Search results
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 ...
- Canadian Retail Sales Had a Good 2021, But Things are Cooling ...
None of this bodes well going into 2022. Grocery stores...
- Canadian Retail Sales Had a Good 2021, But Things are Cooling ...
Feb 21, 2024 · General merchandise retailers, including warehouse clubs, supercentres and other general merchandise retailers, generated $99.3 billion in operating revenue in 2022. 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 ...
About Deloitte’s 2022 Canadian retail outlook. The pandemic led many retailers to seize the chance to make long-overdue investments in systems and processes to meet consumers’ rapid embrace of omnichannel shopping. Now, as normalcy seems to be on the horizon, retail businesses have an opportunity to pause and plan more strategically.
- Food & Drug
- Store Merchandise
- Automotive & Related
- By The Numbers
- Canadian E-Commerce Sales
- Monthly Update Notification
After setting records in 2020, the Food & Drug sector had very modest growth in 2021, with sales up just 1.9%. The trend lines declined over most of the year. In Q4, retail sales recorded a rare dip into negative territory, down 0.6% year-over-year. The underlying 12 month trend has also taken a nosedive, despite inflation and population growth. No...
Retail sales for the Store Merchandise sector were up 12.8% in 2021, a record high. But again, this was a rebound from slow sales from the year before due to COVID. Also, most of this sales increase happened in Q2 and things have slowed somewhat since. In Q4, year-over-year retail sales were up 8.1%, which is still a healthy increase, but just not ...
Retail sales in the Automotive & Related sector were up a whopping 19.5% in 2021. This was due to strong gains in vehicle sales earlier in the year combined with big gains in gasoline station sales throughout most of 2021. By Q4 however, sales gains at new car dealers slowed down to 3.4% year-over-year. This was more than offset by a nosebleed 34.8...
Note that the data and analysis in this report are always based on not seasonally adjusted (or unadjusted) retail sales statistics. For definitions of store types, see Statistics Canada NAICS.
Annual Canadian e-commerce retail sales increased by 74.2% in 2020 as COVID hit, and then by a further 14.2% in 2021. E-commerce is still growing, but not as fast as it used to. In Q4 2021, e-commerce sales actually declined by 4.2%, and growth may be flat going forward as COVID restrictions continue to be lifted. Overall, e-commerce represented ab...
This analysis is updated monthly as new numbers are published by Statistics Canada. If you would like notification from Linkedin of when an update becomes available (and you’ve read this far), please connect with Ed Strapagiel on LinkedIn. 22 February 2022
- Ed Strapagiel
Dec 26, 2021 · The year 2020 was ugly for Canadian retail, as a relentless string of bankruptcies and closures -- accelerated by the pandemic -- marked the demise of dozens of chains.
A paid subscription is required for full access. ... In 2022, retail trade sales in Canada amounted to approximately 815.5 billion Canadian dollars, up from 674 billion recorded a year earlier ...
People also ask
How much did retail trade sell in Canada in 2022?
Will 2022 be a good year for retailers?
How much did Canadian retailers spend in 2022?
How did retail sales perform in Q4 2021?
What is Canadian retail sales growth in 2021?
How much does retail cost in 2022?
Jan 20, 2023 · Retail sales fell 0.1% in November, in line with our call but above consensus expectations. The decline was entirely due to a contraction in volumes, with retail prices inching higher in the month. At the same time, core retail sales – purchases excluding gas stations and motor vehicle and parts dealers – posted a much deeper 1.1% plunge in November. With about one third of Statistics ...
