Department Stores

Canadian Sales Fell in July

Unexpected drop after seven months of gains

Published

10 years ago

September 23, 2014

Canadian retail sales fell in July, dropping unexpectedly for the first time in seven months.

Analysts say the drop stems from lower receipts at general merchandise stores. Overall, retail sales decreased 0.1 percent to C$42.5 billion ($38.7 billion U.S.), according to Statistics Canada, reports Bloomberg News.

Sales declined in five of 11 retail categories. General merchandise, department stores and discount retailers declined 2.7 percent. Receipts at apparel and accessories stores fell 2.3 percent.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
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