top of page
Orgill_OBE-SUM24-Key Media-Digital Ad970x90 (May web)

Jul 21, 2023

May retail sales remain steady

Retail sales increased 0.2% to $66 billion in May with sales increasing in five of nine subsectors led by increases at motor vehicle and parts dealers (+0.8%) and food and beverage retailers (+1.0%), says Statistics Canada. Core retail sales – which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers – were unchanged in May. Higher receipts were reported at food and beverage retailers (+1.0%) and, to a lesser extent, sporting goods, hobby, musical instrument, book, and miscellaneous retailers (+0.8%). Offsetting these gains were lower sales at general merchandise retailers (-0.7%), building materials and garden equipment and supplies dealers (-1.5%), and clothing, clothing accessories, shoes, jewellery, luggage, and leather goods retailers (-0.8%). Retail sales increased in six provinces in May, led by higher sales in British Columbia (+2.7%) and, to a lesser extent, Alberta (+2.0%). As well, on a seasonally adjusted basis, retail e-commerce sales were up 2.1% to $3.7 billion in May, accounting for 5.6% of total retail trade compared with 5.5% in April. 

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page