Description: Canadian retail sales pared back most of their recent gains last month, as the country suffered through new lockdown restrictions during the key holiday season.
Source: BNNBloomberg.ca – video report
Date: Jan 21, 2022
Questions for discussion:
- What explains the drop in retail sales?
- Given the analysis, what should retailers expect in the future?
- Do you agree with this analysis?
- What would you advise retailers?