CANADA: Department Store Sales Drop In November
Department store sales in Canada are reported to have reached a seasonally adjusted figure of $1.5bn (US$1bn) for November, a decrease of 3.1 per cent from October. The drop in sales is a disappointment to retailers who saw a 4.4 per cent increase in sales during October. However, cumulative year-to-date store sales for the first 11 months of 2000 reached $16.7bn (US$11.1bn), an increase of 0.8 per cent on the corresponding period last year.
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