July Statistics Canada numbers suggest that retailers continue to struggle to emerge from the COVID-19 pandemic
September 21, 2020Retail Council of Canada notes that July retail numbers, as reported by Statistics Canada this morning, show that many categories within the sector are still strained and struggling to survive the COVID-19 pandemic. After a big leap in June, the 1.2% month-over-month decline in core retail in July suggests that the retail recovery is slowing, consistent with what we have seen over the past couple of days with numbers coming out of the United Kingdom and United States.
