Menards is expanding in Missouri
Menards is planning to open a 162,320-sq.-ft. store in St. Peters, Mo., this spring, according to an article in the Granite City Press Record.
St. Peter will be the first Menards store in St. Charles County, although the Eau Claire, Wis.-based home-improvement chain is also building units in nearby Manchester and O’Fallon, Ill., according to the article.
"We think very highly of this area and believe it’s a wonderful market with Midwestern folks and values," company spokesman Jeff Abbott wrote in an email to the newspaper. "We’re a small, family-run Midwestern company that shares these same beliefs and values. We felt the great people of (St. Peters) desperately need a better choice for home improvement products."
Menards stores are nearly double in size and offer 40% more products in-store compared with Home Depot and Lowe’s, Abbott said. Construction has already begun on the St. Peters store, which is situated on a 26.7-acre parcel. Menards also owns four other lots, ranging from 1.6 acres to 2.2 acres, within the development site and hopes to sell those to other businesses.
Weather Trends retail forecast
WTI expects October 2012 to be the coolest in three years, but still warmer than what is typical for this time of year. After a very warm start to the month on both coasts, colder weather will overspread much of the nation with the exception of the Southeast. October 2012 will be drier than last year with much less snowfall. Recall that an unusual early season snowstorm walloped the Northeast last year with up to 3 ft. of snow late in the month. Demand for snow removal products, such as snow blowers and shovels, will be weaker this year in the Northeast with demand for snow products confined to the Rockies.
The wettest area will be in the center of the nation with isolated severe weather in the South Central states during the middle of the month. Drier weather in the East and West will benefit seasonal outdoor DIY projects and lawn maintenance categories such as rakes, tarps and leaf blowers. Severe weather in the South Central states would increase demand for cleanup supplies. Wetter weather in the Central states will drive demand for seasonal grasses, mainly in areas affected by the summer drought where lawns are in need of reseeding. Cooler Octobers are often associated with less hurricane activity, but if any storms do threaten the United States, the highest risk for landfall will be along the Gulf Coast.
Having an outdoor party, wedding or just curious what the weather will be 11 months from now? Visit wt360.com for city-specific forecasts a year ahead.
European firm acquires Method cleaning products
Belgium-based cleaning brand Ecover said it has created the world’s largest green cleaning product company with the acquisition of San Francisco-based Method.
The acquisition will expand Ecover’s distribution network across Europe, the United States, Asia and Australia. Collectively delivering sales of $200 million and employing around 300 staff, Ecover and Method will continue as separate brands with a shared ambition to bring as many new consumers as possible into the green cleaning and personal care market, the company said.
Ecover CEO, Philip Malmberg, said, "With the acquisition of Method, we are acquiring much more than just a brand. This is the start of a fantastic, long-term partnership with a company that has a track record for innovation, an unwavering commitment to green products and a professional team with a real passion for what they do."