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Phone: 416-489-3396
Michael McLarney, Editor & President
mike@hardlines.ca
Beverly Allen, Publisher
bev@hardlines.ca
Brady Peever, Client Services Manager
brady@hardlines.ca
John Caulfield, Contributing Editor
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September 21, 2009, Volume xv, #35 |
In This Issue:
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“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” —Aristotle (Greek philosopher and mathematician, 384 BC-322 BC) | ||||||||||||||||||||||
Anna Olsen, innovations at Home Hardware market | ||||||||||||||||||||||
ST. JACOBS, Ont. — Home Hardware Stores featured a number of new products and programs at its latest dealer market. The event, marking Home’s 45 years in existence, showcased the latest in the dealer-owned wholesaler’s innovations to operate, merchandise and promote its dealers’ business. ![]() ![]() |
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Home dealers show increased optimism at latest market | ||||||||||||||||||||||
ST. JACOBS, Ont. — Home Hardware owners attending the company’s recent dealer market brought with them an overall sense of optimism about the remainder of the year. Hardlines spoke with lots of dealers at the show and many of them, especially in Western Canada, are feeling the brunt of the slowdown, but the repair and renovation market, especially in the smaller communities in which Home Hardware dominates, is shoring up business and keeping many dealers positive about the fall season ahead. “We’re getting through the doom and gloom headlines that persisted before the last market,” said Bill Ferguson, dealer support manager for Home Hardware Stores. “Homeowners continue to consider the home a key investment. Even if they aren’t undertaking reno projects, these have been replaced by work projects.”Top. |
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RONA launches recycled paint outside of Quebec | ||||||||||||||||||||||
BOUCHERVILLE, Que. — RONA Inc. is stepping up its commitment to being eco-responsible with the addition of a recycled latex paint to its range of RONA ECO products. The new paint line features a selection of 16 interior colours plus a floor paint. The new line is made in Quebec by Peintures récupérées du Québec (Boomerang Paints), which has been involved with RONA for more than a decade managing a recycled paint program for the company, and sold under the Boomerang Paint name. Made from 90% recycled paint, the company claims that its manufacturing process generates only a quarter of the greenhouse gases normally produced by other paints. Products seeking to carry the RONA ECO label must demonstrate a lower environmental impact throughout its entire life cycle, subject to review by the International Chair in Life Cycle Assessment at the École Polytechnique of Université de Montréal. More than 300 RONA ECO products have been introduced since the label was launched in 2008. The program has now been extended to stores in Halifax and Ontario, and more than two million kilograms of paint have been collected by RONA dealers for recycling and reprocessing. RONA is currently working on the introduction of paint recovery programs in the rest of Canada. More colours will be added to the line over the next few months. |
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Lowe’s will use Canadian experience to expand Down Under | ||||||||||||||||||||||
SYDNEY, Australia — Australia’s largest retailer, Woolworths Limited, expects to create as many as 15,000 jobs as part of its $400 million investment in a joint venture with Lowe’s Cos.The initiative is a new DIY chain that will take on that country’s dominant player, Bunnings, which is owned by Wesfarmers, the giant holding company with stakes in natural resources. Initially, the new stores will be built in the state of Victoria, where Woolworths expects to build up to 30 stores over the next five years.
The equivalent of about $20 billion in home-improvement related products are sold in Australia annually. The deal with Woolworth’s would include a $73.6 million takeover of Dank’s, Australia’s second-largest hardware distributor. Lowe’s and Woolworths have a target to secure more than 150 store sites, all greater than 100,000 square feet, over the next five years, with the first store expected to open in late 2011. Woolworths has already secured entitlement to 12 sites and is currently in final negotiations to secure a further 15 sites for greenfield development.![]() |
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Home Depot will carry Martha Stewart brand | ||||||||||||||||||||||
TORONTO — Home Depot will develop what it’s calling an exclusive line of home-improvement products bearing the Martha Stewart Living brand.A line of patio dining and conversation sets, which will range in price from $499 to $799, is scheduled to launch next January in the U.S. and February 2010 in Canada. Home organization products that include a new closet organization system and a nine-cube organizational unit will carry the Stewart brand. Home Depot merchants are working with Martha Stewart Living Omnimedia (which is the licensor) to develop a line of branded home décor products and other lines that will be introduced over the course of next year. Products will be available at The Home Depot stores across Canada and at www.homedepot.ca. “Our partnership with Martha Stewart will allow us to continue to deliver new and unique product design at affordable prices," says Gino DiGioacchino, vice-president of merchandising, Home Depot Canada. “Both organizations have been the go-to destination for consumers looking for inspiration and project know-how. Together we can continue to enhance our customers’ experience.” | ||||||||||||||||||||||
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Time to take your business to the next level. Invest in your company — and yourself — by joining us at the 14th Annual Hardlines Conference. Register today for an incredible opportunity to learn and network. Click here for more info.— Beverly |
DID YOU KNOW… |
Building supply dealers saw their collective sales — and market share — dip in 2008. The trend continues in the first half of this year, with some regional exceptions. (Find out how the buying groups are making out, how they are growing and differentiating, and how their customer base is changing. It’s in our Annual Buying Group Report, available soon in the next issue of Hardlines Quarterly Report! —Michael) |
NEWS IN BRIEF |
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PEOPLE ON THE MOVE |
Trish Hopkins has been appointed sales representative at USCAN Industrial Fasteners Ltd. Most recently, she was marketing programs manager at Akzo Nobel Decorative Coatings.Tom Longworth has been appointed a director of the Vancouver Fraser Port Authority for a term of three years. Longworth, remembered in this industry as president and CEO of Canfor-Weldwood Distribution Ltd. (CanWel) back in the ’90s, began his career as an industrial engineer with the T. Eaton Company in Toronto. He has also worked at RJR Foods, Canadian Canners, RJR-Nabisco Brands and Telus Enterprise Solutions Inc. In 2006, he founded Longworth Advisory Services Ltd., a company that evaluates and develops international business initiatives. Mr. Longworth has also served as a director on the boards of Versacold, CanWel Distribution, and Howe Sound Pulp and Paper. |
ECONOMIC INDICATORS |
Consumer prices fell 0.8% in the 12 months to August 2009, following a 0.9% decline in July.The decrease was due primarily to a 12-month drop of 19.1% in prices for energy products, mainly gasoline. Excluding energy, the CPI rose 1.4% between August 2008 and August 2009. (Stats Canada) |
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