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Greenland Mines (GRML) Stock Soars 22% on $42M Capital Raise
Cybersecurity Stocks Are So Hot Investors Question Staying Power
European Stocks Erase Losses as Energy Outperforms on Oil Gains
U.S. Markets Anticipate Key Economic Indicators and Trade Developments
Why is Arm stock sliding today?
IBM Integrates Digital Asset Platform with Swift's Shared Ledger
U.S. President Trump Hosts Chinese President Xi Jinping at the White House
AI Trade a Key Concern as Stock Investors Map Election Risks
Big Take: Why Everyone Is Talking About High Diesel Prices
USD/CHF Reaches Highest Level Since May 2025 Following Swiss National Bank Decision
Sarb hikes rates 25bp, citing persistent global supply shock
JPMorgan Upgrades CoreWeave (CRWV) Stock With $125 Price Target on Pricing Strength
US long-term borrowing costs touch highest level since 2004
Federal Reserve Official Emphasizes Central Banks' Role in Price Stability
Deloitte’s tech consulting arm curbs global revenue growth
Isabel Schnabel to leave ECB early to join IMF
US Stocks Extend Drop as Oil Rises, Stoking Rate-Hike Bets
Oracle Shares Decline Following Force Majeure Notice to Data Center Developer
Federal Reserve Official Reports Stability in Labor Market Amid Slow Job Growth
Europe’s Diesel Prices Race Ahead of US on Export-Ban Risks
US current account deficit widens sharply in second quarter
Fed’s Hammack warns inflation pressures remain tilted to upside
Brazil widens 2026 primary deficit forecast to $15.61 billion
Oracle (ORCL) Stock Slides 4% Amid Project Jupiter Data Center Payment Clash
H&M (HMb) Stock Declines Despite Strong Q3 Earnings on Sluggish Sales Forecast
Argentina LNG: ExIm ofrece US$6.000 millones al proyecto de YPF
Stocks Drop as Oil Rally Fuels Treasury Volatility: Markets Wrap
Quenching the World’s Biofuels Thirst Could Require a Montana-Size Chunk of Land
Axya Raises $12 Million to Expand AI Procurement Platform
Schnabel Set to Leave ECB Board Early for Senior Job at IMF
Court Ruling Restricts Access for Some CNN Staff at the White House
BCA Research Predicts Continued Growth for S&P 500 Amid Federal Reserve Rate Hikes
Why is Oracle stock sliding today?
Why is Blue Owl Capital stock sliding today?
Bank of America Increases U.S. 10-Year Treasury Yield Forecast to 5%
Citigroup Sets Up Paramount Loan Calls as Banks Prepare to Sell Debt
Crux Analytics Secures $2.2 Million in Seed Funding
European Central Bank's Isabel Schnabel to Resign for IMF Position
Five is the magic number for US Treasuries
Judge orders White House to restore banned news outlets’ access
Space: the final frontline
US Chose ‘High’ Financial-Risk Firm for Air Traffic Revamp
The Clearing House Partners with Quant for Tokenised Deposit Network
Federal Reserve Official Highlights Upside Risks of Inflation
Oracle Invokes Force Majeure on New Mexico Data Center Project
Some journalists still barred from White House after judge blocks Trump’s ban
SK Hynix (SKHY) Stock Jumps on Wolfe Research’s Upgraded $250 Price Target
Starbucks (SBUX) Stock Dips Following Announcement of 250 Store Closures and 900 Layoffs
Brooklyn Fraudster Gets 12 Years for $16M Coinbase Phishing Scam
Canada Retail Sales Recover Following First Fall of Year in July
Saudis Surge Oil Exports to War-Time Peak on Hormuz Ramp Up
Carney’s 15% Trans Mountain Offer to Canada’s Indigenous Leaders Draws Criticism
Hochul Warns New York Residents of Flooding From Weekend Storm
Stifel names two top picks in UK housebuilders amid Japanese takeover interest
Wednesday’s insider activity: Major buys at CapsoVision and sells at Diamondback
Canada retail sales slide in July, raising fresh concerns over consumer strength
Canada Goose Is Ensnared in Trump’s Tariff War With Canada
FDA Nominee to Face Senators Frustrated by US Vaccine Policies
Donald Trump and Xi Jinping extend trade truce to January
Europe’s biggest stainless steelmaker finds new way to extract critical metal
U.S. Jobless Claims Slid Further Last Week
Amazon to Expand Robot-Making Capacity With New, $100-Million Indiana Hub
Cathie Wood Tokenizes $1.3 Billion Venture Fund to Trade 24/7
Square Empowers Sellers to Control Presence Across Apple Apps
The Clearing House Taps Quant to Power Tokenized Deposits Network
Amazon Brings Walmart Orders Into Seller Central
Canada Retail Sales Set to Rebound After Falling in July
Streamex Secures $1 Million Institutional Investment for Tokenized Gold Strategy
U.S. Administration Considers Voluntary Diesel Export Cuts Amid Market Volatility
Canada's Retail Sales Decline Less Than Expected in July
Canadian retail sales experienced a slight decline of 0.7% in July, a decrease that was less severe than the anticipated 0.8%. According to Statistics Canada, the total sales amounted to C$73.7 billion, following a 0.6% increase in June. The report indicated that sales fell in eight out of nine subsectors, highlighting a broader trend of reduced consumer spending.
Excluding automobiles, retail sales also dropped by 0.7%, compared to an expected decline of 0.5%. Core retail sales, which exclude both autos and gasoline, mirrored this trend with a 0.7% decrease after a 1.2% rise in June. The volume of sales saw a more significant decline of 1.1%, suggesting that consumers purchased fewer goods rather than simply facing lower prices.
Ontario recorded the largest provincial decline in dollar terms, with a 2.0% drop, while Alberta saw a 1.4% increase. Retail e-commerce sales fell by 3.5%, accounting for 7.5% of total retail trade, down from 7.7% in June. Despite the overall decline, an early estimate for August indicates a potential rebound of 1.3%, based on responses from 57.8% of surveyed companies, although this figure is subject to revision.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News