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Johnson Hardware adds bronze color option

BY HBSDealer Staff

Johnson Hardware has added to its popular Series 2610 Wall-Mount Hardware line with the addition of a new Bronze color option.

The expanded line is now compatible with a broader range of design profiles and decorating styles.

The Series 2610FB hardware, which has an "outside-mount" track that can support one or two doors along a sliding mechanism, is also available in aluminum.

Series 2610FB can save up to 14 sq. ft. of living space normally taken up by traditional doors that swing open and closed.

The top-hung system is easy to install and can serve as a user-friendly alternative in spaces where installing pocket doors is not possible. The heavy-duty ball bearing "tricycle" hangers distribute the weight equally and allow for smooth, seamless operation.

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New wrinkle for Angie’s List: loans

BY HBSDealer Staff

Indianapolis-based Angie's List will soon offer small business loans.

The website that provides a local services marketplace and consumer reviews announced plans to team with On Deck Capital to offer financing to its service providers.

As part of this agreement, service providers on Angie’s List will have access to OnDeck’s loans for up to $250,000. Qualifying service providers can use their loans to invest in their business’ growth, manage cash flow or finance their Angie’s List subscriptions.

"We are focused on providing convenience and value to service providers as they grow their businesses and we are excited to work with OnDeck to help make that happen,” said Tom Fox, Angie’s List chief financial officer. “As a result of this relationship, service providers will have access to a leading small business lender and seamless customer service experience.”

Service providers on Angie’s List who apply to OnDeck will have access to business term loans up to $250,000 and business lines of credit up to $20,000, and can start applying for OnDeck financing today. Interested parties should contact their Angie’s List advertising account manager.

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Here are the remaining stores in Sears’ Primark agreement

BY HBSDealer Staff

Sears Holdings has announced the two remaining store locations under its Primark lease agreements entered into late last year.

The locations include one at the Burlington Mall in Burlington, Massachusetts; and South Shore Plaza in Braintree, Massachusetts.

"Sears Holdings continues to strategically transform its real estate portfolio by working with leading retailers such as Primark and mall owners," said Jeff Stollenwerck, president of Real Estate for Sears Holdings. "Primark will bring increased customer traffic to each of these malls and dramatically enhance the retail shopping experience as we rationalize our selling space to improve the productivity of our stores."

Sears — and the detached Sears Auto Center — will continue operating in the Burlington Mall's lower level, spanning about 196,000 gross sq. ft. Primark will lease approximately 73,000 gross sq. ft. on the second level of the mall.

In the South Shore Plaza location, Sears and the Sears Auto Center will continue operating on the lower and second level on about 138,000 gross sq. ft. Primark is leasing 71,000 gross sq. ft. on the mall's second level.

The company had previously disclosed five of the seven standalone stores it was entering lease agreements with Primark for, all of which are located in the Northeastern U.S.: Danbury, Connecticut; Freehold, New Jersey; King of Prussia, Pennsylvania; Staten Island, New York; and Willow Grove, Pennsylvania.

Sears will maintain a retail presence in both of the aforementioned Massachusetts malls.

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