Canadians pass on new shoes

A slip in retail sales in Canada was led by a surprising drop in demand for shoes.

Data from Statistics Canada showed sales at shoe stores fell 5.3% M/M and 6.0% Y/Y during March to mark the biggest drop in any retail subcategory.

Related stocks: CROX, DECK, WWW, SHOO, SKX, SCHL, BWS, FL, NKE.

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Comments (1)
  • User 509088
    , contributor
    Comments (1747) | Send Message
    not so surprising given the slow thaw this year. nobody wants their spring runners all dirty right away. this month should be up comparatively now that the ground is firming.
    22 May 2014, 10:54 AM Reply Like
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