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PROSALES Online
The Magazine News and Trends Research ArticlesPROSALES 100 Products
 

WEBBLog, by Craig Webb, Editor, PROSALES

ProSales Survey Results Show Views on Non-Competes Run the Gamut
Your responses to ProSales’ online survey last month regarding non-compete were as diverse as any poll we’ve conducted lately. Take these two opinions, filed within minutes of each other:

  • “I believe that non-competes are important in controlling your customers and market. The days of the handshakes and ‘good old boys’ models of doing business are going fast. Any business that does not see this and take action will probably not be in business in the future.”

  • “A non-compete is un-American. We are supposed to have the right to support ourselves. If one person is so important to a company, that company should recognize it. That way there is no reason for the person to leave.”

  • Despite respondent No. 2’s comments, nearly 40% of those among you who took the survey said your company uses non-competes, and just under 35% of those who don’t now say they are actively considering whether to begin employing them. Click here for a summary of the survey, excluding comments. If you took the survey and didn’t get my e-mail with the full results, including participants’ comments, tell me.
    Download survey.

    Lowe's Building Boom Creates 170 New Competitors to Pro Dealers
    Ask most pro dealers about big box stores and their thoughts immediately turn to Home Depot rather than Lowe's (or, in the Midwest, Menards). But in places like Presque Isle, Maine, and Washington, N.C., it's the big blue box, not the orange one, that competes for pro and retail business. And over 2007, Lowe’s has become 170 times more competitive. That's how many new stores Lowe's announced it would open or actually opened in 2007. At this pace, Lowe's should reach the 1,500-store mark in the U.S. before winter ends. We’ve created a roster of all the new stores, sorted by state.
    Read More

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    ABC Supply Founder’s Funeral Draws Thousands
    Thousands of people braved snowy conditions Dec. 28 to gather in Janesville, Wis., for the funeral of ABC Supply Co. founder, chairman and CEO Ken Hendricks, press reports said. Hendricks, died early Friday, Dec. 21, after suffering a head injury as a result of a fall at a construction site at his home. He was 66. The Beloit, Wis., firm created by Hendricks and his wife Diane has grown from three supply centers in 1982 to nearly 400 centers in 46 states. It reported nearly $2.6 billion in sales last year, 96% of them to pros, putting it No. 6 on the ProSales 100.
    Read More

    From Sales to Stew to Non-Shrink Grout, This Blogger Has It Covered
    It’s a rare—possibly unique—blogger whose column ranges from the origins of non-stick grout to the recipe for Frogmore Stew, but if you’re in LBM, “Trip’s Blog” is worth a visit. It’s written by Trip Moore, manage of New South Construction Supply’s Charleston, S.C., branch. Do you or any of your employees have a blog? Tell me.
    Visit Blog

    WebbThreads
    Dunn Lumber, Seattle, will acquire the assets of Par Dee Sales, Bellevue, Wash., around Jan. 31, the Seattle Times reported. … Looney and Bloess Lumber Co., Sedalia, Mo., will close its doors this spring when its 80-year-old owner, Jack Bloess, retires, the Sedalia newspaper reported. Unusual among LBM operations, Looney and Bloess also sells archery equipment. … Hughes Lumber will consolidate some of its operations by closing a lumberyard in Owasso, Okla., and moving its Tulsa headquarters to an 11-acre site in the Tulsa Port of Catoosa, Okla., press reports said. … Demand for residential kitchen and bathroom countertops is forecast to increase 1.3% percent annually to 540 million square feet in 2011, the Freedonia Group forecasts. … A press account from Boston about an Olympics-class rower seeking to keep his job at The Home Depot gives some insight into HD’s program to provide part-time jobs to more than 200 athletes. According to this story, the rower was paid $28,500 a year plus full health benefits to work 10 hours a week. … Brinker Brown Fastener & Supply Inc., Fort Myers,Fla., will celebrate the opening of its new headquarters building on Feb. 1-2.



    Do you have a question, a tip, or a sage piece of wisdom? Feel free to contact PROSALES' editor, Craig Webb, at cwebb@hanleywood.com.

    And don't forget you can find previous WebbLogs now online!

     

    In this newsletter...

    • Home Sales Up a Bit, Situation Bleak Even with the small increase, the pace of sales was still the second-lowest on record going back to 1999.
    • Stock Experts See Divided Year Ahead2008 could be a tale of two markets on Wall Street

    • Home Sales Up a Bit, Situation Bleak
      Sales of previously owned homes nudged up in November, but that didn't improve the broader picture of a feeble housing market racked by record-high foreclosures and harder-to-get credit. The National Association of Realtors reported Monday that sales of existing single-family homes, condominiums and townhouses rose 0.4 percent in November from October, to a seasonally adjusted annual rate of 5 million units. Even with the small increase, the pace of sales was still the second-lowest on record going back to 1999. The lowest pace - 4.98 million - was registered in October.
      complete story

      Stock Experts See Divided Year Ahead
      Investors with short time horizons might want to remind themselves that there are 12 months in a year. The reason: 2008 could be a tale of two markets on Wall Street. The first half of '08 could spell trouble. The second half is likely to be more profitable.
      complete story

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