As ‘Buy Canadian' grows, more US companies say retailers turning away their products [Yahoo! Finance Canada]
Walmart Inc. (WMT)
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Source: Yahoo! Finance Canada
TORONTO/NEW YORK (Reuters) - The "Buy Canadian" movement is sending new ripples of concern through the executive offices of U.S.-based consumer companies that banked on selling their products on Canadian retail shelves. California-based diaper maker Parasol Co had been working since January with a distributor to expand the sale of its diapers and baby wipes to new retailers in Canada, including convenience stores, CEO Jessica Hung said. But, in early March the distributor, who Hung declined to name, halted work on the deal, she said, because of growing anti-American sentiment in Canada. "They were instructed by a retailer to pause any American brand launch," Hung said, referring to the distributor. "They told us they would re-evaluate when market conditions allow." "That's the kind of disruption we would never expect,” said Hung. "I never heard of this happening until now. It's definitely quite a bit of headwinds." A dramatic reshuffling of Canada's retail shelves illustrat
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