EDRA points to new members, including Lowe’s
The European DIY-Retail Association (EDRA) added seven new members in 2011, bringing the latest tally to 92 home center companies.
In its end-of-year message, EDRA General Secretary John W. Herbert, described the day-to-day routine of the group, now in its second year as an independent association. "We are heavily involved at our Cologne office dealing with the increasing number of network inquiries from our members, which include company and store visits, statistics, best practices and trends."
Among the new members was Mooresville, N.C.-based Lowe’s, which joined EDRA’s Global Home Improvement Network (GHIN) in 2011, along with RONA (Canada), EASY (Chile), JSC Start (Russia) and Tekzen (Turkey). Other new members to join EDRA in 2011 were Comeos (the Belgian Association) and Praktis (Bulgaria).
The EDRA pointed to the 2nd European Home Improvement Forum in Paris May 31 to June 1. The association is expecting more than 500 executives from all over Europe to attend. Gille Caille, president of Unibal and co-founder of fediyma, will receive a Lifetime Award during the forum.
Canadian Tire adopts Vendor Management System
Toronto-based Canadian Tire Corp. has implemented a Vendor Management program from Soft Solutions, a provider of global intelligent retail systems.
The deployment of the ibs Referential Vendor Management solution started with ibs pricing and ibs promotions, followed by the deployment of the full version of ibs referential for retail organizations and product management (PIM, MDM).
The project will continue during the first quarter of 2012 with the deployment of ibs datasync to optimize electronic data exchange with their vendors.
The retailer’s goals are to guarantee purchasing system transparency, optimize daily cost management and simplify vendor contract management.
Soft Solutions is based in San Bruno, Calif.
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Microban acquired by WM Barr & Co.
Microban International, makers of an anti-microbial agent used in the manufacture of many consumer products, has become a wholly owned subsidiary of WM Barr. Terms of the deal were not disclosed.
WM Barr is a global, branded products company providing specialty cleaning products to consumer, commercial and industrial customers in the home
improvement, household, automotive and industrial markets. WM Barr brands include Goof Off, Mold Armor, Klean-Strip, Damp-Rid and Aegis, used in ammonium-based antimicrobial compounds for textiles and footwear. The 100% employee-owned company was founded in 1946 and is headquartered in Memphis, Tenn.
The acquisition of Microban International, the global leader in built-in antimicrobial protection, is part of WM Barr’s strategic effort to bring advanced materials protection products to both the professional and consumer markets.
“We’re very excited about the opportunity to help grow and expand the Microban brand into new channels and categories, as well as the complementary synergies for the Microban and Aegis businesses in the textile category,” said Rich Loomis, CEO of WM Barr.
“The transaction is an important step forward in the growth of Microban, creating new market opportunities for both companies” said David Meyers, CEO of Microban International. “We would like to reassure our partners that there will be no disruptions to normal business and that they will continue to receive our full support and commitment.”
The headquarters for Microban International will remain in North Carolina and will operate as an employee-owned independent subsidiary under the current management team.
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