This industry profile provides a five-year forecast for Canada’s Clothing and Department Stores Industry.
Canadian Industrial Profile: Clothing and Department Stores—Autumn 2016
Canadian Industrial Profile: Clothing and Department Stores—Autumn 2016
Industry Economic Analysis
$660.00
- Imports—The weak loonie has led to rising costs for retailers in this segment since they often rely on sales of imported goods.
- Consumer Debt—Future growth in retail sales will slow as record levels of consumer debt continue to weigh on household budgets.
- E-Commerce—Many retailers in this industry are benefiting from continued growth of e-commerce, which allows for easier marketing to consumers and saves costs from reduced floor space and in-store traffic.
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