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Author
The Associated Press
Date
April 7, 2014

At a glance: Retailing in Canada, US

Major U.S. retailers like Sears and Wal-Mart entered Canada in the 1990s, but momentum increased following the Great Recession as the Canadian economy was hurt less by the financial meltdown.

Here are the nuts and bolts of the Canadian retail landscape and the financial health of the consumer in comparison to its neighbor:

—Total retail rales for 2013 (excluding sales from autos, gas stations and restaurants):

U.S.: $3.11 trillion

Canada: $316.3 billion

— Mall space per capita:

U.S.: 24 square feet

Canada: 15 square feet

— Mall sales for non-anchor tenants:

U.S.: $467 per square foot

Canada: $552 per square foot

— Peak unemployment rate during Great Recession, according to analysis of employment data by Elizabeth Crofoot, senior economist at The Conference Board:

U.S. 10 percent, October 2009

Canada: 7.7 percent, July 2009

— Unemployment rate, January 2014:

U.S.: 6.6 percent

Canada: 6 percent

— Retail sales per household (U.S. dollars):

U.S.: $14,394

Canada, $13,014

SOURCES: Retail Council of Canada; National Retail Federation; International Council of Shopping Centers; and Colliers International, a global real estate firm.

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