Retailers report dismal sales
Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores Inc., one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy.
Retail sales edged up a less-than-expected 0.1 per cent to $36 billion in July as a decline in auto sales was offset by higher sales of furniture, electronics and building supplies, Statistics Canada reported Monday.