Retail Insider's latest Consumer Behavior and Retail Economy Report examines how affordability pressures, selective spending, retail real estate polarization, and widening differences between value and premium segments are reshaping Canada's retail landscape and influencing strategic decisions across the industry.
Canadians making more trips with smaller baskets at the grocery store, questions about future of downtown Vancouver Hudson's Bay, Sobeys debuts new store concept in Welland ON, dollar store opens in Elliott Lake, and other news.
The largest decrease in retail sales in February was observed at motor vehicle and parts dealers (-2.6%), with all four store types within this subsector posting declines.