Economy Tops the List
The economy topped the list of issues retailers
were concerned about in September, with 17%
of retailers noting this as a concern. The
percentage was highest in Atlantic Canada at
21% and lowest in western Canada at 15%.
Increasing operating costs
Slowing retail sales
THE IMPACT OF
RISING ENERGY COSTS
Wholesalers are Raising Prices
Most (78%) retailers have experienced price
increases from suppliers in the past year as a
result of higher energy costs. The majority –
43% – report increases between 6% and 10%.
Price Increases in the Past Year
price increase ranges
5% & under
Between 6% & 10%
More than 10%
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8 MARKETPULSE WWW.CGTA.ORG
Retailers Passing Along “Some”
of the Costs
The majority of retailers (59%) are passing along
“some” of these increased costs to consumers in
the form of higher prices, while 41% say they are
passing along “all” of the costs.
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© The Canadian Gift & Tableware Association (CGTA), 2008. The contents of this
publication are the property of the copyright owner. Reproduction or use of the
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written consent of the copyright owner.
DISCLAIMER: Retail News and the Canadian Gift & Tableware Association
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