Government bans sale of some Scotts products
Scotts Miracle-Gro, a supplier of lawn and garden products, said it received orders from U.S. environmental regulators prohibiting the sale and use of several products, including certain pesticides, according to a report from Reuters.
In a regulatory filing, the company said the U.S. Environmental Protection Agency (EPA) had issued “Stop Sale, Use or Removal Orders” on several of its products, including Season Long Max Weed and Grass Killer Plus Preventer, Weed B Gon Lawn Weed Killer and Ortho Roach Ant and Spider Killer.
“Scotts Miracle-Gro withheld these seven pesticide-containing products that were in the filing,” Scotts spokeswoman Carrie Butler told Home Channel News. “We have voluntarily withheld them from the shelves since June, when there were found to be problems with the labels. The EPA released the product names on Sept. 15 and is allowing us to sell these products after they have been re-labeled.”
Scotts Miracle-Gro said it does not expect delayed shipments of the affected products — which account for less than 1 percent of the company’s sales — to have a material impact on its financial results for fiscal year 2008 or fiscal year 2009.
However, the company expects costs related to all product recalls and known registration issues related to the ongoing investigation to range from $50 million to $55 million in fiscal year 2008 and about $10 million in fiscal year 2009.
Home Depot to slash prices
Home Depot will start cutting prices this week on as many as 1,200 items — from trash bags to toilets — as it kicks off its latest effort to boost sales in a down economy, the Associated Press reported.
Prices will be cut from 5 percent to 50 percent on about one out of every 25 items in the store. Home Depot didn’t reveal what the average reduction will be, but said the discounts will start showing up in stores this week and will last at least through the next quarter.
“We’re trying to gain market share in the process,” said Craig Menear, Home Depot’s executive vp-merchandising. “Absolutely, we’re trying to drive sales and productivity.”
The marked-down items include energy-saving devices, such as insulation and thermostats, and “project starters,” such as paint and toilets that are the building blocks for do-it-yourself tasks.
Deck’s Hardware turns 100
Deck’s Hardware in Ambler, Pa., marking its 100th Anniversary this year, received a “resolution of recognition” from Mayor Bud Wahl on Sept. 16 at the Ambler Borough Council meeting, the Ambler Gazette reported.
The hardware store, still at its original location at 27 N. Main Street, was opened in 1908 by Garnett Deck, an accounting student who had been working at a nearby hardware store to pay for his education.
One hundred years later, Garnett Deck’s son, Dawson “Tiny” Deck, 81, still runs the store, along with his sons, Tyler, 49, and Timothy, 44.