Canadian shoppers in high spend mode this Christmas
08 Dec '05
2 min read
For these types of stores, sales last December represented almost triple their average 2004 monthly sales.
Sales in this single month alone also accounted for more than one-fifth (22 percent) of their annual revenue.
Similarly, retailers who specialize in sound and video recordings such as DVDs and compact discs also took in one-fifth (21 percent) of their annual revenue in December.
And that's not to forget appliance and electronics stores, and cosmetic and perfume stores, which relied on December for 17 percent of their annual take.
Overall, Canadian shoppers spent $34.5 billion in retail stores last December.
This was a big 6.9 percent jump over the same month in the previous year, and more than twice the year-over-year gain of 3.3 percent in the previous December.
Definitions, data sources and methods: survey numbers, including related surveys, 2008 and 2406.
marketing@alchempro.com
