Amazon sales grow quickest but Loblaw extends its lead in Canadian retail

An overview of sales growth forecasts among the largest retailers in Canada in 2020.

Amazon is forecast to be the quickest growing retailer in Canada this year, according to the latest data from WARC's sister company Edge by Ascential.

Among the 20 largest retailers, Amazon is expected to grow its Canadian sales value by 17.7% this year. This adds nearly C$1bn in value from 2019's level, up to C$5.5bn.

Only three other retailers in the top 20 see double-digit growth. Jim Pattison Group is expected to grow by 11.0%, while Dollarama and PharmaChoice will increase by 10.1% and 10.0% respectively.

Hudson's Bay Company fares worst, with its sales value falling by a...

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