Langula Hardware closes
Langula Hardware, a 96-year-old dealer in St. Paul. Minn., shut its doors on Dec. 3, according to an article in the St. Paul Pioneer Press. The store succumbed to repeated offers from the county redevelopment agency, the newspaper said, and finally agreed to sell the property.
Other factors that came into play include competitive pressure from a nearby Menards, which expanded four years ago and has eroded sales. Third-generation owner Gary Langula also said he decided last year to stop selling snow blowers and lawn mowers, a big part of the store’s business, after increased demands from Toro.
Sears.com features sale on all tools
Hoffman Estates, Ill.-based Sears is placing all of its online tools on sale through a promotion called “Wow now!”
Customers received the news in their email inboxes Friday, as well as through Facebook, announcing an overstock on select tools with savings up to 75% off.
By clicking on the newsletter customers are brought to the company’s website, which reads “Better hurry! Prices so low, you may never see them again.”
Stanley Black & Decker to present at BoA conference
New Britain, Conn.-based Stanley Black & Decker President and CEO John Lundgren will present at the Bank Of America Merrill Lynch Global Industrials Conference on Wednesday, Dec. 15th, 2010 at 1:25 pm eastern standard time.
The webcast will be available on the company’s website.