Retail sales continue rebound, having risen 7 months in a row since COVID low in April | CBC News

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The increase was led by higher sales at food and beverage stores, and higher online sales — continuing the online shopping trend that exploded last spring. | cbcmarketplace

The data agency released numbers for November on Friday that showed Canadian retailers racked up more than $55 billion in sales during the month. That's more than $600 million higher than they were the previous month, and the seventh straight monthly gain since shopping cratered in March and April of 2020, when the pandemic was just beginning.

The increase was led by higher sales at food and beverage stores and higher online sales — continuing the internet shopping trend that exploded last spring.Food and beverage stores, up 5.9 per cent.Gas stations, down 1.6 per cent.Sales grew in every province except Manitoba, where they declined by 3.1 per cent.

Economists Daren King and Jocelyn Paquet at National Bank note that November's numbers mean that retailers actually sold more in November than they have in any other month, ever. But they, too, expect a slowdown in the next batch. "Given the deterioration of the health situation in several provinces of the country, we expect retail sales to lose some momentum in the last month of the year, as Statistics Canada suggested goods spending decreased in December," they said.

 

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cbcmarketplace Due to sites like Goodlocal Winnipegers could do a lot of their Christmas shopping online. If you couldn't find it there you could get it from other province's sites

cbcmarketplace How much of that is PPE sanitizer , pandemic related purchases?

cbcmarketplace People are still just buying essentials and a few 'wants'.

cbcmarketplace Prices have dropped. That is one reason. The other, is , we did without and ate everything in the pantry. I got tired of wearing Walmart and Family Dollar and Dollar General shorts and tee shirts. I did save money. Then i bought what I wanted whenever I shopped for essentials.

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