Retail

QSA's Week in Retail (#4, 2025)

Wholesale sales marginally increase; Peavey Mart closure affects agricultural retail; Digital services tax impacts vendors on Amazon.

Start Date: 2025-01-25
End Date: 2025-01-31

Top Headlines

Main Stories

Wholesale Sales Marginally Increase in December

Statistics Canada released an early indicator for wholesale trade in December 2024. Excluding petroleum products and oilseeds, wholesale sales rose by 0.1%. The motor vehicle and motor vehicle parts subsector contributed to this slight increase. This data provides a glimpse into the economic activity within the wholesale sector, which can affect retail supply chains and pricing strategies.

Sources: Open Government Data Set: www.statcan.gc.ca

Peavey Mart Closure and Creditor Protection

Peavey Mart, a significant player in the agricultural retail sector, announced the closure of all its stores and has sought creditor protection. This development could disrupt supply chains and affect the availability of agricultural products across Canada. Retailers and wholesalers in related sectors may need to adjust their strategies to account for this market exit.