Main Menu
Home
In the News
Special Contributors
Special Report - Bedding
Sponsors
Events Calendar
Classifieds
Advertising
Contact HGO
Home
follow-on-twitter
Merchandiser Summer 2014
Merchandiser Spring 2014
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
Big ticket stores post year-over-year sales gains in February PDF Print E-mail
Written by Michael J. Knell   

OTTAWA (01 May 2012) - All three categories of big ticket home stores posted sales gains on a year-over-year basis in February, although they fell over the prior month, the latest figures from Statistics Canada reveal.

The federal bean counter preliminarily tagged furniture stores sales for February 2012 at $666.9 million, down 8.5% from the revised tally of $728.5 million for January. However, it's up 5.6% from the $650.1 million rung-up in February 2011.

For the year-to-date, furniture store sales were up 3.0% to $1.4 billion.

Home furnishings stores - which sell everything from floor covering to wall and window treatments, lamps, lighting and decorative accessories - had preliminary sales of $386.6 million in February. While that's 3.6% off the revised $401.2 million sold in January, it's a 2.6% gain over the $348.0 million sold in February 2011.

These merchants earned year-to-date sales of $787.9 million, a gain of 3.0% over the comparable period of 2011.

Electronics and appliance stores sales were preliminarily set at $966.6 million for February, tanking 8.5% from the revised tally of $1.06 billion sold in January. However, it's a modest 1.1% gain over the $956.0 million sold in February last year.

Year-to-date sales were flat at $2.02 billion.

Overall retail store sales gained 5.2% in February on a year-year basis, with categories such as clothing stores turning in strong performances. However, gas station sales were up 9.6% and automotive dealers were up 14.9%. However, more than one observer noted that if price increases are discounted, retail sales actually climbed less than 1%.

This prompted Douglas Porter, deputy chief economist at BMO Nesbitt Burns, to remark in a note to clients: "Retail sales have seen precisely no net growth since the start of the year. While confidence and jobs have firmed recently, the consumer is in a cautious frame of mind. High debt loads, high gas prices, and the prospect of higher interest rates suggest that caution will persist."

<Previous   Next>
Banner
Banner

 

 .

Picture of the Day
Cantrex-golf-presentation (1)

Some 145 people from across the industry took part in Cantrex Nationwide’s annual charity golf classic recently. This year, some $10,000 was raised to benefit the ‘Take the Kids to Camp’ initiative of the Salvation Army. Here, Lt. Col. Sandra Rice (left), commander of the Ontario Central East division is accepting a cheque from CNW chief operating officer Jeannine Ghaleb and Jim Mahoney, vice president of photography and consumer electronics.


 

 

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

View Full Calendar