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Retail Sales in Canada decreased 1.10 percent in May of 2025 over the previous month. This dataset provides - Canada Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Canada retail market was valued at USD 795.57 Billion in 2024. The market is further projected to grow at a CAGR of 4.90% between 2025 and 2034, reaching a value of USD 1283.61 Billion by 2034.
In 2022, retail trade sales in Canada amounted to approximately ***** billion Canadian dollars, up from *** billion recorded a year earlier. This represents an increase of approximately ** percent in comparison to 2021. Retail in Canada The Canadian retail trade industry constantly grew between 2012 and 2019. In that year retail trade sales increased by *** percent from 2018. In 2020, however, sales decreased by nearly *** percent amidst the coronavirus (COVID-19) pandemic. Motor vehicle and parts dealers retail sales declined nearly **** percent in 2020, while new car dealers, which accounted for about ** percent of total retail sales, declined nearly ** percent. In contrast, retail sales in other sectors such as supermarkets, and building material and garden equipment suppliers were impacted positively in 2020. Sales at supermarkets and other grocery stores increased nearly ** percent as they were essential at the start of the pandemic. On the other hand, with consumers spending more time at home, sales at building material and garden equipment suppliers grew significantly. The year-over-year change was around ** percent in 2020, but the month-over-month change increased by nearly ** percent in December 2020 against December 2019.
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Retail Sales in Canada increased 5 percent in April of 2025 over the same month in the previous year. This dataset provides - Canada Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Canada Retail Sales Growth
Retail Trade, sales by industries based on North American Industry Classification System (NAICS), monthly.
The statistic shows the gross domestic product (GDP) at basic prices for the Canadian retail trade industry between January 2015 and November 2024, in billion Canadian dollars. In November 2024, the GDP for the retail trade sector stood at around 116 billion Canadian dollars.
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Supermarkets and grocery stores have endured a transformative journey since 2019, shaped by the pandemic, geopolitical tensions and an ever-changing market landscape. Grocers first encountered unprecedented demand as lockdowns redirected consumers' spending from entertainment to at-home essentials. Sales spiked, but the boom was fleeting; by 2021, factors like declining disposable income and soaring food prices reversed the trend. Even post-pandemic, the industry is evolving—more consumers than ever are embracing online grocery shopping, prompting traditional retailers to bolster their digital presence. Those unable or unwilling to adapt were largely forced out, while the largest supermarket chains maintained dominance through aggressive merger and acquisition activity and by leveraging vertically integrated operations. This momentous period caused heightened revenue volatility that still persists. Revenue has been rising at a CAGR of 0.1% over the past five years and is expected to dip 0.9% in 2024 when revenue will reach $111.9 billion. Amid this transformation, significant profit disparities worsened in an incredibly concentrated industry. Geopolitical instabilities like the war in Ukraine intensified supply chain disruptions, impacting costs for retailers. Rising energy prices compound this issue, squeezing profit as transportation expenses mount. Meanwhile, climate change injects further unpredictability into production costs, forcing grocers to manage these pressures by cautiously adjusting consumer prices. A class-action lawsuit against Loblaw Cos. Ltd. underscores market concentration challenges, spotlighting potential anti-competitive behaviours and their implications. This legal scrutiny, combined with governmental pressure for price transparency, could foster a more equitable marketplace. Should dominant players like Loblaw adjust their pricing strategies, it may level the playing field for smaller competitors, expanding competition and consumer choice. Over the next five years, a stable economic backdrop will support modest revenue growth for supermarkets. As disposable incomes stabilize, a return to preferred brands could uplift grocers' revenue. A more tempered rise in food prices will allow for strategic pricing decisions, providing grocers with a favourable environment for maintaining consumer loyalty. Technological advancements will be pivotal, with retailers expected to deepen investments in e-commerce and in-store technologies like AI-powered inventory management. This investment will be crucial as online grocery shopping and big-box retailers thrive. Governmental regulatory efforts may also reshape industry dynamics, offering smaller grocers a greater chance to compete by enhancing pricing equity. Continued inventory diversification reflecting health-conscious consumer preferences will likely continue, driven by rising interest in plant-based and ethical products. Retailers that navigate these shifts adeptly, leveraging both technology and emerging consumer trends, are poised to gain a competitive edge. Revenue is forecast to climb at a CAGR of 1.7% over the next five years, reaching $122.0 billion in 2029.
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Retail trade, sales, Canada, provinces, territories and specific Census Metropolitan Areas based on the North American Industry Classification System (NAICS), monthly.
Retail trade sales, price, and volume, for Canada, includes all members under North American Industry Classification System. Data is seasonally adjusted, available on a monthly basis in dollars x 1,000,000.
Retail Analytics Market Size 2025-2029
The retail analytics market size is forecast to increase by USD 28.47 billion, at a CAGR of 29.5% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing volume and complexity of data generated by retail businesses. This data deluge offers valuable insights for retailers, enabling them to optimize operations, enhance customer experience, and make data-driven decisions. However, this trend also presents challenges. One of the most pressing issues is the increasing adoption of Artificial Intelligence (AI) in the retail sector. While AI brings numerous benefits, such as personalized marketing and improved supply chain management, it also raises privacy and security concerns among customers.
Retailers must address these concerns through transparent data handling practices and robust security measures to maintain customer trust and loyalty. Navigating these challenges requires a strategic approach, with a focus on data security, customer privacy, and effective implementation of AI technologies. Companies that successfully harness the power of retail analytics while addressing these challenges will gain a competitive edge in the market.
What will be the Size of the Retail Analytics Market during the forecast period?
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The market continues to evolve, driven by the constant need for businesses to gain insights from their data and adapt to shifting consumer behaviors. Entities such as text analytics, data quality, price optimization, customer journey mapping, mobile analytics, time series analysis, regression analysis, social media analytics, data mining, historical data analysis, and data cleansing are integral components of this dynamic landscape. Text analytics uncovers hidden patterns and trends in unstructured data, while data quality ensures the accuracy and consistency of information. Price optimization leverages historical data to determine optimal pricing strategies, and customer journey mapping provides insights into the customer experience.
Mobile analytics caters to the growing number of mobile shoppers, and time series analysis identifies trends and patterns over time. Regression analysis uncovers relationships between variables, social media analytics monitors brand sentiment, and data mining uncovers hidden patterns and correlations. Historical data analysis informs strategic decision-making, and data cleansing prepares data for analysis. Customer feedback analysis provides valuable insights into customer satisfaction, and association rule mining uncovers relationships between customer behaviors and purchases. Predictive analytics anticipates future trends, real-time analytics delivers insights in real-time, and market basket analysis uncovers relationships between products. Data security safeguards sensitive information, machine learning (ML) and artificial intelligence (AI) enhance data analysis capabilities, and cloud-based analytics offers flexibility and scalability.
Business intelligence (BI) and open-source analytics provide comprehensive data analysis solutions, while inventory management and supply chain optimization streamline operations. Data governance ensures data is used ethically and effectively, and loyalty programs and A/B testing optimize customer engagement and retention. Seasonality analysis accounts for seasonal trends, and trend analysis identifies emerging trends. Data integration connects disparate data sources, and clickstream analysis tracks user behavior on websites. In the ever-changing retail landscape, these entities are seamlessly integrated into retail analytics solutions, enabling businesses to stay competitive and adapt to evolving market dynamics.
How is this Retail Analytics Industry segmented?
The retail analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
In-store operation
Customer management
Supply chain management
Marketing and merchandizing
Others
Component
Software
Services
Deployment
Cloud-based
On-premises
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Application Insights
The in-store operation segment is estimated to witness significant growth during the forecast period. In the realm of retail, the in-store operation segment of the market plays a pivotal role in optimizing brick-and-mortar retail operations. This segment encompasses various data analytics applications with
In December of 2024, retail sales amounted to an estimated ** billion Canadian dollars. In April 2020, retail sales plummeted in Canada as the coronavirus (COVID-19) pandemic caused most businesses to close temporarily.
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Consumer electronics stores have exhibited mixed performance in recent years. Electronics retailers offer a broad spectrum of goods, including TVs, computers, tablets, refrigerators, washing machines and blenders. Stores have struggled because of strong competition from mass merchandisers, including discount retailers and department stores and the continued rise of e-commerce outlets. The large shift in consumer spending from services to goods during the pandemic unexpectedly boosted revenue in 2020 as demand for consumer electronics rose. However, this wasn't enough to offset the overall slump in revenue caused by strong external competition and unfavourable macroeconomic conditions. Revenue for consumer electronics stores is expected to dip at a CAGR of 1.2% to $15.6 billion through the end of 2024, despite a forecast increase of 0.1% that year alone. Consumer electronics stores have endured a steady decline over the past decade, as many stores have struggled to attract customers since the growing prominence of online retailers and mass merchandisers. These competitors offer very competitive prices and sometimes have a wider variety of goods. Large stores, like Best Buy, have begun restructuring their businesses by closing unprofitable stores, shifting their focus to maintaining smaller stores and entering a strategic partnership with The Source, another major consumer electronics store. Many electronics stores have also begun emphasizing customer service by offering more interactive shopping experiences. Increased external competition and changing consumer preferences have contributed to a decline in profit in recent years. Moving forward, revenue for consumer electronics stores is forecast to recover modestly as stores benefit from their investments in online platforms. Stores like Best Buy will be poised to compete with the likes of Amazon and Walmart to win online business. Still, revenue is expected to remain far below its 2007 peak. Economic growth will intensify competition among retailers to secure a sizeable consumer electronics market share. The price-based competition will intensify, which will further diminish profitability. Revenue is expected to climb at a CAGR of 1.6% to $16.9 billion through the end of 2029.
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The Dollar and Variety Store industry in Canada has been resilient and adaptable in the face of economic shifts and inflationary pressures. Industry revenue has risen over the past five years at a CAGR of 2.8%. With an anticipated growth of 1.0% this year, it will reach $8.3 billion in 2025. These stores have evolved beyond their basic, impulse-buy roots, gaining traction with middle-income consumers by diversifying product lines and enhancing customer experiences. With over 85% of Canadians living within 10 kilometres of a Dollarama, according to the company’s estimates, their accessibility and broadened offerings have made them essential in the retail landscape. Despite tight and fluctuating profit driven by volatile input costs, the temperance of inflation promises more predictability, setting the stage for future growth. Over the past five years, these stores have skillfully leveraged economic volatility to their advantage. The spike in 2020 revenue by 11.8% highlights their ability to capture budget-conscious shoppers during the pandemic downturn. They’ve navigated through shifts in per capita disposable income and spikes in the consumer price index by emphasizing their affordable essentials. Dollar stores’ adaptability and emphasis on in-store innovations, like strategic product placements and optimized queue lines, have kept them afloat against external competition. By revamping aesthetics and introducing national brands, dollar stores have shattered negative stereotypes and set new standards for chic, budget-friendly shopping. The next five years hold promising potential, tempered with challenges. Revenue is projected to climb at a CAGR of 1.1%, hitting $8.8 billion in 2030. Major chains like Dollarama and Dollar Tree are expected to drive this growth through aggressive expansion and tech investments. These strategies will ensure they remain competitive amid increased pressure from major retailers like Amazon and Temu. As consumers continue tightening their wallets with an expected 0.7% annual decline in disposable income, dollar stores are poised to capture this bargain-hunting demographic. By embracing advancements in AI and inventory management, they aim to enhance shopping experiences and extend their market reach. With anticipated interest rate cuts potentially lowering operational costs, these stores are set to consolidate their position in Canada’s evolving retail scene.
Retail Trade, sales by industries based on North American Industry Classification System (NAICS), monthly.
E-Commerce Retail Market Size 2025-2029
The e-commerce retail market size is forecast to increase by USD 4,833.5 billion at a CAGR of 12% between 2024 and 2029.
The market is experiencing significant growth, driven by the advent of personalized shopping experiences. Consumers increasingly expect tailored recommendations and seamless interactions, leading retailers to integrate advanced technologies such as Artificial Intelligence (AI) to enhance the shopping journey. However, this market is not without challenges. Strict regulatory policies related to compliance and customer protection pose obstacles for retailers, requiring continuous investment in technology and resources to ensure adherence.
Retailers must navigate these challenges to effectively capitalize on the market's potential and deliver value to customers. By focusing on personalization and regulatory compliance, e-commerce retailers can differentiate themselves, build customer loyalty, and ultimately thrive in this dynamic market. Balancing the need for innovation with regulatory requirements is a delicate task, necessitating strategic planning and operational agility. Fraud prevention and customer retention are crucial aspects of e-commerce, with payment gateways ensuring secure transactions.
What will be the Size of the E-Commerce Retail Market during the forecast period?
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In the dynamic market, shopping carts and checkout processes streamline transactions, while sales forecasting and marketing automation help businesses anticipate consumer demand and optimize promotions. SMS marketing and targeted advertising reach customers effectively, driving sales growth. Warranty claims and customer support chatbots ensure post-purchase satisfaction, bolstering customer loyalty. Retail technology advances, including sustainable packaging, green logistics, and mobile optimization, cater to environmentally-conscious consumers. Legal compliance, data encryption, and fraud detection safeguard businesses and consumer trust. Product reviews, search functionality, and personalized recommendations enhance the shopping experience, fostering customer engagement.
Dynamic pricing and delivery networks adapt to market fluctuations and consumer preferences, respectively. E-commerce software integrates various functionalities, from circular economy initiatives and website accessibility to email automation and real-time order tracking. Overall, the e-commerce landscape continues to evolve, with businesses adopting innovative strategies to meet the needs of diverse customer segments and stay competitive.
How is this E-Commerce Retail Industry segmented?
The e-commerce retail industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Apparel and accessories
Groceries
Footwear
Personal and beauty care
Others
Modality
Business to business (B2B)
Business to consumer (B2C)
Consumer to consumer (C2C)
Device
Mobile
Desktop
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Product Insights
The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market for apparel and accessories is experiencing significant growth, fueled by several key trends. Increasing consumer affluence and a shift toward premiumization are driving this expansion, with the organized retail sector seeing particular growth. Influenced by social media trends, the Gen Z demographic is a major contributor to this rise in online shopping. This demographic is known for their preference for the latest fashion trends and their willingness to invest in premium products, making them a valuable market segment. Machine learning and artificial intelligence are increasingly being used for returns management and personalized recommendations, enhancing the customer experience.
Ethical sourcing and supply chain optimization are also essential, as consumers demand transparency and sustainability. Cybersecurity threats continue to pose challenges, requiring robust strategies and technologies. B2C and C2C e-commerce are thriving, with influencer marketing and e-commerce analytics playing significant roles. Customer reviews are essential for building trust and brand loyalty, while reputation management and affiliate marketing help expand reach. Sustainable e-commerce and b2b e-commerce are also gaining traction, with third-party logistics and social commerce offering new opportunitie
In 2024, retail e-commerce in Canada was forecast to generate over **** billion U.S. dollars in revenues. According to estimates, this figure is projected to increase to *** billion U.S. dollars by 2029. Successful e-commerce segments in Canada Canada's booming e-commerce sector owes more than half of its retail sales to two particularly lucrative segments: fashion and electronics, which captured ** and ** percent of all e-commerce retail sales in Canada in 2022, respectively. With nearly ** billion U.S. dollars in e-commerce net sales, Amazon was the leading online store in Canada in 2021, outperforming competitors like Walmart and Costco by an impressive margin. Ranking second, walmart.ca generated around **** billion U.S. dollars in e-commerce net sales that year. Fashion leads the way Fashion proved to be a successful e-commerce segment in many countries around the world, and Canada was no exception, as the most popular online stores in the fashion segment raked in millions of dollars in e-commerce net sales, led by gapcanada.ca with *** million U.S. dollars in 2021. Like many other countries in the world, Canada's fashion e-commerce sector was also disrupted by a Chinese newcomer that catapulted itself to the centerstage of the fast fashion world: Shein was the most downloaded fashion and beauty shopping app in Canada in June 2022, with its ******* monthly downloads overshadowing those of competitors. In comparison, long-established fast fashion titan Zara only amassed ****** downloads that same month.
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Graph and download economic data for Value of Total Retail Trade sales for Canada (SLRTTO02CAA189S) from 1960 to 2022 about Canada, retail trade, sales, and retail.
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Market Size statistics on the Supermarkets & Grocery Stores industry in Canada
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Sporting goods stores withstood challenges from intense competition, while sales of bicycles, camping equipment, exercise and fitness equipment, apparel and footwear have climbed. The industry withstood the pandemic, rebounding because of strong per capita disposable income growth and renewed interest in pursuing athletic hobbies. Nonetheless, the pandemic contributed to a challenging retail environment that boosted competition from discount department stores and e-commerce sites, which can offer consumers lower prices and a wider variety of goods. The popularity of online shopping exploded, reshaping the wider retail sector. Revenue for sporting goods stores is expected to climb at a CAGR of 0.4% to $11.2 billion through the end of 2025, including growth of 1.6% in 2025. The retail environment has become cluttered and growing competition has created difficult operating conditions for brick-and-mortar sporting goods stores. Viral ad campaigns on Instagram and TikTok have created influencers who sell products directly to customers. In 2025, 59.0% of Americans now prefer shopping online. Some sporting goods stores have closed underperforming locations to focus on more profitable locations. Retailers have also focused on expanding their selection of in-demand products like athleisure wear and designer sneakers. Even as stores have maintained their niche among equipment-intensive sports because consumers prefer to see products in person, the popularity of specialized goods stores has been overshadowed by the hike in competitive pressures. Unsurprisingly, profitability across the industry has diminished. Sporting goods stores will exhibit moderate growth as the economy improves and consumers increasingly emphasize maintaining their physical at all ages. Consumer confidence is expected to expand with an uptick in per capita disposable income. Retail stores will continue to turn to luxury and specialized athletic apparel and equipment alongside a boost in health consciousness, especially for high-income consumers with higher disposable income to burn. Retailers will continue to spend lavishly on ad campaigns to attract buyers, as the worldwide advertising expenditure for retailers topped $150.0 billion in 2024. Department stores and online retailers will remain a constant threat and prevent retail stores from better capitalizing on Canada's sports spending. Revenue is expected to expand at a CAGR of 1.5% to $12.1 billion through the end of 2030.
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Retail Sales in Canada decreased 1.10 percent in May of 2025 over the previous month. This dataset provides - Canada Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.