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Merchandiser Winter 2015
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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
Leon's sets earnings record
By the Numbers
Written by Michael J. Knell   
TORONTO (26 February 2015) - The acquisition of arch-rival The Brick appears to be paying off for Leon's Furniture as it reported strong sales and earnings for both the fourth quarter and the 2014 fiscal year.
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Sears Canada Q4 sales fall 17.7%
By the Numbers
Written by Michael J. Knell   
TORONTO (26 February 2015) - Sears Canada continued to lose ground as its 2014 fiscal year drew to a close with fourth quarter sales falling 17.7% even though the period straddled the Holiday Season, the single most important time of year for retailers in this country.
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Competition Bureau investigating Sears and Hudson's Bay over mattress pricing
Retail Scene
Written by Michael J. Knell   
OTTAWA (23 February 2015) - Two of this country's leading department stores are under investigation by the Competition Bureau of Canada for having promoted false discounts to their mattress prices.
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Other News
Slight uptick in sales marred by sharp earnings decline for BMTC in 2014
MONTREAL (25 February 2015) - BMTC Group, the largest full-line furniture retailer in Quebec and the third largest in Canada, enjoyed a solid uptick in sales for the fourth quarter, resulting in a modest increase for the year. But tough economic conditions in Quebec drove a subsequent downturn in net earnings.
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Easyhome sets another record for revenue and earnings in 2014
MISSISSAUGA, Ontario (20 February 2015) - Leasing and short-term consumer loan specialist Easyhome recorded new highs for both revenue and earnings during the fourth quarter and fiscal year that was 2014. While its money lending operations continued to drive growth, its core merchandise leasing business turned in a modest upswing as well.
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Growing into the third generation

FROM THE HGO MERCHANDISER

An independent furniture store is, in its own way, a living thing. To survive, it has to change. It has to adapt to changing economic conditions. It has to acknowledge changes in consumer tastes, desires, interests and paths to purchase. If it's also a family business, it has to pass on the business from one generation to the next while remaining relevant and profitable. Sometimes, it has to change its spots.

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A modest year ahead

FROM THE HGO MERCHANDISER

On New Year's Day, almost every furniture, mattress and major appliance retailer in this country took a moment or two to reflect on what his business looked like in 2014 and what it will be like in 2015. What they may not have realized is the overwhelming majority of economists and analysts have coalesced around the same thought: 2015 will be like 2014, only more so.

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Picture of the Day
Amisco-Crocus (PD05Feb15)

Amisco, the L’Islet, Quebec-headquartered metal specialist has built a strong upholstered bed collection over the past few years, including the Caruso (seen here). Its latest collection features an adjustable height mattress frame and is offered in more than 60 different fabrics.


 

 

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