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Feb 21, 2023 · Retail e-commerce sales higher than pre-pandemic levels. After a sharp increase at the onset of the pandemic, retail e-commerce sales have receded as of July 2022 but remain well above pre-pandemic levels. The share of retail e-commerce sales, as a proportion of total retail sales, rose from 3.9% in 2019 to 6.2% in 2022 (July year to date).
2024-08-06. North American Industry Classification System (NAICS) Canada 2022 Version 1.0 - This sector comprises establishments primarily engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise ...
Feb 21, 2024 · This subsector's cost of goods sold was $75.6 billion and total expenses were $17.7 billion, resulting in a profit margin of 6.1% in 2022. Sales in the second-largest subsecto r—f ood and beverage retailer s—t otalled $152.0 billion in 2022. The profit margin at food and beverage retailers was 7.4% in 2022.
For a far more detailed overview of NAICS changes, download the NAICS 2017 - 2022 Concordance. In very brief summary, industries affected by the new changes include a wide variety of mining operations, many retailers and distributers, various manufacturers, publishers, wholesale trade, media streaming , banking and finance industries, and ...
Feb 21, 2023 · In volume terms, retail sales increased 1.3% in December. Retail sales increased 8.2% in 2022, led by gasoline stations and general merchandise stores. In volume terms, sales were up 1.5% in 2022. On March 24, 2023, Statistics Canada will release the official Monthly Retail Trade Survey estimates for the reference month January 2023.
Status: This standard was approved as a departmental standard on July 30, 2021. NAICS 2022 Version 1.0 is the biggest revision to NAICS since 2002. The overarching theme to the updates is the digital economy. The guiding principle of these changes is to classify economic activities based on digital platforms, and those offered on other forms ...
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Jan 3, 2023 · “The Canadian retail sector in 2022 was a page out of Charles Dickens where we had the best of times with new retail brands entering the Canadian market, sales surges in the lux sector along with travel-related and experiential retailing strong, but the worst of times with retailers facing labour shortages, wages and salaries increasing, a mild fall in some parts of the country and for many ...
