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Ecommerce continues to help steady retail regrowth following early year fall

Ecommerce continues to help steady retail regrowth following early year fall

 

  • Retail sales continue to steadily grow in Canada, thanks in part to the huge success of ecommerce, with new statistics from August showing another rise
  • Growing 0.4%, to C$53.2 billion, retail saw goods such as building materials, gardening equipment and food and drink provide the largest sales, whilst apparel sales are still 12% down from August last year
  • Ecommerce sales took up a bigger slice of overall sales, rising to 5.0% of total retail trade, up from 4.8% in the month before, which overall is a 60% rise year on year

Source: https://www.retailcouncil.org/press-releases/retail-sales-continues-to-grow-slightly-in-august-as-working-from-and-staying-closer-to-home-bolster-key-product-categories/

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