electronics products and parts fell 2.8%
According to Statistics Canada data, Canada (2011), December retail sales of $ 38.6 billion, down 0.2 percent.
3.4% decline in the sale of part of product category, sporting goods, books and music, and general merchandise fell 1.1 percent, consumer electronics products and parts fell 2.8 percent and clothing products fell 0.8%.
Industry experts said that Canadian retailers face price pressure in the United States, only to continue to expand the discount rate to reduce the profit to the dilemma.
For example, Sears, Canada, the Canadian department store chain giant quarter retail sales fell about 7.6 percent, just cut more than 5 thousands of commodity prices in early 2012, a decline of up to 30%, that is to take the low price strategy to attract Canadian consumers.
In addition, the company also faced with Walmart in the fierce competition of the large retail chain stores and discount retail giant Target Corp. is about to enter the Canadian challenge.
Industry experts said that the Canadian dollar continues to go Young, and the Canadian retail market, war clouds hanging over the forecast the next year, Canadian retailers will face more severe challenges for Canadian retailers just experienced financial turmoil, the need to once again put to the test .
