Read More Articles by Larry Maloney

Larry Maloney

Canadian News

e-Commerce Drives Up Dorel Home Furnishings Profit

Dorel can thank its Home Furnishings business for adding significant support to its bottom line, as ecommerce growth drove the segment's operating profit up 85% for the third quarter just reported. It was a welcome boost that came at a good time - the Canadian-based conglomerate's total sales were relatively flat while overall profits actually declined.