Deere to build new plant in China
Moline, Ill.-based Deere & Co. announced it will build a construction equipment manufacturing plant in the Tianjin Economic-Technological Development Area (TEDA) in northern China.
The new facility will produce four-wheel-drive loaders and excavators for sale in China and for export. The company said the facility represents a $50 million investment and is the company’s sixth manufacturing location in China and the second in the TEDA.
"This new factory will enhance our opportunity to serve Chinese customers, as well as customers in other markets," said Samuel Allen, chairman and CEO. "This action represents a meaningful expansion of Deere’s construction equipment division in China."
According to the company, China represents the world’s largest and fastest growing market for construction equipment. Deere has been dealing in agricultural equipment in the country for 30 years, and began a joint venture to produce construction equipment there in 2008.
"This announcement is an example of our strategy to expand the global presence of Deere in the construction equipment industry,” said Mike Mack, president of Deere’s Worldwide Construction and Forestry Division. “Deere believes that we enhance our service to customers when we manufacture products, when possible, in the market where they are sold."
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Police dog recovers stolen merchandise
A K-9 officer in pursuit of two suspected shoplifters was able to recover tools stolen from a Lowe’s store in Burlington, N.C., according to a report by the Burlington Police Department.
On Dec. 12 at 4 p.m., a Sears loss prevention officer notified police of a larceny in progress and provided a description of both the suspect and the getaway vehicle, a white Chevrolet Lumina. When police arrived on the scene, they observed the vehicle nearly strike a pedestrian before it left the Sears parking lot and crashed into a tree.
Arrested at the scene was Paul Scuderi, age 27, the registered owner of the vehicle. Police say they found $626.70 worth of stolen tools from a Lowe’s store in his car. Scuderi was charged with possessing stolen property and having an open container of alcohol in a vehicle. He was booked into county jail.
A second suspect, Christopher Richards, age 23, fled the scene of the accident and was apprehended a short while later, according to police. Richards was charged with larceny for allegedly stealing clothing and tools from Sears valued at $287.95, resisting arrest, and possessing $626.70 worth of tools allegedly stolen from Lowe’s. He was also booked into the county jail.
A third suspect also fled the scene and was pursued by police, sheriff deputies, and a K-9 officer. The police dog was able to recover some of the stolen merchandise, according to assistant chief Greg Seel.
“The dog was doing a track of the suspect and he found [the suspect’s] coat,” Seel told Home Channel News. “The coat had the merchandise in it.”
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Tis the season for shipping strategy
Holiday-season shipping policies have emerged as one of the big retail stories of the 2010 season. Here is a rundown of strategies — from free shipping, to free in-store-pickup — at a sampling of major home channel players.
The Home Depot
Homedepot.com is offering free shipping on more than 60,000 items ordered by Dec. 16. The big orange’s extended Cyber Monday sale has no minimum purchase to qualify for free shipping and includes free delivery and haul-away on most major appliances. Home Depot even includes a link to its new how-to community, with shipping deadlines to help customers get their purchases before Christmas.
Lowes.com is offering free shipping on orders $49 and more, up to 150 pounds (or 70 pounds for post-office box orders). Free shipping is limited to the contiguous United States, and must be $49 before taxes or fees are applied. The company is also advertising its “Buy online, pick up in stores” method, allowing customers to take advantage of online prices and sales with the convenience of in-store pickup. Customers who choose this method can pick their orders up within 20 minutes of ordering.
Amazon.com is hyping its typical Super Saving Shipping on orders over $25, but it’s taking it a step further, by offering a holiday shipping guide to help customers plan their holiday orders. For instance, customers who wish to take advantage of the Super Saving Shipping need to order by Dec. 17 to receive their orders in time for Christmas. Customers can use standard shipping up to Dec. 20, and can use the two-day shipping method up to 7 p.m. on Dec. 22. The site offers shipping methods for Dec. 23 and 24 as well, and even offers a solution for Christmas day shopping — an e-mail or printable Amazon gift card.
Ace Hardware, Do it Best, True Value
Generating store traffic is a goal for all three of the major co-ops. As such, all three sites, acehardware.com,doitbest.com and truevalue.com feature a free ship-to-store option. Designed to be convenient for the customer, the ship-to-store option provides retailers the chance to gain additional sales with additional accessories to customer orders, as well as impulse items.
Williams-sonoma.com is offering free shipping on more than 500 items until midnight Dec. 17. While mainly known for its selection of kitchen items, it is also a major player in housewares and small electronics. The free shipping sale includes more than 50 small kitchen appliances.
Sears.com is offering free shipping by category based on price point. For instance, tools, electronics, small appliances and lawn and garden orders qualify for free shipping once they total $99 or more, while apparel, accessories or beauty items ship free for orders of $49 or more. Shoes ship free with no minimum order. All three shipping methods are activated when customers type SANTA in the promotions box. Sears also offers free shipping on anything for 30 days if customers sign up for a 30-day free trial of shipvantage (normally $79 annually). And they can have their items shipped to their local store for free as well. All of these options end Dec. 17.
Menards.com is offering free shipping on select items, such as Levolor window treatments, area rugs, Bosch tankless water heaters, LaToscana faucets, and other select items throughout the website. Additionally, it is offering a free ship-to-store option on Mastercraft Doors. These deals expire Dec. 26.