Canadian Retail Sales Climb 0.6% in June on Merchandise Gains

A reversal may be looming in July, but Canadian retailers closed out June on solid footing, with sales advancing 0.6% to $74.3 billion. Early data points to much of that momentum unwinding the following month. Seven of nine subsectors posted higher sales in June. Leading the pack were general merchandise retailers, up 2.7% in a […] The post Canadian Retail Sales Climb 0.6% in June on Merchandise…