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Merchandiser Fall 2014
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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
September GLR big ticket sales fall
By the Numbers
Written by Michael J. Knell   
OTTAWA (22 October 2014) - After gaining some ground in August, consumers took a break in September as big ticket home sales fell on a month-over-month basis for Statistics Canada's Group of Large Retailers (GLR) for each of the five product categories, save for televisions and audio/visual equipment. Mattresses were the only category showing any significant year-over-year growth.
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HBC takes out $1.25B mortgage
Retail Scene
Written by HGO Staff   
TORONTO (24 November 2014) - North American department store giant Hudson's Bay Company (HBC) has taken out a 20-year, US$1.25 billion mortgage on the ground floor of its Saks Fifth Avenue flagship store in downtown New York City.  The funds will be used pay down debt.
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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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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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Huppé: On top being notorious

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
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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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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Picture of the Day
Brickley-Bear-2

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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