S. context) would be the obvious players. Lidl, is another German discount grocer whose name periodically comes up. The only other international player (non-U.S.) I can musing about it is Carrefour; but I'm not sure their balance sheet would permit it.
From the U.S. We already have Wal-mart and Costco here, and Target isn't coming back; that would see one look at the larger main-line grocers to the south and Meijer is really the only obvious fit. Publix is concentrated in Florida and H-E-B in Texas. Kroger is large, but I don't see it as a good fit for the Canadian market. That only leaves Dutch supermarket Ahold Delhaize which those familiar w/the U.S. market would most likely recognize as Food Lion.
We shall see.