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A survey of Canadian buying intentions.
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LVM pre-registration ahead of last year, market officials say PDF Print E-mail
Written by HGO Staff   

LAS VEGAS (30 June 2011) - With only a few weeks remaining until the opening day, Las Vegas Market officials are saying their optimistic that the 2011 summer market will be strong as both hotel bookings and pre-registrations are higher than those experienced at other recent markets.

The organizers said they've already sold 80% of its hotel inventory to market attendees and the pick-up rate is outpacing the same period last year by 36%.

They are also claiming that pre-registration is tracking ahead of recent markets, with 14% more buyers pre-registered than for the winter 2010 market and they believe "significantly more" retailers and designers are planning to attend compared to last summer.

"This is certainly encouraging news for our industry and our customers. It has been a very challenging summer at retail and we are excited that buyers are apparently searching for new products and ideas at Las Vegas Market," Robert Maricich, chief executive officer of International Market Centers, parent company of  the World Market Center, said in a statement.

"It is extraordinary that so far registrations are well ahead of last year, especially at the magnitude above last summer's market. We have worked hard with our programming and buyer outreach to create a compelling reason to attend Las Vegas Market and these positive numbers are proving successful," he added.

Registration for summer 2011 edition of the Las Vegas Market is now open and discounted hotel rooms are still available online at www.lasvegasmarket.com.

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Other News
GLR big ticket sales crash in June
OTTAWA (21 August 2014) - After getting enthusiastic in May, its seems Canadian consumers decided to sit on their wallets in June as sales of furniture, mattress, major appliances, televisions and home furnishings sagged steeply for Statistics Canada's Group of Large Retailers (GLR) on both a month-over-month and year-to-date basis.
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Consumers can surf on IKEA's turf
BURLINGTON, Ontario (21 August 2014) - IKEA Canada will launch a free Wi-Fi service for all visitors to its stores beginning today. The service will begin in Toronto before spreading out across the country.
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BMTC Q2 earnings up 2.9% as company launches new e-commerce initiative
MONTREAL (20 August 2014) - Relatively flat sales in the second quarter were a reflection of a challenged consumer marketplace although net earnings showed solid growth for BMTC Group, Quebec's largest furniture, mattress and major appliance retailer.
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Sears Canada loss widens in Q2
TORONTO (20 August 2014) - Sears Canada continues to struggle, declaring a loss for the second quarter and first half of its current fiscal, which it attributed to severance and impairment charges as well as an unseasonably cool spring which hampered sales. Even its vital ‘home and hardlines' segment reported losing considerable ground over those six months.
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Picture of the Day
Superstyle-Studio-Line(1)

Trend-Line, part of the Superstyle group, will unveil its StudioLine collection at this year’s Toronto Summer Furniture Market, which gets underway for its usual four-day run on August 9.  Seen here is model 4735 studio sofa, which thanks to its smaller footprint and open back makes it ideal for a condo setting. Its companion chair is covered in teal linen with a dramatic leaf outline co-ordinate. Both feature tall cone legs.


 

 

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