Report: consumers prefer entertaining outdoors
If the weather permits, eight out of 10 consumers prefer outdoor entertaining to indoor entertaining, according to a survey from consumer research firm NPD Group. The finding bodes well for categories such as gazebos and outdoor fireplaces.
Separately, the survey on the outdoor entertaining habits of consumers found that 84 percent of respondents said they generally enjoy entertaining outdoors. Of this group, three-fourths agreed that outdoor entertaining “feels more laid back than formal entertaining.”
These numbers, according to NPD’s Mark Delaney, director of home improvement, indicate the broad appeal of casual entertaining. “But they still want to make their outdoor space more formal by giving it an added sense of ambiance and comfort,” he said.
Respondents displayed a preference for outdoor entertaining products, with 23 percent saying they owned a fire pit or outdoor fireplace and 14 percent saying they plan to purchase one. Additionally, nearly one-third of consumers reported owning or planning to buy a gazebo or canopy, while another 14 percent either own or plan to buy an outdoor refrigerator.
“These results are significant given the widespread merchandising of gazebos only really began in the past year or two, while outdoor refrigerators may have gotten a boost in sales as wine coolers gained popularity,” said Delaney.
The majority of consumers rated retailers from good to fair when asked for overall efforts to provide a good selection of outdoor entertaining products.
“This may indicate retailers’ product selection is not entirely what they’re looking for and spells opportunity for retailers and manufacturers,” said Delaney.
The report is based on information from a survey of 966 members of the online consumer panel who purchased home improvement products from February to April 2007. The survey data was supplemented by consumer data from the NPD home improvement tracking service and POS data from the housewares tracking service.
Castle Building Centres plans ‘Open to Buy’ days
Castle Building Centres, the Toronto-based home improvement buying group, has announced it will join the “Open to Buy” days event at this year’s National Hardware Show Canada (NHSC).
Castle Building Centres is an independent lumber and building Materials Buying Group with more than 220 locations across Canada. The NHSC will be held Oct. 16 to 17 at the Toronto Congress Centre.
“Castle Building Centres is a significant retailer in the Canadian home improvement retail space,” said Dennis MacDonald, senior vp of Reed Exhibitions and producer of NHSC.
In addition to Castle’s participation, new at this year’s NHSC is an expanded New Product World, an Inventor’s Spotlight which will showcase patent-pending products and the co-location of Garden Expo and Florist Expo.
Castle is a member-owned co-op; its dealers have access to more than 350 suppliers through their affiliation with Castle. The group is partnered with Reliance Buying Group, Mutual Hardware and Octo Plumbing Group.
True Value to hold Retail Growth Conferences
True Value will be holding three Retail Growth Conferences in August, giving members of the Chicago-based co-op an opportunity to share thoughts, ideas and concerns with president and CEO Lyle Heidemann and the senior management team.
The conferences include a series of breakout sessions, during which participants will share success stories and best practices that provide practical tools and suggestions for improving business results, the company said. This year’s topics include retail sales planning, financial management in a seasonal business and more.
In addition, True Value senior leadership will provide information about and updates on co-op initiatives and programs. The conferences are being held in Las Vegas (Aug. 1 to 2), Milwaukee (Aug. 8 to 9) and Boston (Aug. 22 to 23).