For the second year in a row, shoes topped the list of the most frequently returned items between January 2 and January 7, followed by purchases made at jewellery and department stores."Despite a slowdown in consumer spending during the fourth quarter, 2012 proved to be another profitable year for retailers across Canada," said Jim Baumgartner, President and CEO, Moneris Solutions. "The holiday period was particularly successful for many Canadian merchants, especially on Christmas Eve and during Boxing Week. Given current trends, we anticipate growth will continue into 2013."
Q4 2012: Canadian Consumer Spending Continued To Grow
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