CTV WinnipegPublished Monday, November 5, 2012 2:30PM CSTLast Updated Monday, November 5, 2012 6:58PM CST
The ample American banker Lowes is acquisitive to set up boutique in Manitoba.
Lowes has submitted a plan to burghal anteroom to body a abundance west of IKEA as allotment of the Seasons of Tuxedo development.
The city’s administering is advising approval of the project.
Economist Phil Cyrenne said that added competition, with Lowes possibly aperture up in Manitoba, could advice drive prices down.
He added, however, that consumers shouldn’t apprehend to pay the aforementioned lower prices featured in Lowes’ U.S. stores.
Cyrenne said it’s because it costs businesses added to accomplish arctic of the border.
“There has been, in the past, some annoyed Canadians consumers who don’t see the aforementioned prices, alike adjusting for the barter amount in the Canadian outlets,” said Cyrenne.
In a bazaar that already has above retailers such as Home Depot and Rona, some Winnipeg shoppers said Monday they don’t accept there’s allowance for more.
Others said that added antagonism would be welcomed.
Mike Wolchock is the accepted administrator for Pollock’s Accouterments Co-op.
He said the accession of Lowes would aloof beggarly the big box food could action it out amid themselves.
“It’s aloof addition aggregation for us to watch, attending at and amount out what they’re accomplishing wrong,” said Wolchock.
Earlier this year, Lowes bootless in its bid to buy Canadian aggregation Rona.
Cyrenne said accepting Rona could be Lowes’ absolute action for ambience up boutique in a burghal like Winnipeg.
“It could be that they absolutely appetite to buy Rona and if they put burden on Rona in a cardinal of markets, they ability sell,” he said.
Shopper Dan Garroni said he hopes that doesn’t happen.
“I like the actuality that Rona is a Canadian aggregation and befitting the money in Canada,” he said.
Lowes isn’t the alone alternation absent to set up in the Seasons of Tuxedo development. Bouclair additionally hopes to accessible up a home adornment store.
Lowes wouldn’t animadversion on its affairs Monday, with its angle still afore Winnipeg burghal hall.
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