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Today's Top Stories
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By the Numbers
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Written by HGO Staff
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OTTAWA (08 February 2010) - The seasonally adjusted annual rate of housing starts reached 186,300 units in January 2010, the highest rate seen over the past 15 months, according to the latest figures published by Canada Mortgage & Housing Corporation (CMHC). |
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Retail Scene
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Written by HGO Staff
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MONTREAL (08 February 2010) - Cantrex has signed up eight new members including three in its furniture, bedding and appliance division; another three in electronics and photography and two for its floor covering division. |
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By the Numbers
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Written by HGO Staff
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OTTAWA (08 February 2010) - Housing re-sales are expected to remain robust throughout the first half of 2010 but will moderate during the second half and into 2011 thanks to rising interest rates, the implementation of the Harmonized Sales Tax in Ontario and British Columbia as well as the exhaustion of any residual pent-up demand, according to the latest forecast from the Canadian Real Estate Association (CREA). |
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Other News |
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MARKHAM, Ontario (04 February 2010) - Caber Distributors Inc. has acquired slip cover specialist Sure Fit Home Furnishings. The new company will be called Caber Sure Fit Inc. |
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Brick Group names veteran retailer to the new post of president of business support |
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EDMONTON (04 February 2010) - Veteran retail executive Violet Konkle has been named president of business support for The Brick Group, a new role for Canada's largest full-line furniture retailer. |
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IKEA unveils Never Ending List program |
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BURLINGTON, Ontario (03 February 2010) - IKEA Canada is launching a new sustainability program, The Never Ending List, that outlines the home furnishings giant's commitment to taking social and environmental responsibility towards its customers, co-workers and suppliers. IKEA has a long standing history of environmental leadership and has now developed this branded platform to be better able to communicate this ongoing commitment. |
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British luxury mattress maker ViSpring enters North American market |
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DDMONTON (04 February 2010) - British high-end mattress maker Vi-Spring has entered the North America market, opening six high-end independent retail accounts in Canada and another in Chicago, while naming industry veteran Terence Bachor its director of North American operations. |
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HGO This Week Newsletter:
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Picture of the Day |
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 The British high-end luxury mattress maker Vi-Spring has entered the North American market, offering a seven-model collection through six independent Canadian retailers and one in the U.S. Seen here is Magnificence which is upholstered with 3 oz per square foot blended lambs wool and cotton then 5.4 oz per square foot of hand-teased long-stranded black horsehair, lambs wool, mohair and cashmere, enclosed in a hair proof cambric cover and overlaid with 3.9 oz per square foot of lambs wool and cotton. It is then covered in the customer’s choice of Belgian ticking. Each unit is hand-made to order. |
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