OTTAWA — Canadian retail sales rose 3.6% in January from the previous year, and the three-month growth trend edged ahead of the 12-month trend for the first time in more than a year. Yet the picture of recovery is mixed, according to analyst Ed Strapagiel, as much of the retail resilience for the month was due to a surge in auto dealership sales. The store sector alone saw further decline, showing signs of more softness to come. Building materials and garden supplies were strong, however, up 7.3% in January and up 6.7% year over year.
Canadian retail gets rocky start
Most Recent
Most Read
Quebec industry gala draws record crowd to celebrate its own
Mon, April 28th, 2025
Housing starts remain at 1970s levels
Mon, April 28th, 2025
Super Remover calls for crackdown on toxic compounds
Mon, April 28th, 2025
HBC begins liquidation at last six locations
Mon, April 28th, 2025
IKEA Canada to open fifth Plan and order point
Fri, April 25th, 2025
Canadian economy forecast to contract
Fri, April 25th, 2025
Diane Brisebois receives RCC Hall of Fame nod
Fri, April 25th, 2025
RONA launches new private label
Thu, April 24th, 2025
Throwback Thursday: 25 years ago, Winroc continued its U.S. expansion
Thu, April 24th, 2025
Canac launches in-house potato chip line
Thu, April 24th, 2025