Crescent introduces latest multi-purpose tool
Crescent, the hand tool brand from Apex Tool Group, launched its Crescent SwitchBlade, a new multi-purpose tool consisting of a handle base with four interchangeable heads, each of which serves a different cutting or gripping purpose. There is a multi-purpose blade, a heavy-duty straight cutting blade, a cable cutting blade and a bonus plier head. The different heads can be changed out easily in about five seconds.
The high-functioning serrated multi-purpose blade cuts rope, shingles, vinyl tiles or siding, plastics and more. It comes with an integrated bottle opener, a single strand soft wire cutter and wire bending holes. The straight cutting blade is ideal for metal duct work and gutters, while the cable-cutting blade cuts various wires and cables. The standard plier head includes large and small gripping teeth and an integrated wire cutter.
“This compact tool offers numerous cutting and gripping capabilities at one attractive price,” said Griffin Biering, product manager for Crescent. “We know DIY enthusiasts like to accomplish more with less. This compact hard-working tool does the job of four. If purchased separately, the tools would cost nearly triple the price.”
The Crescent SwitchBlade also offers a convenient one-hand latch operation and dual material grips, which provide added comfort for the end user. The hang hole on the handle makes for easy storage.
The suggested retail price for the Crescent Switch Blade 4-piece set is $24.99. The set includes a nylon pouch for easy component storage that can readily be connected to a belt.
Monthly sales inch up in December
December retail and food service sales rose by 0.2% above the previous month and 4.1% above December 2012, according to advance estimates released today by the U.S. Census Bureau.
Clocking in at a total figure of $431.9 billion for the month, December’s year-over-year sales performance mirrored that of the larger 12-month period of 2013, which marked a 4.2% improvement over the year of 2012.
Similarly, retail trade sales were up 0.2% from November and 4.0% year-over-year.
December’s highest performers were in the food & beverage stores category (NAICS 445), up 2.0% since November. Year-over-year, nonstore retailers (NAICS 454) showed the biggest jump by far with a 9.9% growth rate. Electronics & appliance stores (NAICS 443) suffered the most at -2.5% for the month and -1.4% for the year.
Building material and garden equipment & supplies dealers (NAICS 444) showed an adjusted sales estimate of $25.78 million in December, down slightly from November’s $25.88 million but still ahead of December 2012’s $25.26 million. The 12-month total for the category came in at $311.6 million, a 5.9% boost over 2012.