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Canadian furniture retailer sets its sights on the U.S.
Just in time for Black Friday, Structube, a leading Canadian retailer of modern furniture, has launched its e-commerce site in the United States.
In addition to its online platform, Structube, which operates 47 stores in Canada, plans to open stores across the United States, starting in 2016.
Structube specializes in contemporary style furniture, and offers “high style/low priced” pre-assembled and easy-to-assemble products. The company says it caters to young professionals, condo dwellers and small businesses.
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Dollar Tree/Family Dollar are on track for Q4
Dollar Tree’s third quarter results weren’t as strong as the prior year, but all is well with the integration of Family Dollar and CEO Bob Sasser contends the combined company is well-positioned for the holidays.
Total sales increased 136% to $4.95 billion during the quarter ended Oct. 31, from $2.1 billion in the prior year’s third quarter. The surge in sales reflects the first full quarter in which sales from Family Dollar stores are included in results. Dollar Tree completed its acquisition of Family Dollar on July 6 creating a retailer with 13,600 stores.

