Menards fined for illegal dumping
The Wisconsin Department of Justice has ordered Menards Inc. to pay $30,000 in forfeitures, court costs and attorney fees for illegal hazardous waste disposal at its store in Onalaska, Wis.
According to a press release, the incident happened in January 2007 when a pallet of containers of herbicide were allowed to freeze and crack open. Instead of properly packing the leaking containers into leak-proof containers for safe and legal disposal, Menards staff illegally disposed of the herbicide by dumping it onto a snow-covered island in the parking lot in front of the Onalaska store, the state’s Attorney General said.
In addition to the $30,000 fine, the home improvement retailer retained a consultant to perform an investigation of the site where the herbicide was disposed. Menards has also sent a posting to all of its store managers to remind them that all staff must comply with appropriate measures for packing and disposal of any defective or damaged containers of pesticides or herbicides.
Hillman Group acquires Servalite
Cincinnati-based The Hillman Group purchased East Moline, Ill.-based Servalite, distributor of residential fasteners and related products and said it will promote the Servalite brand as Hillman’s "premium line of refillable assortments and electrical parts."
Servalite was founded in 1979 by Tom and Jennifer Rowe, who will remain in their current roles with Servalite. Annual revenues in 2009 were more than $20 million, according to the release announcing the acquisition. Terms of the deal were not disclosed.
"This acquisition joins two great brands and allows our customers to take advantage of best practices from two industry leaders," said Tom Rowe.
Hillman said the acquisition strengthens its position in specialty fasteners and electrical parts, according to the company’s release.
Hillman CEO Max "Mick" Hillman Jr. said: "Over the last 31 years, Hillman has admired Servalite’s flexible programs, excellent customer service, innovative new products and talented employees."
In May 2010, private equity firm Oak Hill Capital Partners and Hillman’s management team formed a partnership to acquire Hillman.
RILA names two new board members
The Retail Industry Leaders Association (RILA) announced the addition of two new members to its board of directors following the board’s semi-annual board of directors meeting Jan. 16 in Sarasota, Fla.
Newly named to the RILA board of directors were Bill Simon, president and CEO of Walmart Stores, and Steven Preston, president and CEO of OakLeaf Waste Management. Simon replaces Eduardo Castro-Wright, Walmart vice chairman and president and CEO of Global eCommerce and Global Sourcing.
"We are honored to welcome Bill Simon and Steve Preston to the RILA board and look forward to their future involvement," said RILA president Sandy Kennedy. "The collective expertise of this distinguished group of retail executives provides RILA with unparalleled insight into the industry’s most important issues and ensures RILA is positioned to advocate strongly on their behalf.
RILA focuses on issues related to work force, supply chain, finance, asset protection and issues that span the entire retail enterprise, including sustainability and privacy.