Menards opens another unit in Minnesota
Home improvement chain Menards continued its Midwest expansion with a March 28 soft opening in Marshall, a town in southwestern Minnesota, according to an article in the Marshall Independent. The grand opening is scheduled for this week.
Site preparation and construction for the store had been going on since August 2008, the article said.
Menards is also hoping to open a store in Bemidji, Minn., this spring.
Few consumers recycling CFLs
The vast majority of consumers are not recycling their compact fluorescent light (CFL) bulbs, and the result is tons of mercury released into the environment, according to an article in the Contra Costa Times. Statistics provided by the Association of Lighting and Mercury Recyclers estimate that only 2% of consumers and one-third of businesses recycle CFL bulbs.
Each CFL bulb contains up to 5 milligrams of mercury, a potent neurotoxin. When not recycled, these bulbs usually end up in landfills where, along with discarded fluorescent lights, they release into the atmosphere and in storm water runoff upward of 4 tons of mercury annually, according to a study in the Journal of the Air and Waste Management Association.
By federal mandate, incandescent lights will be phased out in the United States by 2014. Most are being replaced by energy-efficient CFLs, as well as the pricier halogen and LED bulbs.
Home Depot, Ikea, Lowe’s and many Ace Hardware stores, among other retailers, offer free fluorescent light recycling.
Industry Dashboard for April 4, 2011
The March unemployment rate shaved a tenth of a percentage point, but the March consumer confidence index shaved even more.
The Labor Department’s official unemployment rate fell to 8.8% from 8.9%. The Conference Board’s Consumer Confidence index, however, fell to 63.4 in March, compared with 72.0 in February.
The Home Channel Stock Roundup is paced by Tractor Supply, which continues to show big gains of stock prices from a month ago and a year ago. For the second week in a row, all 10 stocks tracked are in the top right quadrant of the grid, indicating share price growth.