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Mattress sales climb for GLR in April PDF Print E-mail
Written by HGO Staff   

OTTAWA (21 June 2012) - Mattress sales continued to climb for the group of large retailers (GLR) in April on both a month-over-month and year-over-year basis, according to the latest figures from Statistics Canada. Home furnishing sales also showed improvements on both counts, however furniture and major appliances began demonstrating weakness.

The federal bean counter preliminarily tagged GLR furniture sales at $193.4 million in April, a modest improvement over the revised $190.4 million for March but 4.3% off the $202.0 million sold in April 2011.

For the year-to-date, furniture sales were $770.0 million, essentially unchanged from the four months ending April 30, 2011.

Although mattress sales for the GLR fell ever-so-slightly in April to $56.5 million, compared to $56.9 million in March, they climbed 2.2% from the $55.3 million rung-up for April 2011.

For the four months ending April 30, mattress sales totaled $232.9 million, a gain of 11.4% over the $208.9 million sold in the same period last year.

Major appliance sales had modest gains in April over the prior month. Statistics Canada preliminarily set them to $150.6 million, just slightly higher than the revised $149.0 million for March. However, they were down 6.1% from the $161.5 million sold in April 2011.

For the year-to-date, sales were $550.5 million, a 15.8% decline from the $559.3 million sold in the first four months of 2011.

Home furnishings sales - which cover everything from floor covering to lamps and lighting, decorative accessories and wall art - totaled a preliminary $210.2 million, down from the revised $215.4 million in March and off 1.0% from the 212.3 million rung-up in April 2011.

For the year-to-date ending April 30, collective sales of home furnishings for the GLR were $837.4 million, a 27.3% gain over the $815.2 million for the same period last year. This category started off with a bang. Subsequent months haven't yet met the pace set in January, suggesting sales will continue to moderate as the year progresses.

Also taking a big hit in April was the television and audio/visual equipment category. GLR sales in April were $179.8 million, down substantially from the $190.0 million sold during the prior month and a drop of 12.2% from the $204.9 million rung-up in category in April 2011.

For the year-to-date, TV and A/V sales were $785.9 million, a drop of 13.8% form the comparable period's $911.9 million.

While the dollar volumes for the group are preliminary estimates, they are unadjusted for seasonality or other factors.

In addition to its monthly report on retail store sales and its quarterly report on retail sales by commodity, Statistics Canada also reports on sales by commodity for what is termed as its group of large retailers. These are companies that, for the most part, have stores across the country or are dominant players in their home province.

For the big ticket home category - including furniture, mattresses, home furnishings, appliances and consumer electronics - the group of large retailers includes: the Brick Group; the Sony Store; Leon's Furniture; InterTan Canada, operators of The Source; IKEA Canada; BMTC Group; and, Best Buy Canada, operators of Best Buy and Future Shop well as the Calgary-based, 27-unit CE specialist Visions Electronics, among others.

Several of this country's largest general merchandise store operators with active big ticket home goods sales are also included. Among these are: Hudson's Bay Company (HBC); Sears Canada; Wal-Mart Canada; and, Canadian Tire Corp., among others.

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Picture of the Day
CNW Salvation donation (PD30Jul15)

Some 120 people from across the industry took part in the recent annual golf tournament hosted by Cantrex Nationwide at the Copper Creek Golf Course in Kleinberg, Ontario, just north of Toronto. As has become its usual practise the event benefits a local charity, in this case the Salvation Army. At right, Jeannine Ghaleb, CNW’s president and COO is seen presenting a cheque for $10,000 to the army’s Captain Rick Zelinsky.



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