Showing posts with label The Home Depot. Show all posts
Showing posts with label The Home Depot. Show all posts

Monday, October 13, 2014

Techtronic Industries Receives Home Depot's Partner of the Year Awards

HONG KONG, October 9, 2014 – Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. (“TTI”/ The Group) received two coveted top awards at The Home Depot Annual Supplier Partnership Meeting in Atlanta, GA.

The Home Depot, the world’s largest home improvement retailer, presented Milwaukee Tool with the “Partner of the Year Award" for the Hardware Department. This award is representation of Milwaukee Tool’s excellence in collaboration, strategic vision and commitment to succeed in the market in 2014. Chosen among several of the largest companies in the home improvement industry, Milwaukee Tool is honored to receive the award for the second year in a row, and a third time in the last four years.

TTI Floor Care North America received “Partner of the Year” for 2014 and was selected for its outstanding service, innovation and design in the Appliance category. The company was recognized for a number of accomplishments including launching multiple, new floor care products such as the Hoover Air Cordless upright, the Hoover FloorMate hard floor cleaner, two new carpet washers and the entire Home Depot branded accessory lineup.

In addition, the Ryobi® One+ Airstrike Nailer and Stapler tools and the Hart Quick-Tatch interchangeable trowels and floats systems were honored by being finalists in the Top 10 Product Innovations.

Mr. Horst Pudwill, Chairman of TTI, said, “Our partnership with The Home Depot continues to strengthen. TTI is committed to providing world-class products and industry leading innovation.”

Mr. Joseph Galli, CEO of TTI, commented, “We are extremely proud receiving these outstanding awards and recognitions from The Home Depot for our efforts in 2014. The TTI organization is delivering a continuous flow of compelling and innovative new products and the teams are committed with relentless dedication to provide service excellence to drive The Home Depot success.”

Tuesday, February 7, 2012

Mowed Down: Lawn and Outdoor Equipment Stores

February 4 -- According to IBISWorld’s updated industry research report the Lawn and Outdoor Equipment Stores industry has been wilting over the five years to 2011, with a multitude of factors adversely affecting its landscape. Poor economic conditions, such as falling consumer confidence and disposable income, have reduced discretionary spending, driving down demand for new lawn and garden equipment. IBISWorld projects that the Lawn and Outdoor Equipment Stores industry will remain relatively unchanged in the five years to 2016, with revenue virtually stagnant.

The Lawn and Outdoor Equipment Stores industry has fought through declining demand in the five years to 2011, with revenue falling at an average annual rate of 3.8%. According to IBISWorld industry analyst and report author Mary Nanfelt, “as consumers' confidence in the economy and disposable income dwindled following the housing market's collapse, households cut back on discretionary spending, including on lawn and garden tools. In particular, sales for big-ticket items have suffered since the recession because consumers have kept their wallet closed. However, sales of less-expensive products have offset some of the industry's demise. Many households that traditionally hired gardening services have increasingly invested in smaller equipment to take care of their lawns.” From 2010 to 2011, revenue is expected to increase by 0.6%, to total $5.2 billion.

In addition to falling demand, Nanfelt says “competition from home improvement stores like The Home Depot and Lowe's has held back the industry's growth. By leveraging their size, these national retailers can achieve significant cost savings on comparable products and pass them down to consumers in the form of lower prices. Therefore, these stores have increasingly attracted customers away from lawn equipment specialty stores and outdoor power equipment dealers. As companies reduced their price markups to remain competitive, the industry's average profitability declined.” IBISWorld estimates that profit margins have decreased to less than 2% of revenue. Such poor industry performance has caused many retailers to merge with other players or exit the industry. The number of enterprises declined at an average annual rate of 3.6% during the period, from 3,994 in 2006 to an estimated 3,328 in 2011.

The Lawn and Outdoor Equipment Stores industry is characterized by a low level of concentration and a high number of companies. This is because a large number of small and independent players dominate the industry; most businesses only cater to their local or regional demand. In fact, of 3,300 businesses that are expected to participate in this industry this year, the majority will be of small stores with fewer than 10 employees. As such, there are no major players that account for a considerable share of the industry.

Monday, February 14, 2011

CPSC, Briggs and Stratton Recall Model 40 V-Twin Engines

February 1, 2011
Alert #11-719

The following product safety recall was voluntarily conducted by the firm in cooperation with the CPSC. Consumers should stop using the product immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.


Name of Product: Briggs & Stratton Model 40 V-Twin Engine


Units: About 50


Manufacturer: Briggs & Stratton Corporation, Milwaukee, Wis.


Hazard: Wear on misrouted wiring may cause it to disconnect from the shut-off device, allowing the engine to continue running when the key is in the "OFF" position or when the operator gets off the seat while the mower is engaged, posing an injury hazard to consumers.


Incidents/Injuries: None reported


Description: The recalled product is a Briggs & Stratton V-twin engine with the date code 100201Y. The engines can be found in the following lawn mowers: Craftsman, model 247:289810; Husqvarna, model 960460016; and Bad Boy, model BBM4826BS. The engine date code is bottom-most number located on the valve cover of the engine. The valve cover is located at the front of the engine near the oil dipstick.


Sold by: Sears, under the Craftsman brand; The Home Depot, under the Husqvarna brand; and Tractor Supply Company, under the Bad Boy brand. The mowers were sold in February 2010 and March 2010 for between $1,500 and $3,500.


Manufactured in: USA


Remedy: Consumers should immediately stop using the riding mowers and contact a Briggs & Stratton Authorized Dealer for free inspection and repair. Consumers with affected Craftsman and Husqvarna models were notified by letter from Sears and Briggs & Stratton. Tractor Supply Company has not notified the purchasers of the affected Bad Boy models.

Consumer Contact: For more information, contact Briggs & Stratton Corporation at (866) 927-3349 between 9 a.m. and 6 p.m. ET Monday through Friday, or visit the firm's website at www.briggsandstratton.com/engines/support/contact

Wednesday, January 19, 2011

When Your Old Shovel Isn't Tough Enough

When Your Old Shovel Isn't Tough Enough, High-Tech Gear Is Easy On Driveway, Joints

The makers of the Snow Joe, the Sno-Thro, the SnoBoss, the Sno Wovel and a bevy of other products say clearing snow off the driveway doesn't have to be so darn hard.

From shovels and snowblowers to self-melting walkways, the latest ergonomic and low-maintenance gear is designed to ease consumer's backs and joints, be less taxing on the heart and less stressful to operate. Strong sales and heavy snowfall since Christmas have sent Toro Co. back into production for its plug-and-play electric snowblowers and its "Power Shovel," a $100 motorized vacuum-like device that sucks up and spits snow away, no lifting required.

"With a lawn mower, if it doesn't start you can put off cutting your grass," says Toro's Matt Medden, senior marketing director. "But if a snowblower doesn't start, you're late for work."

Home Depot Inc. says December sales of snow products were up double-digits at the retailer over the previous year, including strong demand for gas snowblowers with electric start buttons (no yanking cords in the cold) and heated hand grips. The company projects similar growth for January.

Removing snow safely is of mounting concern, particularly to the 76 million aging baby boomers. Shoveling snow places extraordinary demands on the cardiovascular system, raising heart rates to dangerous levels after only two minutes, and risks injury to soft tissue, according to a recent study in the American Journal of Emergency Medicine. One culprit: non-ergonomic shovels, the study finds.

For 75-year-old Walter Bearse, clearing snow off the driveway is a matter of pride. "I'm strong as an ox," he crows.

But recently Mr. Bearse's sons have been hounding dad to drop the shovel and invest in equipment less taxing on his heart and body. So he bought a $200 electric Snow Joe snowblower—it starts with the push of a button—and used it to clear his Toms River, N.J., property of more than two feet of winter mess left by recent storms.

The verdict: "I found out there's an easy way of doing this," says Mr. Bearse, a former butcher and turnpike toll collector.

Joseph Cohen, CEO of Snow Joe LLC, said sales of both electric shovels and snowblowers are up 30% over last year.


One pitfall with some machines: the cord. Jon Hoch, who runs snowblowersdirect.com, notes that using extension cords in winter presents challenges. "It can freeze up, and trying to uncoil it is hard," he says. "But the bigger challenge is you are like a dog on a leash."

For those wanting to get unplugged, new this winter is the $1,499 battery-powered AMP Sno-Thro from Ariens Co. Fully charged, the snowblower handles snow up to 10-inches deep and runs for about an hour, the company says. Plus, there's no gasoline, oil or spark plugs involved, a selling point "for people heading to work who don't want fumes on clothing," says Ariens spokeswoman Ann Stilp.

Even the humble snow shovel has evolved. Today, many models are designed with deep scoops crafted from light polyethylene and curved handles for less back strain. Also popular: snow sleighs or "pushers" that can move large amounts of light, fluffy snow without lifting and tossing.

Take Ames True Temper's SnoBoss shovel, a deep dish, dual-handled device designed to push or shovel snow with less exertion. While the company has been making shovels, scoops and ice scrapers for the past century, the SnoBoss is its "most successful snow tool, period," says Joe Saffron, director of marketing and product development.

Barbara Krashnak of Mountain Top, Pa., recently bought seven $35 SnoBoss shovels—three for herself and four to give as gifts. The 68-year-old, who lives alone, says she has a gas-powered snowblower but finds it to be a "big pain in the neck" to operate. With a regular shovel, it took hours to clear her 200-foot long driveway. The SnoBoss, she says, accomplished the same task in 30 minutes. "I like to shovel, but as you get older, you get tireder."

For digging out the car, Ames True Temper just rolled out its AutoBoss, a two-pound folding yellow scoop with multiple hand positions that collapses to 13-inches and fits in a trunk. Oxo, the company known for ergonomic can openers and graters, this fall introduced a snow brush for cars that has an extension handle and rotating head.

And by month's end, Structured Solutions II LLC expects to be sold out of its $120 Sno Wovel—a shovel that uses a large wheel as a fulcrum to reduce body and heart stress.

For those wanting the true no-sweat route, self-melting driveways are a hot option these days. "You could call it a luxury item," says Bryan Morris, sales manager of Warmzone Management LLC of Salt Lake City, which sells the systems.

In a typical design, cables or tubing lie under the driveway and sidewalk and are heated by electricity or hot water. A typical setup costs between $14 to $24 a square foot to tear up an existing driveway and install a system. So a 500-square foot heated driveway would cost from $7,000 to $12,000 to install and about $1.85 an hour for the average homeowner in the Northeast to operate, Mr. Morris says.

Richard Silverstein of Chappaqua, N.Y., says he paid a "couple of hundred thousand dollars" to rip up his home's steep 8,000-square-foot driveway, the walkways and outdoor hot tub to install a Warmzone system. The 60-year-old neuro-ophthalmologist, who works out of his house, says he was concerned that patients and visitors might hurt themselves and wanted to be "stress free" during the winter.

Temperature and moisture sensors turn the system on automatically when it snows. "It looks like there was a blizzard all over—except where I live," says Mr. Silverstein, who used to depend on an armada of plows and snowblowers to clear his property.

"Now I go to sleep and watch TV and don't think about it."

Those craving cheaper alternatives sometimes turn to electric stair and walkway mats, such as those sold by HeatTrak LLC of Patterson, N.J. The stair mats ($39.95 per tread), and walkway mats ($99.95 per five-foot swath) connect with cords but have shut-off protection if punctured.

Now is when outdoor tool merchants typically turn to warmer weather products, but many are mindful of last year's pre-Valentine's Day "Snowmageddon" blizzard. Says Ames True Temper's Mr. Saffron: "We could be chasing snow into February."

Wednesday, January 12, 2011

Ariens, CPSC Recall Snowthrowers Due to Injury Hazard

The following product safety recall was voluntarily conducted by the firm in cooperation with the CPSC. Consumers should stop using the product immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

January 11, 2011
Alert 11-714

Name of Product: SnoThro 30LE Deluxe Snow Thrower

Units: About 1,040

Manufacturer: Ariens Company, of Brillion, Wisc.

Hazard: Users trying to clear the collector or discharge chute while the machine is operating could be at risk of a finger or hand injury hazard.

Incidents/Injuries: No reports of injuries have been received.

Description: The snow thrower is painted orange and black. The model number is 921020 and serial numbers range from 000101 to 001229 and are located on a label at the rear of the unit next to the right tire. The Ariens logo is placed on the front of the control panel.

Sold at: Home Depot and local Ariens authorized dealerships from October 2009 to January 2010 for about $1,500.

Manufactured in: United States

Remedy: Ariens Company has fixed about 600 of these units prior to their sale. To determine if your unit has been repaired contact Ariens. If your unit has not been repaired, Ariens will assist you in scheduling an appointment for a free repair with an Ariens authorized dealer in your area.

Consumer Contact: For more information, contact Ariens Company toll free at (888) 927-4367 between 7 a.m. and 4:30 p.m. CT Monday through Friday or visit the company's website at www.ariens.com

Monday, January 10, 2011

Riding Mower Sales Predicted Up For 2010

We plant it, water it, fertilize it, cut it, stuff it into bags and then throw it away.

It's called grass. It is one of the least productive crops we grow. And we are increasingly doing it the easy way, on riding mowers.

Janet Shim, an analyst with Santa Monica, Calif.-based industry research publisher IBISWorld Inc., forecasts sales of riding mowers will be up 9.8 percent to $896.6 million in 2010.

She recently tripped across this little noticed trend while researching home improvement stores, such as The Home Depot and Lowe's.

She expects this retail group, overall, to post a 2.3 percent decline in sales for 2010. But one bright spot has been riding lawn mowers.

"People have been viewing riding mowers as an investment," Shim explained. "It adds curb appeal to their homes. It's an easy way to increase home values."

Indeed. Nothing says "I'm not making my mortgage payments anymore" like an overgrown lawn. The bank-owned home down the street can get away with it, but not you.

Shim speculates many Americans have gotten rid of their gardeners, landscapers and lawn servicers amid the sluggish economic recovery.

But they soon find out that mowing themselves is hard work. So they run to a home improvement store and plop down anywhere from $700 to $5,500 or more for a new riding mower.

Sales of push mowers, or walk-behind mowers, meanwhile, remain on the decline, Shim said.

"Baby boomers are driving this trend," Shim said. "They are seeking comfort while they mow the lawn."

Aging Baby Boomers are caught between distinct generations: Their parents, who once had to cut lawns with motor-less push mowers; and their children, who do not even know what a lawn mower is because operating one has yet to be effectively simulated by a popular video game.

Meantime, the grass keeps growing and someone has to cut it.

Marketers learned long ago that Baby Boomers will do anything if it somehow can be considered cool or artsy.

Riding mower maker John Deere leveraged this strategy perfectly in an advertising campaign during the March Madness college basketball season this year. It was dubbed "What will you create?"

The campaign featured South Carolinian Pearl Fryar who turned his lawn into a world renowned topiary garden by logging 1,200 hours on his John Deere lawn tractor.

Then there was former executive Larry Carlson of Bridgehampton, N.Y., who turned a five-acre potato field into "a work of art, complete with beautiful rustic gardens and a labyrinth."

Carlson looked like a guy who could afford to hire a landscaper, but he was doing it himself for his love of the art, you see.

The message: Time to get back in touch with the earth. Get yourself a cushy riding mower and cruise the rolling greens of your gated suburban spreads — if you haven't lost them to foreclosure, that is.

"Lawns are a status symbol," Shim said. "People judge your wealth or status by your lawn."

And where else can a man be free — to text and drive, to rage and drive, to drink and drive — than on his own lawn?

Where else can a woman — barefoot, pregnant and mowing the lawn — find more glamour and sophistication than on a Husqvarna?

There's nothing more invigorating than revving a Briggs and Stratton engine, buzzing the open space of your own backyard, smelling the fresh-cut grass, wind in your hair, sun on your back, whirling blades beneath your feet. The nation's unemployment rate be damned.

In a sluggish economic recovery like this, this could be the closest many of us will come to owning a yacht.

Al Lewis   www.denverpost.com  

Wednesday, November 17, 2010

Honda and Mantis Mini Tillers with Honda Engines Recalled by CSPC



WASHINGTON, D.C. – November 16 -- The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Name of Product: Honda and Mantis Mini Tillers

Units: About 6,150

Manufacturer: American Honda Motor Co., of Torrance, Calif.

Hazard: A rubber grommet that is part of the engine's fuel tank may crack and leak fuel, posing a fire hazard.

Incidents/Injuries: None reported.

Description: The recalled mini tillers have Honda GX25 mini four-stroke engines and their engine serial numbers can be found on the engine near the fuel tank cap. Both brands come in red and black.

Honda Mini Tiller: Model number FG110 with serial numbers GCALT 1696948 to 1700567.
Mantis Mini Tiller: Model numbers 7262 and 7270 with serial numbers GCART-1165215 to 1171495.

Sold at: Honda Power Equipment Dealers, The Home Depot, outdoor power equipment dealers, rental dealers, retailers, mail order and catalog houses nationwide from March 2010 through September 2010 for about $400.

Manufactured: The engines were made in Thailand and assembled in the United States using domestic and globally sourced products.

Remedy: Consumers should immediately stop using any mini tiller with engines in the affected serial number ranges and contact any Honda Power Equipment dealer or Honda Engine dealer (Mantis owners only) to arrange to have the fuel tank assembly replaced free of charge. Registered owners of the recalled mini tillers will be sent a notice by mail.

Consumer Contact: For additional information:
Honda FG110 mini-tiller owners should contact Honda at (888) 888-3139 between 8:30 a.m. and 5 p.m. ET Monday through Friday, or visit the firm's website at www.hondapowerequipment.com

Mantis mini-tiller owners should either contact Mantis Customer Service at (800) 366-6268, visit www.mantis.com or contact Honda at (888) 888-3139 between 8:30 a.m. and 5 p.m. ET Monday through Friday, or visit www.hondapowerequipment.com

Friday, July 23, 2010

Snow Throwers Recalled by Toro


WASHINGTON, D.C. – July 14 -- The U.S. Consumer Product Safety Commission and Health Canada, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Name of product: Power Clear 180 Single Stage Snow Blowers

Units: About 35,700 in the United States and 2,300 in Canada

Manufacturer: The Toro Company, of Bloomington, Minn.

Hazard: Exposure to ethanol in gasoline can cause the carburetor needle to become corroded. A corroded needle can stick in the open position and allow fuel to leak from the carburetor, posing a fire hazard to consumers.

Incidents/Injuries: Toro has received 2,200 reports of carburetor leaks. No fires or injuries have been reported.

Description: This recall involves Toro® Power Clear 180 Single Stage snow blowers. The recalled snow blowers have model numbers 38272 and 38282. Serial numbers included in the recall range from 310000001 through 310999999. The model and serial number can be found on a decal on the lower right side of the snow blower.

Sold at: Toro dealers and The Home Depot stores nationwide from November 2009 through May 2010 for between $400 and $440.

Manufactured in: U.S.A.

Remedy: Consumers should immediately check to see if their snow blowers are included in this recall and contact an authorized Toro service dealer to arrange a free repair. To obtain the location of the nearest dealer, consumers should contact Toro.