Industry Analysis & Industry Trends
The Furniture Stores industry suffered during the recession as consumer sentiment plummeted in line with falling disposable income. However, the industry's fortunes are expected to reverse as unemployment levels decrease and housing starts rise. Growth will be tempered compared with previous years, as big-box and US retailers encroach on local retailers... purchase to read more
Industry Report - Industry Locations Chapter
The location of furniture stores in Canada is largely dependent on population trends, with the highest percentage of establishments located in Ontario and Quebec at 41.8% and 20.5%, respectively in 2016. With a population of more than 34 million dispersed over a large geographic area, the majority of Canadians tend to live in the southern part of the country, which is also the home to 17 of Canada's largest cities. For example, roughly 62.0% of the Canadian population lives in the provinces of Quebec and Ontario.
British Columbia, Yukon, the Northwest Territories and Nunavut represent 15.5% of establishments combined, while the Atlantic Provinces (Newfoundland, Nova Scotia, Prince Edward Island and New Brunswick) make up 6.1% of industry establishments and Alberta represents 9.8%... purchase to read more