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Retail sales

Retail sales fell in August and were flat in September as consumers closed their wallets

by Anas Siddiqui
Retail sales fell in August and were flat in September as consumers closed their wallets

Retail sales fell by 0.1 per cent to $66.1 billion in August, Statistics Canada reported Friday, adding that advanced estimates for September look like no growth, too. The data agency …

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Consumers buckling for first time in decade: Former Walmart U.S. CEO

by Walter Watson
Consumers buckling for first time in decade: Former Walmart U.S. CEO

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …

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China’s property slump worsens, clouding recovery prospects

by Walter Watson
China’s property slump worsens, clouding recovery prospects

Residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China, on Thursday, Sept. 7, 2023. Speculative bets that Chinese authorities will …

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