The forecast remains sluggish for the sales performance of the Canadian retail home improvement industry through the end of 2024. That’s the conclusion of the Hardlines Retail Report, based on proprietary data not found anywhere else. There will be a slight increase expected in 2025, as housing starts gradually pick up and interest rates keep dropping, though at a slower rate than previously anticipated.
(We will begin surveying and researching for the next Hardlines Retail Report early in 2025, for release in the summer. Meanwhile, access industry data that ranks the retail banners and groups by sales, store counts, and more when you order the 2024 Hardlines Retail Report!)
