Sales at Quebec hardware stores remain modest but some retailers are gearing up for a big change, La Presse reports. BMR Group is upgrading its DC in Boucherville, on Montreal’s South Shore, while Canac has begun work on a new one in Drummondville.
“We’re already feeling a slight boost from the recent interest rate cuts, which seem to have spurred an appetite for some residential projects to take off again,” Patrick Delisle, Canac’s marketing director, told the newspaper.
Richard Darveau, president of the Quebec industry association AQMAT, said that as the need for housing stock grows, hardware retailers can rightly expect sales to rise. Those eyeing plans for growth, he suggested, “want to stay one step ahead of the competition.”