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Canada Counts
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A survey of Canadian buying intentions.
Purchase Report

 

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Today's Top Stories
Sears Canada loss widens as third quarter sales fall 15%
By the Numbers
Written by Michael J. Knell   
TORONTO (19 November 2014) - Sears Canada continues to struggle in an ever more competitive retail market place, reporting its 10th loss in 15 quarters, suggesting the turn-around plan it announced just over two years ago isn't gaining traction. There are also signs it is also losing ground as one of this country's furniture, mattress and major appliance juggernauts.
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Huppé: On top being notorious
Furniture Scene
Written by Ashley Newport   

FROM THE HGO MERCHANDISER

Like many furniture companies, Huppé has been around for a long time - since 1967, to be exact. Like many of its counterparts and competitors, it started as a small family-run operation. It was founded by Raymond Hamel and his brothers Aurèle and Sylvio and initially specialised in cedar chests. As the years went on, the company outgrew Aurèle's basement and a barn before acquiring a bigger facility, more product offerings and country-wide distribution.

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23 resources expected to participate in first Toronto Winter Furniture Show
Market Reports
Written by Michael J. Knell   
TORONTO (18 November 2014) - Some 23 furniture resources are expected to participate in the first-ever Toronto Winter Furniture Show (TWFS) when it opens for its four-day run on January 24.
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Other News
The Brick sets out to raise $100,000 for the Children's Miracle Network
EDMONTON (17 November 2014) - The Brick wants to raise $100,000 for the Children's Miracle Network in Canada and has introduced a teddy bear into its product assortment, a first for the high impact promoter, to lead the effort.
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Resale market higher in October
OTTAWA (18 November 2014) - Home sales rose a gentle 0.7% on a month-over-basis in October, according to the latest figures from the Canadian Real Estate Association (CREA), although most activity remains centred on Toronto, Calgary and Vancouver. Across the rest of the country, the housing market appears more subdued.
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Sears Canada to review credit card program
TORONTO (17 November 2014) - JP Morgan Chase Bank N.A. announced today its agreement with Sears Canada to provide and service its Sears Card and Sears MasterCard credit card programs will terminate in a year's time.
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Leon's 3Q profits up 23%
TORONTO (17 November 2014) - Despite a generally lacklustre retail environment and a decidedly modest growth in sales, Leon's Furniture said profits for the third quarter increased 23% on a per share basis, driven mostly by its acquisition of arch-rival The Brick in March 2013.
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Picture of the Day
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Jim Caldwell (far right), president of The Brick, kicks-off the retailer’s campaign to raise some $100,000 for Children’s Miracle Network hospitals in Canada. The campaign, which ends in February, is centred on the sales of Brickley Bear (left), a new stuffed toy created by Gund. Click here to read our full report.


 

 

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