Retail News:Upmarket retailers feel pinch as thrift thrives
By ERIC REGULY

Tuesday, February 19, 2002 Print Edition, Page B1

One of the reasons Wal-Mart does so well in Canada is that Canada's standard of living is waning. Canadians, in effect, are becoming low-rent cheapskates who demand bargains, even if it means shopping in a box with all the personality of the airport hangars they resemble.

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