AkzoNobel named Walmart’s primary paint supplier
AkzoNobel announced that it has been selected by Walmart to be the primary paint supplier for the retailer’s U.S. stores.
AkzoNobel said it will develop and manufacture a portfolio of interior and exterior paints for more than 3,500 Walmart stores in the United States with the Glidden and ColorPlace brands. This agreement builds on the existing relationship with Walmart for paints in Puerto Rico and Canada, and with Liquid Nails adhesives in the United States.
“We’re excited about the opportunity to build upon our relationship with Walmart to help them grow their paints business,” said Erik Bouts, managing director of AkzoNobel Paints, the company’s U.S. decorative paints business. “We feel we’re in a unique position to deliver a high quality, affordable product to customers by leveraging both our strong presence here in the United States and the support of our global organization.”
Walmart will begin the transition to AkzoNobel early next year, the company reported.
Lumber dealer runs for state office
Jeff Brandes, director of real estate holdings for Tibbetts Lumber, is running as a Republican against a Democrat incumbent in a swing district that was Republican six years ago, according to the FBMA newsletter. Brandes, the grandson of company founder Linton Tibbetts, hopes to become the next state representative for House District 52 in St. Petersburg.
Brandes served as an officer in the Army and was deployed to Iraq. Before launching his campaign, Brandes oversaw land issues for Tibbetts Holdings domestically and in the Cayman Islands, where the company also has a location.
Home Depot execs hit the aisles
Home Depot is sending its executives into the stores on a regular basis to experience life in the field and figure out ways to improve operations, according to an article in the Atlantic Journal Constitution .
Approximately 170 employees from the company’s Atlanta headquarters were divided into teams of 10 and deployed to different stores this past summer, working one day a week in various departments. The 13-week program, called “Summer in the Stores,” will be followed by “Fall in the Field” and “Winter in the Warehouse” as other executives take their turn.
Cara Kinzey, senior VP information technology, told the newspaper that her stint in the paint department will save the retailer approximately $20 million a year in “oops” paint (wrong colors). Two changes — scanning base paint barcodes before mixing the paint and putting scanners next to every computer — will dramatically cut down on mistakes, Kinzey said.