Main Menu
Home
In the News
Special Contributors
Special Report - Bedding
Sponsors
Events Calendar
Classifieds
Advertising
Contact HGO
Home
follow-on-twitter
Merchandiser Spring 2014
Merchandiser Winter 2013
2014 Product Guide
Research Store

Canada Counts
CanadaCounts-Badge-Sept2012.fw
A survey of Canadian buying intentions.
Purchase Report

 

Syndicate

Please Update Your HGO Profile

BRIGHTON, Ontario (30 June 2014) – Home Goods Online wants to improve our news delivery service for everyone in Canada’s furniture, mattress, major appliance and consumer electronics industries. So, we’re not only signing on with a new service provider but we’re asking each of our readers to give us a few moments of his or her time to update their individual profile.

Doing so will not only ensure that HGO is in compliance with current federal legislation, but will strengthen our connection with you, the reader.

Click here to update your profile.  It will only take a few moments of your time.

Here at Home Goods Online, our only mission is to keep every member of Canada’s furniture, mattress, major appliance and consumer electronics industries up-to-date on issues of vital importance as well as the news everyone needs to know, regardless of your role: retailer, manufacturer, distributor/importer, sales rep or other industry professional.

Thank you for your help.

Update Your Profile Now
Durham's balancing act PDF Print E-mail
Written by Michael J. Knell   

FROM THE HGO MERCHANDISER

It's not exactly a new phenomenon, but homes are getting smaller throughout North America. Designing and making furniture for the condo market has been a common theme for the past few years. But what is new is that the shrinking living spaces most commonly associated with the trendy downtown districts of major cities from Toronto and Calgary to San Francisco and New York are moving out into the enclaves where the commuters live.

According to Dave Pinamonti, vice president of business development at Durham Furniture, the average new home under construction in North America today is 300 square feet smaller than it was just a few years ago. Meanwhile, real estate costs are skyrocketing, especially in the major cities. The average home price in the 416 Toronto area code is now an eye-popping $700,000.

Research conducted by Durham over the past few months shows the average Canadian home size has dropped from 2,266 square feet to 1,980 square feet. Meanwhile, the average American home size has gone from 2,700 square feet to under 2,400 square feet.

"The days of the McMansion are over," Pinamonti says. "Housing is becoming more realistic. On the U.S. side, we're moving towards the Canadian housing experience." And, he adds, the affordability issue is really coming into play with the 35-and-under demographic.

Image
The WestEnd group in Perfect Balance is contemporary and upscale in attitude. Its linear quality is expressed through its tall square legs, stretchers and metal spaces on the arched panel headboard. Other beds in this group include a transitional panel bed and a crisp open-panel headboard in either low or high profile. For the first time, Durham is offering under-bed storage as a key feature in the new collection.

These trends, along with changing consumer attitudes - most commonly described as "she wants it when she wants it, with the features she wants, delivered when she wants it, at a price she's willing to pay" school of merchandising - and furniture manufacturers are faced with a number of seemingly competing challenges.

At the upcoming High Point Market, the 113-year-old solid-wood bedroom specialist will introduce Perfect Balance, an eight-group collection it believes will meet those challenges.

Perfect Balance is Durham's first major foray into tag-order case goods and is its most comprehensive merchandising program ever. It covers all of the major style categories from contemporary to traditional, and every life stage as well...

Read our complete report, Durham's balancing act, beginning on Page 14 the Spring 2012 edition of the HGO Merchandiser. Click here to download your copy.

 

<Previous   Next>
Banner
Other News
BSH names CEO for North America
IRVINE, California (21 July 2014) - BSH Home Appliances has announced Michael Traub will leave his position as president and chief executive officer of its North American operations on August 29. He will be succeeded by Michael Steinle.
Read more...
Marrache to tell retailers ‘sweat the small stuff' at LVM seminar
BOWMANVILLE, Ontario (15 July 2014) - If independent furniture retailers want to improve sales and profit, they should learn to sweat the small stuff, particularly high-margin, cash-and-carry categories like lamps and area rugs. That's the message Canadian industry executive Albert Marrache will bring to his seminar at the upcoming summer edition of the Las Vegas Market.
Read more...
Some 45 Canadian firms to show at LVM
LAS VEGAS (15 July 2014) - Some 45 Canadian furniture, bedding and accessory resources are expected to exhibit in the upcoming summer edition of the Las Vegas Market, which will open for its usual five-day run at the World Market Center here on July 27.
Read more...
Home sales up again in July
OTTAWA (15 July 2014) - National home sales through its Multiple Listing Service (MLS) gained ground for the fifth consecutive month in June, advancing on both a month-over-month and year-over-year basis, according to the latest report from the Canadian Real Estate Association (CREA). The average sale price rose 6.9% over that in June 2013.
Read more...
Banner

 

 .

Banner
Picture of the Day
LazyBoy-Award-Bennetts (PD02Jul14)

Marlaine (far left) and Eric Bennett, owners of Bennett’s Home Furnishings are seen here accepting their award as the leading multi-store Comfort Studio dealer in North America in 2013 from Bob Ireland, vice present of La-Z-Boy Canada. Looking on (at right) are Jasmine Bennett and Tyler Steeves. Click here for our report.


 

 

Banner
 
Banner
Banner
Donald Cooper
My Turn!
HGO Merchandiser
Banner
Upcoming Events
August
Toronto Gift Show
August 10, 2014 - August 13, 2014

View Full Calendar