Page 11 - LBMAO - May-Jun 2020 REPORTER - web optimized

Industry NEWS
Message from the PRESIDENT Message from the PRESIDENT

furthers our goal of providing our dealers retailer with over 1,000 stores under name and private label products. Home
our industry remains strong
with the best program for independents in the Home Hardware, Home Building Hardware Stores Limited has received
the industry,” said Marianne Thompson, Vice- Centre, Home Hardware Building designation as one of Canada’s Best our industry remains strong
President, Merchandise LBM, Home Hardware Centre and Home Furniture banners. Brands and Best Managed Companies
Stores Limited. “The realignment will serve Founded in 1964 in rural St. Jacobs, and is committed to helping Canadians
to enhance our strong national and regional Ontario, Home Hardware remains 100% with all of their project needs. More
LBM merchandise programs, optimize our Canadian owned and operated. Through information about the company is
supplier partnerships and enable us to execute the Home Hardware network, Dealer- available at homehardware.ca.
on our vision to be Canada’s most trusted and Owners have extensive distribution
preferred home improvement retail brand.” and marketing capabilities as well as
access to thousands of quality, brand
About Michael Robert
Michael Robert is a seasoned business leader
david campbell his edition of the Reporter magazine focuses 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
with extensive experience in leading suppliers
Management and POS Solutions for the
and sellers in commercial, wholesale and retail
LBMAO President Tprimarily on the impact of the COVID-19 most landlords do not wish to pay the 25% cost, LBMAO President Tprimarily on the impact of the COVID-19 most landlords do not wish to pay the 25% cost,
understanding their costs need to be covered as well.
Pandemic on our members, as well as on the
channels. Previously, Michael held executive Hardware and Building Supply Industries Pandemic on our members, as well as on the understanding their costs need to be covered as well.
Association itself.
positions with home improvement retailers Obtaining PPE equipment at a reasonable cost has Association itself. Obtaining PPE equipment at a reasonable cost has
Having interviewed several of our retail and
Canadian Tire and Lowes Canada as well as 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
supplier members, I have come to the conclusion
Summit Tools and Spectrum Brands. of price gouging and mismanagement of the supply supplier members, I have come to the conclusion of price gouging and mismanagement of the supply
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.
About Lee Hooper severe decline on 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
sectors, such as clothing and footwear. As well, those
Lee Hooper is a proven leader with more than for those members offering this service and this will sectors, such as clothing and footwear. As well, those for those members offering this service and this will
social and sports sectors such as minor hockey, soccer
probably continue.
20 years of experience in sales leadership across affordable social and sports sectors such as minor hockey, soccer probably continue.
and other sporting endeavors have been devastated
convenience and gas retail, home improvement The virtual trade shows being introduced by our 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
retail, industrial electrical distribution, and North buying group members will have an impact on how with chances of getting back to any type of normalcy buying group members will have an impact on how
future networking, buying and learning is conducted
over the summer being very doubtful. Hundreds of
American energy. Previously, Lee held executive and robust over the summer being very doubtful. Hundreds of future networking, buying and learning is conducted
positions with Southwire Canada and Nestle 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.
thousands
Waters. "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 major increase in
Home Hardware Announces Virtual 2020 Fall to provide the basics in their location. Traditionally at this time of year, the government to provide the basics in their location. Traditionally at this time of year, the
government
Market 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.
Following the success of its first ever virtual 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 summ
market, Home Hardware Stores Limited is proud arize 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
is interesting
to announce plans for another virtual event! 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
The 2020 Fall Market set for September 13-20, threads experienced by advantage of the programs offered by the federal common threads experienced by advantage of the programs offered by the federal
common
service and this will the owners and managers of these
will be held virtually. government on wage subsidies and loan programs. service and this will the owners and managers of these government on wage subsidies and loan programs.
businesses:
“We are pleased with the success of our 2020 This should help us move through the summer probably continue." businesses: This should help us move through the summer
probably continue."
Spring Market and are excited to continue to agreed that response months and into our membership renewal period. Most all agreed that response months and into our membership renewal period.
Most all
build on the experience and capabilities for our federal and provincial We have seen an increase in member usage of from both federal and provincial We have seen an increase in member usage of
from both
it’s the best
governments in addressing
Fall Event,” said Kevin Macnab, President and the financial and social our online training programs, with the new “Driver governments in addressing the financial and social our online training programs, with the new “Driver
needs of the citizens of this province was good with a
CEO, Home Hardware Stores Limited. “From 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
member businesses with very positive comments
few areas of suggested improvement.
delivering presentations in a virtual auditorium of both worlds! few areas of suggested improvement. member businesses with very positive comments
It was generally felt that the provincial
to engaging with our supplier-partners in a 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
virtual tradeshow, we are able to offer our service. government did not necessarily need to close service.
down all construction and instead should have
dealers a quality Market experience, even in 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
these unprecedented times.” 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
Home Hardware successfully held a virtual professionally, in a much different manner - hopefully if they stayed open; as well, a more regional approach professionally, in a much different manner - hopefully
could have been taken.
Spring Market in April 2020 with 3,618 for the good. could have been taken. for the good.
Building permits should have been issued
attendees and supplier-partners at the event. We wish all of our members every success in Building permits should have been issued We wish all of our members every success in
throughout the pandemic period as they usually take
The virtual Fall Market will build on that success getting through this unprecedented time for our throughout the pandemic period as they usually take getting through this unprecedented time for our
to provide an enhanced experience for dealers, implemented. business and our families. several months to see them implemented. business and our families.
several months to see them
Extension of the
store staff, team members and suppliers. 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.
About Home Hardware Stores Limited fall.
Home Hardware Stores Limited is Canada’s
largest Dealer-owned hardware, lumber, building transaxion.ca | 1 800 361-3607
materials, and furniture home improvement
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