Dive Summary:
- Canadian retail revenue saw a slight increase in March in 2013 posting a retail sales increase of 0.7%, according to reports by Statistics Canada.
- The most notable increase in sales was recorded by clothing and accessories merchants. Demand for the products caused a spike in sales of 3.1%.
- Increased revenue by clothing and accessories merchants led all other retail sub-sectors, increasing profits a total of 3.5%.
From the article:
Sales at motor vehicle and parts dealers rose 0.7%, a third consecutive monthly gain. Higher receipts at other motor vehicle dealers (+6.1%) and at new car dealers (+0.3%) accounted for most of the gain. The advance in sales in the “other motor vehicle dealers” industry did not offset the decline in February.