Page 10 - LBMAO - May-Jun 2020 REPORTER - web optimized

Industry NEWS
Message from the PRESIDENT Message from the PRESIDENT

home hardware news Limited. “I am fortunate to have learned “On behalf of everyone at Home
our industry remains strong our industry remains strong
Hardware Stores Limited, I want to thank
from Dunc’s years of expertise and advice
Dunc Wilson for his many contributions
and have truly enjoyed working with him.”
Dunc has been a respected member
company,” said Kevin Macnab, President
of the Canadian home improvement during his 12-year tenure with the
industry for over 50 years and has worked and CEO. “In my first 18 months with
in marketing, Home Hardware Stores Limited, I have
merchandising greatly appreciated the insights and
and dealer industry expertise that Dunc brought
Dunc Wilson Annnounces Retirement development. to the company. We are grateful for his
After 50 Years in the Industry “I have been dedication and wish him all the best in his
Dunc Wilson’s position of Senior fortunate to retirement.”
Director of Business Development has have had a very
david campbell his edition of interesting and The rent relief program has not been helpful as david campbell his edition of the Reporter magazine focuses The rent relief program has not been helpful as
been a pivotal role in expanding new the Reporter magazine focuses
Home Hardware Announces Changes to
growth and sales for Home Hardware’s the impact of the COVID-19
Merchandise LBM Team the 25% cost,
LBMAO President Tprimarily on satisfying career most landlords do not wish to pay LBMAO President Tprimarily on the impact of the COVID-19 most landlords do not wish to pay the 25% cost,
Pandemic on our
Dealer network. After 12 years of leading members, as well as on the understanding their costs need to be covered as well. to Pandemic on our members, as well as on the understanding their costs need to be covered as well.
Hardware
is
pleased
in Retail spanning
Home
Association itself.
announce the appointment of Michael
new business and operations roles for over 50 years,” Obtaining PPE equipment at a reasonable cost has Association itself. Obtaining PPE equipment at a reasonable cost has
Having interviewed several of our
Robert and Lee Hooper as Merchandise
Home Hardware Stores Limited, Dunc said Dunc. “The retail and been a sore issue and there is a noticeable indication Having interviewed several of our retail and been a sore issue and there is a noticeable indication
LBM Directors, reporting directly to
last 12 years with
retirement,
his
recently announced supplier members, I have come to the conclusion of price gouging and mismanagement of the supply supplier members, I have come to the conclusion of price gouging and mismanagement of the supply
effective April 24, 2020. that, for the most part, our sector has not had the chain by government in this important category. that, for the most part, our sector has not had the chain by government in this important category.
Home Hardware have been truly special.
Vice-President,
Marianne
Thompson,
“I want to thank Dunc for helping sales and cash flows as other There has been a major increase in online ordering severe decline on sales and cash flows as other There has been a major increase in online ordering
severe decline on
Merchandise LBM. Michael and Lee will
They have given me the opportunity
for those members offering this service and this will
sectors, such as clothing and footwear. As well, those
to lead and grow this business, and for to work with wonderful people and be responsible for the development and sectors, such as clothing and footwear. As well, those for those members offering this service and this will
probably continue.
social and sports sectors such as minor hockey, soccer
being a role model and friend for the companies, including several competitors deployment of the LBM program for all social and sports sectors such as minor hockey, soccer probably continue.
The virtual trade shows being introduced by our
and other sporting endeavors have been devastated
many years we have worked together,” and industry associations – many of building centre locations. and other sporting endeavors have been devastated The virtual trade shows being introduced by our
with chances of getting back to any type of normalcy
buying group members will have an impact on how
said Darrin Noble, Vice President of whom have become close, personal “The strategic realignment of our with chances of getting back to any type of normalcy buying group members will have an impact on how
friends.”
Stores
Merchandise
LBM
Hardware
leadership
Operations, Home over the summer being very doubtful. Hundreds of future networking, buying and learning is conducted team over the summer being very doubtful. Hundreds of future networking, buying and learning is conducted
thousands of people in these groups by moving away from a face to face platform. thousands of people in these groups by moving away from a face to face platform.
"There has been a are experiencing a long period of lay Most of our members are weathering the situation "There has been a are experiencing a long period of lay Most of our members are weathering the situation
off and will need support from the with some challenges on revenues, dependent on off and will need support from the with some challenges on revenues, dependent on
major increase in government to provide the basics in their location. Traditionally at this time of year, the major increase in government to provide the basics in their location. Traditionally at this time of year, the
online ordering for life. So, from that respect we should LBMAO would be hosting several events, such as online ordering for life. So, from that respect we should LBMAO would be hosting several events, such as
feel lucky we work in this industry. golf tournaments and the “Cool Car Ride” but, with feel lucky we work in this industry. golf tournaments and the “Cool Car Ride” but, with
those members To summarize the interviews, it the pandemic in full swing, this has had a negative those members To summarize the interviews, it the pandemic in full swing, this has had a negative
COMMERCIAL is interesting to note some of the impact on the Association cash flow. We have taken offering this is interesting to note some of the impact on the Association cash flow. We have taken
offering this
INSURANCE advantage of the programs offered by the federal service and this will the owners and managers of these advantage of the programs offered by the federal
common threads experienced by
common threads experienced by
service and this will the owners and managers of these
government on wage subsidies and loan programs.
government on wage subsidies and loan programs.
This should help us move through the summer
businesses:
This should help us move through the summer
businesses:
probably continue."
Most all agreed that response
Most all agreed that response
Discover the difference of an insurance program months and into our membership renewal period. probably continue." from both federal and provincial months and into our membership renewal period.
We have seen an increase in member usage of
from both federal and provincial
We have seen an increase in member usage of
designed specifically for members of the LBMAO. our online training programs, with the new “Driver governments in addressing the financial and social our online training programs, with the new “Driver
governments in addressing the financial and social
We offer competitive rates, superior service and Training Modules” being used by several of our needs of the citizens of this province was good with a Training Modules” being used by several of our
needs of the citizens of this province was good with a
value added products.
few areas of suggested improvement. member businesses with very positive comments few areas of suggested improvement. member businesses with very positive comments
It was generally felt that the provincial on the outcome of this important training support It was generally felt that the provincial on the outcome of this important training support
government did not necessarily need to close service. government did not necessarily need to close service.
down all construction and instead should have There is no question that once this pandemic is down all construction and instead should have There is no question that once this pandemic is
implemented a very stringent health and safety policy over we will all conduct our lives, both personally and implemented a very stringent health and safety policy over we will all conduct our lives, both personally and
if they stayed open; as well, a more regional approach professionally, in a much different manner - hopefully if they stayed open; as well, a more regional approach professionally, in a much different manner - hopefully
Delivering amazing results
could have been taken. for the good. could have been taken. for the good.
Building permits should have been issued We wish all of our members every success in Building permits should have been issued We wish all of our members every success in
with Real Cedar.
throughout the pandemic period as they usually take getting through this unprecedented time for our throughout the pandemic period as they usually take getting through this unprecedented time for our
several months to see them implemented. business and our families. several months to see them implemented. business and our families.
Extension of the wage subsidy will have to be Extension of the wage subsidy will have to be
addressed as the recovery period will extend into the addressed as the recovery period will extend into the
fall. fall.
800 263 2445 | nuforest.com realcedar.com
The Official Insurer of the LBMA0
10 LBMAO Reporter - May-June 2020
www.lbmao.on.ca
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