In This Issue
June 5, 2006, Vol. xii, #23
- Buying groups report strong performance
- Sears Canada and Amazon develop enhanced website
- Home Depot rejects demands by shareholders
- Sears to close 20 more hardware stores
Also in this issue: People on the move | Classifieds
"He who waits for a dead man’Äôs shoes may long go barefoot." – French proverb
Canada's largest buying group, in terms of both number of dealers and estimated sales at retail, remains the 432 building centre members of Home Hardware Stores Ltd. According to Paul Straus, vice-president and CEO of Home Hardware, sales by the co-op wholesaler's LBM dealers were up more than 10% in the first quarter. In addition, same-store sales were up 7.1%. Nor is Home Hardware alone. At Sexton Group, the privately held buying group based in Winnipeg, Bob Mondy, vice-president and general manager, is delighted by the performance of his group's dealers so far this year. And even though the group took a hit when it lost Lloydminster, Alta.-based Nelson Lumber Co. to TIM-BR Marts last year, it has made some inroads into recruitment on its own. "We've picked up some smaller accounts–and not so small accounts," Mondy says. One of the major moves for Sexton at the end of 2005 was the addition of 35 building centre dealers that moved over from Allroc. Their sales, plus purchases worth about $20 million, will be reflected in Sexton's 2006 results. While the performance of Sexton's members vary widely according to geography, Mondy says Alberta and British Columbia have been especially hot, with same-store sales ranging from 11.5%-17.5%. Other Western-based groups are similarly buoyant. John Physic is vice-president of Delroc Industries. He says that sales for his Langley, B.C.-based group were good in 2005, calling it "a very strong year". He also expects the current year to be equally as strong. With a preponderance of members who are commercial dealers, Physic says they are benefiting from the explosive multiple-unit construction boom in the West. TORBSA, a group of 48 contractor-oriented dealers located mainly in Central Ontario, enjoyed strong sales, but the market in 2005 did not really pick up until the second half of the year. Bob Holmes, general manager of TORBSA, says the commercial business was depressed for a long time. Even as new housing remained strong, single starts, the main driver for his dealers, were down. "TORBSA had some good growth last year, and we look forward, tentatively, to 2006," he says. On the East Coast, TIM-BR Mart Atlantic, the division of TIM-BR Marts Ltd. formed by the addition of former members of AWARD at the end of last year, has had to cope, not only with an historically stable economy, but with transition issues of its own. The closing of AWARD, precipitated in part by the closing of its distribution business, ADL, ended up costing the members money. "We had some challenges that we faced, but the members, to their credit, lived up to their end," says John Morrissey, vice-president of TIM-BR Mart Atlantic. He adds that last year, despite the upheaval, was a good year for his members. "My goal for this year is to hit $150 million on the purchasing side." (For more data on Canada's LBM buying groups, check out the latest issue of our sister publication, Hardlines Quarterly Report. For more info, click here www.sears.ca, aims to increase online interactivity with an extensive merchandise selection. It also features all the user interfaces one finds when shopping Amazon.com for books or music. Products can be searched by price, popularity (i.e., bestsellers) new arrivals, etc. In addition to the new design and standard navigational toolbar, the website provides shoppers with a comprehensive comparison-shopping capability for major appliances. And just like the Amazon site, consumers can write their comments about the products they've purchased. Taking the gift registry concept beyond bridal, an online "Wish List" feature enables shoppers to share their preferences with family and friends by emailing it to them. Rogers expects the site to begin offering sale specials that are exclusive to online shoppers. "We'd like to get more people to use the Internet than are using it now, so we'd like to have specials that drive people to our site," said Rogers. Sears Canada's website debuted online in 1996 and, by late 1998, the site received 500,000 visits. Today, sears.ca receives more than 30 million visits annually. Sears.ca offers more than 100,000 items and ships orders free to over 2,000 Sears outlet locations across Canada.
Hardlines MarketplaceDon't miss the products and services on the Hardlines web Marketplace ( https://hardlines.ca/html/marketplace.html ) And check out Hardlines Classifieds on the web ( https://hardlines.ca/html/classifieds.html )
Various TIM-BR MART members have job openings for General Managers, including...POSITION: General Manager LOCATION: North/Central Ontario JOB DESCRIPTION: Very rewarding compensation for a strong manager. Bilingualism would be an asset in this town driven by mining and forestry. Email Resume to: firstname.lastname@example.org POSITION: General Manager LOCATION: Central Alberta JOB DESCRIPTION: Opportunity exists for equity partnership – growing business in a farming community yet close enough to the city to be inviting to individuals or a family. Must be able to produce material take-offs and coach a team. Email Resume to: email@example.com POSITION: General Manager LOCATION: North Eastern B.C. JOB DESCRIPTION: Strong business driven in part by oil + gas sector. Outdoor persons dream with hunting, fishing, snowmobiling, good schools and friendly community for an individual or family. Email Resume to: firstname.lastname@example.org
Territory Manager - GTAThis position covers the Golden Horseshoe area of southern Ontario bounded by Scarborough to the east, Highway #7 to the north, Mississauga to the west, and Burlington to the southwest. Some overnight travel will be required. As a Territory Manager you would be responsible for increasing sales in the GTA. By providing superior customer service, product knowledge and training to sales associates, and the ability to develop and implement strategic business plans, you will nurture and grow positive business relationships with our existing customer base. Job Requirements
- Post Secondary Diploma or Degree
- Minimum 5 years sales experience (Home Improvement Industry experience preferred)
- Ability to travel and perform some physical duties
- Must have a valid drivers license
- Computer efficient skills in Microsoft Office, Lotus Notes and 20/20 design software
- Ability to work flexible hours in both a self directed and team environment
Services OfferedAgents Are Us: A team of professionals across Canada offering your company and your products superb in-store servicing and merchandising. We are 100% dedicated and committed to looking after national brands in the "Big Box" stores, focusing on mass merchants and D.I.Y. retailers. We understand your wants and needs, and those of the merchants, and will work with you to develop outstanding relationships with management and associates at all levels. Call us at 905.707.7409 or email: email@example.com Visit our website: www.agentsareus.com (12.12_06.05)
North America's "Premier Manufacturer"
of Propane Cylinders
NOW available in Canada
(5 lb. through 420 lb. propane cylinders available)
. Recognized Market Leader . . Unsurpassed Quality . . Reliable Delivery . . Outstanding Customer Service .
Contact us today for more Information www.Mantank.com
- Sell your company - or buy one - with Hardlines Classifieds!
- Do your executive search, find new lines or get new reps in the Hardlines Marketplace.
- Only $2.75 per word for three weeks in the classifieds.
- To place your ad, call isabel bisong at 416-489-3396 or email: firstname.lastname@example.org