TORONTO — Lowe’s Canada opened its sixth store in the Greater Toronto Area at the end of June…
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Consolidation makes industry’s top retailers more powerful than ever
WORLD HEADQUARTERS, Toronto — Just four retailers—Home Depot Canada, Lowe’s Canada, Home Hardware Stores Ltd., and Canadian Tire Retail—account for well over half of all retail hardware and home improvement sales in the country…
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Summertime means store openings for Home Hardware
ST. JACOBS, Ont. — Home Hardware has been actively working with its dealer-members to expand and open new stores, with a number coming on stream as summer gets under way…
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Lowe’s latest store opens in Toronto’s East End
TORONTO — Lowe’s Canada opened its sixth store in Toronto, and its 45th nationwide, last Thursday. The store is one of a dozen former Target locations that Lowe’s acquired in July 2015, and reflects the company’s efforts to fit the Lowe’s footprint into a slightly smaller store size, with less than 90,000 square feet of retail…
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Federated Co-op helps bring the colour back to Fort Mac
SASKATOON — The effort to help Fort McMurray residents rebuild their homes and community has received a colourful boost from Federated Co-operatives Limited. FCL has donated 400 cans of paint to restore buildings that were damaged or are being rebuilt…
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Ace continues to add stores in Canada
WINNIPEG — Ace Canada continues to gain ground with independent dealers across the country. Two more stores have celebrated grand openings in recent weeks…
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Reno intentions down as spending rises
TORONTO ― The Canadian Imperial Bank of Commerce has reported that the housing market is in the grip of “gridlock”, with homeowners looking for new homes but hamstrung by a lack of affordable options…
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Quebec store reopens under TIMBER MART as groups vie for independents
VAUGHAN, Ont. ― Amidst a series of major upheavals to the retail landscape in Quebec, the battle for independent dealers continues unabated, the latest a move in favour of TIMBER MART Group…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Latest research on industry growth reveals resilience to retail challenges
TORONTO — Industry growth that has exceeded forecasts signals good news for the retail home improvement industry, despite a litany of factors that continue to challenge the sector…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Residential construction spending up despite lower forecasts
OTTAWA — Spending on new construction in the first four months of 2016 from Statistics Canada indicate that total investment in residential construction rose 2.1% over the first quarter of the year, to $26.1 billion…