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Retail in Canada

The retail sector is a driving force and lead indicator about the state of Canada's economy.

Below we present 10 Fun Facts about retailing - why you should study it and how it impacts all Canadians.   

10 minutes plus

Females, who make up two thirds of all mall shoppers, spent nearly 10 more minutes in the mall per visit than men.

10 equals 2 to 3

For every 10 individuals directly employed at a shopping center, an additional 2 to 3 jobs are created and supported in the community due to multiplier effect.

Fifty Cents for Fashion

About half of all sales at malls take place in apparel stores.

Competitive Turnover

In 1998, about 70% of retail organizations were new entrants to the market.

Food + Automotive = 1/3

Food and motor vehicles account for a one-third of retail spending in Canada.

Retail Growth in Canada

Despite the economic slowdown in 2009, the retail sector continues to grow and expand.

From “Made in China” to "Sold in China”

China has become a target market for organizations across the retail industry.

Megatrends

Retail industry intuitively follows not only all current trends in society but also megatrends such as a rise of lone-parent families, birthrate decline, immigration and aging population.

A Dollar to a Good Cause

In 2012, more than $358 million raised by top retailers using charity checkout campaigns in the U.S.

15% Growth of Omni-channel

It is expected that eCommerce growth will dramatically outpace bricks-and-mortar stores sales growth by five times (15%).