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New Product Showcase: Coast Rechargeable LED Flashlight

BY HBSDEALER Staff

 Sponsored by the National Hardware Show

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Olympia clamps down on cancer

BY Ken Clark

Attendees at the 2013 National Hardware Show in Las Vegas will have the chance to put test a vise grip will contributing to a worthy charity in a program called “Clamping Down on Cancer.”

The 5-in. Ultra Quick Adjust vise will be pitted against a regular vise in a friendly competition for charity. Olympia Tools will donate $100 to City of Hope for cutting-edge cancer research in the name of anyone who participates in the vice "race.” 

Olympia Tools’ new Quick Adjust vise has several innovative features, whether for use in the garage or on the job site. The vise comes with a set of four replaceable jaws for a variety of applications. A quick-release button unclamps the jaws in a fraction of a second. The heavy-duty base turns effortlessly on a 360-degree swivel, while the durable anvil surface is excellent for hammering raw material into shape. Taken together, these features push the tried and true workshop vise into new territory.

"This year’s National Hardware Show is a big stage, so we’re excited to take the opportunity to promote not only our great line of products, but also a great cause: City of Hope,” said Olympia Tools’ Tony Lee, VP sales and marketing. “We invite anyone attending the show to stop by our booth and get some hands-on experience with our Quick Adjust Vise, all while raising money for City of Hope’s breakthrough medical research." 

City of Hope is a nationally recognized Comprehensive Cancer Center focused on creating new therapies for chronic disease. Olympia Tools hopes to raise $10,000 for City of Hope’s cancer research initiatives. 

“As City of Hope continues to work diligently to find cures and new innovative treatments for cancer, diabetes and other life-threatening diseases, it is the philanthropy of companies like Olympia Tools and its associates and customers that provide the funding for our research. Your support will help our scientists and physicians quickly translate laboratory treatments into ground-breaking discoveries,” said Al Olson, senior director of development, City of Hope. 

The "Clamping Down on Cancer" event will take place at Olympia Tools’ booth (#5941 in Central Hall) on Tuesday, May 7, between 2 p.m. and 4:00 p.m.

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AHMA sales survey holds steady

BY Ken Clark

A survey of members of the American Hardware Manufacturers Association (AHMA) shows more than half are ahead of year-ago sales levels

The AHMA’s survey for April found that comparing current sales levels with year-ago levels, 56% of respondents said sales were higher in April versus year-ago levels.

The 56% figure is down slightly from March, when 58% said sales were higher than the year-ago period.

Also for April, 25% reported sales were even, and 19% said sales were below year-ago levels. 

AHMA CEO Tim Farrell pointed to the relatively weak home improvement retail sales, based on government data. “Sales of home improvement products through retail channels in the U.S. are up about 2.6% on an adjusted basis this year versus last year, according to data compiled by the Department of Commerce. Total retail sales for all kinds of businesses are up 3.7%. These figures illustrate why many of our members continue to struggle to attain the robust sales levels they have enjoyed in past years.” 

Looking forward one year, 56% of respondents project sales will be higher, down from 79% who felt that way in March. 

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