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BrandSource’s Neighbor to the North

April 21, 2023April 25, 2023 YSN Staff Summit 2023

CEO Chris West made his way to Canada’s Mega Group by way of Walmart and Lowe’s.

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News Briefs

Glad Tidings: Job growth, GDP, consumer confidence and retail sales are all up this quarter, laying the foundation for a fruitful holiday season. National Retail Federation

Act Fast! Retailers of everything from furniture to fishing rods are telling shoppers to buy now before the tariffs hit. The Wall Street Journal

Seesaw: Consumers chose to shop from home on Black Friday, sending online sales up 10.2% to a record $10.8 billion while brick-and-mortar traffic fell 8% from last year. Forbes

LG Mashup: LG Electronics has reorganized and renamed its four global operating units to better position itself for a future based on AI, B2B, HVAC and as-a-service (aaS) platforms. LG Electronics

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YourSource News is the news and information platform of BrandSource, the leading merchandising organization for independent appliance, home furnishings and consumer tech dealers. Its parent company, AVB, is a $25 billion member-driven co-op that provides merchandising, financing and, through its AVB Marketing arm, digital marketing services to over 5,000 independent dealers in the U.S. and Canada. BrandSource’s sister divisions and affiliates include ProSource (consumer tech and custom integration); TRIB Group (rent-to-own); Mega Group (Canada); and HFA Buying Source, serving home furnishings dealers nationwide.

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