MasterCard: Ecommerce Outpaces Overall Retail Activity In Canada

By  |  August 9, 2012
 | 

MasterCard’s SpendingPulse study of retail sales in Canada showed a 24.9 percent increase in eCommerce sales in the first half of 2012 relative to the prior year. Overall retail sales increased just 2.2 percent, the report says.

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    “The growth in online sales is a good indicator of how Canadian retailers are capitalizing on the shift of sales from brick and mortar locations to online sales channels,” said Michael McNamara, Vice President of Research and Analysis for MasterCard Advisors SpendingPulse, in a statement.

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