Canadian border sales drop
- April 18 2017 11:33 AM
Most land border stores in Canada saw a decrease in February 2017 vs 2016. This is thought to have been caused by a decrease in border traffic brought about because of uncertainty or fears over the US travel ban.
Airport stores, on the other hand, reported an increase in sales. At $35 million, February 2017 saw an increase of 4% vs February 2016, and YTD sales increased 7%.
Nationally, the overall Canadian border sales in February 2017 were $7.4 million, a 7% decrease over February last year. YTD figures show a decrease of about 6% over the same time period in 2016.
Regionally, the biggest drop was in the Pacific region, where February sales were $1.2 million, a decrease of 17% over February 2016. Jan-Feb sales 2017 fell approximately 15% over the same period in 2016.
The Atlantic/Quebec region also fared poorly YOY. The sales figure for Atlantic/Quebec for February 2017 was $1.2 million, a decrease of approximately 12% compared to February 2016. For YTD sales, Atlantic and Quebec regions reached $2.6 million, a decrease in sales of approximately 6.5% compared to Jan/ February 2016
The Ontario sales figure for February 2017 is approximately $4 million, which is a decrease of 3.25% compared to February 2016. January/ February 2017 sales for this region were $9 million – a 3% drop from the previous year.
The Prairie region suffered the least losses YOY. February 2017 sales were approximately $532,000, a decrease of about 1%. Sales equal $1 million YTD, with a decrease compared to Jan/ February 2016 of approx. 2.8%
Top categories at land border stores based on February 2017 figures
1. Alcohol (liquor, liqueur, wine, coolers)
2. Tobacco, Cigars, Loose Tobacco
3. Perfume, Cosmetics, Skincare
5. Beer (beer, malt-based coolers)
6. Jewelry, Watches, Clocks
7. Accessories (purses, wallets, sunglasses, etc.)
8, Clothing (including hats, fur, leather)
10. Office and Travel Supplies
11. Glassware, crystal, china, figurines, porcelain
14. Electronics, Cameras, Binoculars, etc.