News

Canadian Tire announces major expansion of appliance business

BY Ken Clark

Canadian Tire is making a strong push into major appliances.

The 1,200-store Canadian chain now offers Inglis refrigerators, washers, dryers, dishwashers and cooking ranges, as well as Amana freezers and microwaves at its stores across the country.

The expansion into appliances follows an 11-store test last year. 

"Canadians turn to Canadian Tire for high-quality small appliances, and we’re now very excited to be partnering with Inglis and Amana to offer quality home appliances at great value," said T.J. Flood, VP merchandising of Canadian Tire.

Toronto-based Canadian Tire introduced major appliances at 11 stores in British Columbia and Ontario last year. "The current expansion is a direct result of the positive feedback from customers who appreciated the diverse assortment at those stores," Flood said.

From July 1 to July 28, the retailer is offering customers several promotions, including discounts of up to $150 off as well as bonus cards to be used on future purchases of select appliances.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Consumer confidence slips again

BY Ken Clark

The Conference Board Consumer Confidence Index, which had declined in May, decreased again in June. The Index now stands at 58.5 (1985=100), down from 61.7 in May. The Present Situation Index decreased to 37.6 from 39.3. The Expectations Index declined to 72.4 from 76.7 last month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by The Nielsen Co., a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for June’s preliminary results was June 16, 2011.

Lynn Franco, director of The Conference Board Consumer Research Center, said: “This month’s decline in consumer confidence was driven by a less favorable assessment of current conditions and continued pessimism about the short-term outlook. Consumers rated both current business and labor market conditions less favorably than in May, and fewer consumers than last month foresee conditions improving over the next six months. Inflation fears eased considerably in June, but concerns about income prospects increased. Given the combination of uneasiness about the economic outlook and future earnings, consumers are likely to continue weighing their spending decisions quite carefully.”

Consumers’ appraisal of present conditions was less favorable than in May. Those claiming business conditions are “good” remained the same at 14.3%, while those claiming business conditions are “bad” increased to 38% from 37.2%. Consumers’ assessment of the job market was also less favorable. Those stating jobs are “hard to get” increased to 43.8% from 43.5%, while those stating jobs are “plentiful” decreased to 5.2% from 5.7%.

Consumers’ short-term outlook, which had weakened in May, declined further in June. The proportion of consumers expecting business conditions to improve over the next six months declined to 16.4% from 17.2%.  However, those anticipating business conditions will worsen decreased to 14.7% from 15.4%.

Consumers remained pessimistic about the outlook for the job market over the next six months. Those anticipating more jobs in the months ahead declined to 14.2% from 16.7%, while those expecting fewer jobs remained unchanged at 20.3%. The proportion of consumers anticipating an increase in their incomes declined to 13.9% from 14.9%. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Home prices rise in Case-Shiller Index

BY Brae Canlen

The S&P/Case-Shiller Index, a closely watched indicator for the new housing market, has reported a monthly increase in prices for its 10- and 20-city composites for the first time in eight months. The composites were up 0.8% and 0.7%, respectively, in April versus March.

However, both indices are lower than a year ago, with the 10-city composite down 3.1% and the 20-city composite off 4.0% from its April 2010 levels.

Six of the 20 MSAs tracked by Case-Shiller showed new index lows in April — Charlotte, Chicago, Detroit, Las Vegas, Miami and Tampa. Thirteen of the cities and both composites posted positive monthly changes. 

“In a welcome shift from recent months, this month is better than last [because] April’s numbers beat March,” said David Blitzer, chairman of the Index Committee at S&P Indices. “However, the seasonally adjusted numbers show that much of the improvement reflects the beginning of the spring-summer home-buying season. It is much too early to tell if this is a turning point or simply due to some warmer weather.”

keyboard_arrow_downCOMMENTS

Leave a Reply

e.wang says:
Apr-13-2012 12:40 pm

Get the very best Boys
Get the very best Boys Baseball CapsLow-priced New Era 59Fifty available MLB Houston Astros black wholesale New Era 59fifty Low-cost Hats Wholesale, New Period Hats, Baseball Caps and Snapback hats wholesaler - $9.fifty It truly is correct that choosing on the proper sort of boys whoelsale new era hats could be a situation, in case you are prepared to decide on a cap that's produced with higher prime top quality supplies. You honestly really should commonly get a really great best good quality Arizona Cardinals Hats , that is lengthy long lasting and prolonged long lasting as correctly. Youngsters enhance even more easily. For that purpose, it can be recommended to seek out a cap which will be utilized to get a extended time time frame. You should not favor to get a fitted Atlanta Falcons Hats as a result of reality it's going to not possess a dimension adjustable baseball caps children. You should quite often choose on from baseball Baltimore Ravens Hats that could have an adjuster that may be created with all the support of canvas strip. As of late, clasps also are a regular type of adjuster that is certainly used to produce distinct boysnew period Buffalo Bills Hats These adjusters will permit you to lessen and enhance the dimension with the Carolina Panthers Hats , that will rely in your skull growth. When the cap is shorter then your skull then it truly is unpleasant to make use of this kind of placing on prospects. You must understand that most snap cap would possess a plastic band. Make specific the fringe of plastic band is sleek. In situation, the plastic band is just not mounted efficiently Chicago Bears Hats then it may damage. A number of canvas strips usually are not lengthy long lasting. They are going to have notable problems, in situation that you are intrigued to change the dimensions with the Cincinnati Bengals Hats , every time when it's used. Pick the proper one for you personally. You can find distinctive Cleveland Browns Hats options that can permit you to obtain excellent fine high quality boys baseball caps inside a much better way. Suitable right here are some recommendations which will help you to acquire the ideal nhl retailer Denver Broncos Hats which you want.For anybody who is able to obtain boys capsin bulk then you may method a wholesaler. Acquiring caps using the help of wholesaler will allow you to acquire countless getting choices, that are pretty priced. Finding the sites which are based mostly over the World Wide Web will not be a unwanted concept as adequately. You are able to visit several web pages that can help you to obtain the quite preferred variety of Denver Broncos Hats that you just are seeking to invest in. Alternatively, you'll be able to have a look at the Green Bay Packers Hats closest buying malls as properly. The majority of the getting malls might be worried inside the organization Houston Texans Hats of advertising and marketing snapback hat that you simply require. The majority of the companies who're ready to distribute boys baseballs caps must want to visit a wholesaler. This can allow them to acquire a reasonably offer you. Bulk buying will be the incredibly greatest solution to purchase caps in a much less pricey Indianapolis Colts Hats charge. It is actually a good idea to low cost in regards to the cost tag of Jacksonville Jaguars Hats with all the wholesale, in acquire to assist conserve significantly a lot more sum of money. Searching internet dependent website is consistently a hassle-free way. Together with the assist of technological innovation, you might be able to purchase Kansas City Chiefs Hats within your convenience and relieve zone. Even so, you honestly need to take into consideration the dimension before you acquire for hat retailer over online purchasing internet internet sites. In situation, that you are inclined to possess new period Miami Dolphins Hats on urgent basis then you're able to ponder exploring closest getting malls. Diverse sporting stores will enable you to to buy the best kind of cap that you just want.Right here may be the choice of hat types, graphfuics, colours, and fonts to produce your hat the ideal type for you personally. Store our Primary Minnesota Vikings Hats Styles to get a speedy custom made style or choose your time and effort and produce New England Patriots Hats your personal style that is definitely as exclusive while you. No matter if you happen to be making a New Orleans Saints Hats to get a business outing, tiny league group, or perhaps a unique event; LIDS has an limitless quantity of style choices. Produce your personal customized New York Giants Hats now and Be Unique; Be Distinctive; Be you; and display your type having a New York Jets Hats you developed at flytoshooping.com! These new Classic Retro Snapbacks caps are very hot! Sports activities supporters and collectors are shopping for these caps. The caps really are a flatback Oakland Raiders Hats having a adjustable Philadelphia Eagles Hats plastic again. The Retro logos Pittsburgh Steelers Hats and colours are what make this stick out. They are one particular San Diego Chargers Hats dimension matches all caps. We're providing San Francisco 49ers these on the wholesale foundation Seattle Seahawks Hats to our clients. New Period could be the unique producer NEFF Snapback Caps and marketer from the new period stylist cap put on by each and every Main League Baseball Obey Snapback Hats group and their small league affiliates, and maintains agreements. Flytoshooping Tisa NCAA Snapback Caps .com could be the webpage of the firm which has been in company YMCMB Snapback Hats inside the Chinese market place for approximately couple of many years. We're hats produce in china, Our firm specialise in providing new period hats, monster power hats, dc footwear hats, We spend interest to our merchandise high quality and repair. NFL Snapback Caps are our enthusiasm. And we are happy to possess the biggest choice of genuine New Period MLB Snapback Caps and trucker hats on the market inside the United kingdom, mainland Europe NHL Snapback Caps and past. So if it is major rig stylish, 'Authentic' or the most recent celeb appear, you have occur for the correct location, we have received the baseball cap for you personally. Light-weight Aviator sun shades are embellished with darted steel grommets and safe light-weight temples whereas delivering a sporty aesthetic Tisa Snapback Caps to several of the coolest sun shades in background. The flat edged metallic temples completed with plastic finish suggestions really are a unique attribute on this Ray-Ban Aviator. The semi-rimless Ray-Ban Aviator sun shades are available in mirrored and polarized design Kids Cartoon Snapback choices. Excellent for each males and girls who gravitate towards this iconic form of sun shades which match effectively on all faces. The Ray-Ban RB3449 sun shades arrive completed using a Ray-Ban signature emblem around the lens in the sun shades as well as a Ray-Ban signature within the facet in the temple. "it is released by http://www.newerahats-sales.com 2012.04.13"

l.420 says:
Mar-18-2012 03:28 pm

Sometimes it is very hard to
Sometimes it is very hard to find good content on this topic. But your blog is my way to desired information, my problem is solved now. Thanks for posting something worth reading. Family Law Attorneys in Phoenix

d.420 says:
Mar-17-2012 10:42 am

Sometimes it is very hard to
Sometimes it is very hard to find good content on this topic. But your blog is my way to desired information, my problem is solved now. Thanks for posting something worth reading. Manufactured homes New York

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?