Another cash mob hits hardware store
An Ohio hardware store was the destination of a cash mob on June 20 when nearly 60 people descended on Solon Valley Hardware, according to an article in the Cleveland Plain Dealer.
It was the first event of the “Shop Solon First” campaign organized by the local Chamber of Commerce. Open since 1957, Solon Valley has been a chamber member since 1974.
Each participant was asked to show up at the same time and bring $20 to spend. A total of 59 transactions were conducted in one hour, according to the article. Individual sales averaged $28 to $29 a person.
Owners Jon and Joan Miller reported a cash infusion in the $1,700 range over the course of the hour.
True Value chain in Virginia adds another unit
Northwest True Value Hardware, a Roanoke-based chain of six retail outlets, will open a new store near Ridgeway in early 2013, according to an article in the Martinsville Bulletin.
The 20,000-sq.-ft. structure will carry traditional hardware categories, lawn and garden, Benjamin Moore Paint, and niche items such as the Lodge Cast Iron brand of cookware, an American-made product.
The owners will invest $1.5 million in the project, and the Henry and Martinsville Economic Development Corp. (EDC) will also assist. “Economic development comes in different sizes, shapes and places,” said Jim Adams, chairman of the Henry County board of supervisors. “Traditionally, public sector entities concentrate on large business and industrial development, while retail development has been primarily left to the private sector.”
But, Adams said, the [EDC] will work “on everything that comes up because we know we need to. When it comes to economic development, no one stays in their lane — we work the project, and today’s event is an example of that.”
Beyond Hardware donates to Legion
Upstate New York retailer Beyond Hardware True Value donated $2,000 to the American Legion, Canandaigua, N.Y., Post 256.
Beyond Hardware operates stores in Pennfield, N.Y., and Canadaigua, N.Y., which opened last month.
Canandaigua Post 256 participated in the opening of the Canandaigua store. In the photo, owners Jim Marsh (far left) and Matt Shapiro (far right) pose with American Legion members Gabe Cinquegrana, Ron Evans, Brad Fisher and John Cipolina.