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Thunder Bay, ON Insightsas of Oct 2026
Population size
120 K People
Age distribution
43.7 years
Household size
2.2 People
Median household income
69,000 CAD
Cost of living index
85 index
Retail sales per capita
8,500 CAD
Disposable income
31,000 CAD
Spending behavior by category - apparel
1,200 CAD
Spending behavior by category - dining
2,100 CAD
Spending behavior by category - electronics
800 CAD
Existing retail mix
Grocery and general merchandise dominant nan
Number of competitors
150 stores
Market saturation
Medium nan
Presence of anchor tenants
Yes, Walmart, Sobeys nan
Foot traffic from nearby businesses
High in downtown and mall areas nan
Rent costs
1,200 CAD/month
Property values
250,000 CAD
Zoning laws
Commercial zones allow mixed retail nan
Business permits
Standard application process nan
Proximity to major roads
High, near Highway 11/17 nan
Public transportation access
Good in urban core nan
Parking availability
Ample in malls, limited downtown nan
Pedestrian traffic
Moderate, higher in summer nan
Vehicle traffic
High on major routes vehicles/day
Commute times
22.8 minutes
Work patterns
Hybrid post-pandemic, 70% in-person %
Shopping preferences
Value-oriented with local focus nan
Brand affinity
National chains like Canadian Tire nan
Consumer loyalty
High to discount retailers nan
Entertainment and leisure trends
Outdoor activities and festivals nan
Crime statistics
5,778 incidents/100,000
Crime statistics
546.1 incidents/100,000
Shoplifting rates
High, top 10 in Canada for retail crime nan
Public safety measures
Increased policing in retail areas nan
Tourist spending
1.89 billion CAD
Tourist footfall
25,877 visitor days
Major local events
18 events in 2024 nan
Seasonal attractions
Winter skiing, summer hiking nan
Total retail space
500,000 sq m
Retail space per capita
4.2 sq m/person
Sustainable retail demand
Growing with tourism nan
Major upcoming retail projects
Waterfront developments nan
Consumer spending patterns
Value-driven, discount focus nan
Luxury retail performance
Low penetration nan
Top mall shopping preferences
Intercity Shopping Centre nan
Key drivers for mall visits
Convenience and variety nan
Preferred brand categories
Low preference nan
Preferred brand categories
High, e.g., Walmart nan
Number of existing malls
3 malls
Total retail footfall
2,500,000 visits
Retail market gaps
Luxury and specialty stores nan
Trade area population
150,000 people
Retail potential in catchment area
High growth potential nan
Preferred mall layouts
Open-air and mixed-use nan
Public transport access
High in mall areas nan
Walkability score
55 score
Road infrastructure & car access
Good, Highway 17 connectivity nan
Parking capacity in comparable malls
2,000 spaces
Surrounding land use & future developments
Mixed residential-commercial, waterfront growth nan
Retail Destinations in Thunder Bay, ON
Browse 4 retail destinations in Thunder Bay, ON, Canada. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Thunder Bay, ON at a Glance
- Total Properties4
- CountryCanada
