Description: In December 2012, Retail sales in Canada fell by 2.1%, the largest monthly drop since April 2010.             

Source: National Post

Date: February 22 2013

Text link:  http://business.financialpost.com/2013/02/22/canadas-retail-sales-plunge-most-in-three-years/

 Questions for Discussion:

1. Which sectors saw the biggest declines?
2. In your view, what are some of the reasons for drop in retail sales?
3. Do you see the trend continuing or will the retail sales pick up again?
4. Given the decline in retail sales, what do you foresee for Target, which is opening hundreds of stores in Canada in the next few months?