An article in the Vancouver Sun cited B.C. retailers as starting off to a strong start to the 2015 fiscal year.
According to the report by Colliers International Consulting, Apple has been named Canada’s most productive retailer and Weston Group as the largest retailer.
- Chinese medicine and health products get trading platform in August
- Drop in retail sales brings bad news for loonie and GDP
- Germany-based Metro to expand using cyberspace
The report, Collier’s spring 2015 National Retail Report, says that B.C.’s first-quarter sales growth were nearly 8 per cent. This is preceded by a strong 2014 where sales worth $66.4 billion were reported. The figure reported by Collier exceeded its own predictions by 0.3 per cent.
Ontario, on the other hand, had sales of $172.6 billion and a 4 per cent growth rate in the first quarter, coming in second after B.C. Alberta, the third biggest retail market in 2014, came in at $78.7 billion in sales.