How the numbers were compiled
By Furniture Today Staff -- Furniture Today, June 28, 2004
This exclusive survey ranks Canada's leading retailers based on estimated 2003 sales of furniture and bedding.
Sales estimates were derived from a variety of sources, including public filings, the companies themselves and discussions with industry suppliers and analysts.
The Revenue Canada official U.S. dollar exchange rates of 1.4010 for 2003 and 1.5703 for 2002 were used to calculate sales estimates.
In cases of identical 2003 sales, which happened with Staples/Business Depot and United Furniture Warehouse, the retailer with the fastest sales growth is ranked higher.
All sales figures, except those of publicly held companies which break out furniture and bedding sales as a separate line of business, are Furniture/Today market research estimates. Data is based on fiscal years ended Dec. 31, unless otherwise noted.
Total Canadian furniture and bedding sales include sales from office supply stores, and exclude sales of patio and lawn furniture.
All figures are rounded.
The ranking was compiled by Canadian Correspondent Michael Knell, who wrote the stories, Director of Market Research Kay Anderson, and Senior Research Specialist Dana French, with help from Database Coordinator Cynthia Myers.
