Retail sales is key sector as retail sales account for ¼ of GDP
Nearly 4M people work in retail, logistics and warehousing
Sales in the retail trade sector edged down 0.1% in August to $51.5 billion. Sales were down in six subsectors, representing 51% of retail trade.
After removing the effects of price changes, retail sales in volume terms increased 0.2%.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
Lundin Gold April 2024 Corporate Presentation v4.pdf
Canada Retail/Consumer spending continues to struggle in 2019
1. Retail Sales – Canada –
August 2019
Paul Young CPA, CGA
August 22, 2019
2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com
3. Introductory
• Retail sales is key sector as retail sales account for ¼ of GDP
• Nearly 4M people work in retail, logistics and warehousing
– Sales in the retail trade sector edged down 0.1% in August to $51.5 billion.
Sales were down in six subsectors, representing 51% of retail trade.
– After removing the effects of price changes, retail sales in volume terms
increased 0.2%.
– Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
4. Agenda
• Total Retail Sales by Segment
• Total Retail Sales by Province
• Ecommerce
• Alcohol distribution
• Retail / Supply Chain Risk Factors
• Augment Reality and Retail
• Retail closures and bankruptcies
• What happen in 2018
• Retail and Technology
• What’s next
5. Introduction
• Sales in the retail trade sector were essentially unchanged in June.
Stronger sales across most subsectors were offset by lower sales at motor
vehicle and parts dealers and gasoline stations. Excluding sales in these
two subsectors, monthly retail sales advanced 1.7%.
• Sales were down in 4 of 11 subsectors, representing 48% of retail trade.
• After removing the effects of price changes, retail sales in volume terms
increased 0.4%.
• Retail sales for the second quarter increased 1.2%, while retail volumes
edged up 0.1%.
Source - https://www150.statcan.gc.ca/n1/daily-
quotidien/190823/dq190823a-eng.htm
6. Retail Sales by Segment
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
7. Retail Sales by Province
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/191022/dq191022a-eng.htm
13. Loblaws / Phone App for scanning purchases
• Scanning application as part of improving the shopping experience.
Source -https://www.cbc.ca/news/business/loblaws-walmart-shop-
and-scan-technology-1.4912024?cmp=rss
14. Restaurant Automation
Source - https://www.canadianmanufacturing.com/manufacturing/robot-servers-and-3d-menus-whats-on-tap-at-the-restaurant-of-the-future-229415/
Patrons enter a cafe and pass by a hologram of coffee pouring from a carafe into a cup. They scroll
through a three-dimensional menu and see exactly what each dish will look like to help them decide
what to order. A small robot, arms fixed to a tray, delivers the meal to the table and says “Your food
is here.”
That is what the restaurant of the not-too-distant future looks like, say those developing the
technology, which they argue can boost company profits and lower labour costs.
But so far, only a few eateries in Canada have embraced robotics and other high-tech offerings, and
more owners may be hesitant to do so due to high costs in a low-margin industry.
15. Retail Closing and Bankruptcies
• Hugo Boss ‘Mink Mile’ Canadian Flagship to Close, J. Crew CF Toronto Eaton Centre to Close, Enda B in
Vancouver Shuts Operations, Boboli Vancouver to Close Men’s Business, Walmart Closing Store at Toronto’s
Cedarbrae Mall, Hopscotch Chain in Receivership
• Source - https://www.retail-insider.com/retail-insider/2019/1/several-prominent-store-closures-in-canada-this-month