P.E.I. retail sales have largely recovered from pandemic dip - Action News
Home WebMail Friday, November 22, 2024, 01:30 PM | Calgary | -10.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
PEI

P.E.I. retail sales have largely recovered from pandemic dip

October sales figures released Friday morning by Statistics Canada suggest the retail industry on P.E.I. is back on the growth trend it was showing before the pandemic started.

Clothing and gasoline sales still suffering; furniture sales strong

HAKI Apparel and Accessories in Charlottetown has been open for only two months, and manager Haley Ha says they have had to market aggressively through Facebook (shown in illustration) and Instagram to convince buyers to take a look at their wares. ((Facebook))

October sales figures released Friday morning by Statistics Canada suggest the retail industry on P.E.I. is back on the growth trend it was showingbefore the COVID-19 pandemic started.

But the recovery still varies widely from sector to sector.

The retail recovery began on the Island in June, and comparing the five months from June to October in 2019 and 2020 shows a 4.3-per-cent increase in sales this year.

Clothing and gasoline are the only two sectors showing sales down for that period, with gas down 16.5 per cent and clothing off 15.5 per cent.

Furniture sales have shown the biggest growth, up 18.6 per cent for that five-month period.

Haley Ha manages Haki Apparel and Accessories and Do Furniture, both in downtown Charlottetown, so she has seen both sides of the retail story on P.E.I.

"There was a lot of people buying furniture in July, August and September there were so many people," she said.

"We sold out of all of our bed frames. We tried to get more in but because of COVID there was a lot of back orders with the manufacturer and they couldn't fill our order."

But on the clothing end of things, Hakihas been challenged since opening two months ago. Ha said they have heavily marketed the store on Facebook and Instagram, and are starting to see some payoff.

She understands why sales ofclothing are down this year, though.

"I noticed it from my own behaviour as well. I don't shop as often," she said.

"When the pandemic happened, you would be worried about savings ...I guess people splurged less on stuff."

More from CBC P.E.I.