Retail sales News
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Toronto -
With four consecutive monthly retail sales increases, a new report from Statistics Canada found that retailers suffered a weak final month of the year. The statistical analysis suggested that retail sales were down 0.2 percent to $38.6 billion.
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In comparisons of November to November sales figures across top department store retailers, the 2009 holiday season is shaping up poorly.
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The U.S. economy continues to meander through its many challenges, with retail sales dipping and new jobless claims rising. Both events were unexpected.
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Stephan Ridgway
Canberra: Bus Depot Markets.
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