PPG Porter Paints unveils new color palette
PPG Porter Paints has launched the Nashville Color Collection, a new palette of 75 colors representing the shades of the Nashville landscapes. The palette combines the neutral colors in traditional bungalows with the bold shades of the area’s modern communities.
Every color has a story, including the musically inspired "Opry Gold" and "Glutch Green," inspired by the Glutch neighborhood, which is the first LEED-certified southern community.
"The palette represents the musical roots of Nashville with a mix of saturated, vibrant hues inspired by the city’s contemporary architecture to create a collection of colors familiar to the Nashville area," said Troy Harper, PPG Porter Paints color consultant, contributor to the palette and Nashville resident. "The colors in this collection allow homeowners to bring the inspiring shades that make the area unique into their homes."
Developed by local PPG architectural coatings representatives and color experts, the Nashville Color Collection is part of PPG Porter Paints Voice of Color Program.
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Sears Canada stores closing in three major cities
Sears Canada is closing three downtown stores in Vancouver, Calgary and Ottawa. The move follows an announcement last month by Sears Holdings, the majority owner of Sears Canada, that it will raise about $770 million by spinning off parts of its business and selling prime real estate.
“While we had no plans to close stores, the transaction for these three specific locations provides an attractive financial benefit for the company which strategically allows us to drive growth in areas which can be most beneficial,” said Calvin McDonald, president and CEO, Sears Canada Inc. We are investing in a refresh of our stores and piloting new formats which will provide Canadians exciting ways to access Sears products and services.”
Sears Canada plans to close locations at the Vancouver Pacific Centre, the Calgary Chinook Centre and the Ottawa Rideau Centre by Oct. 31, 2012. It will return the locations to developer Cadillac Fairview Corp Ltd for C$170 million. The transaction is expected to close on or around April 20.
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DIY pioneer: Home centers need to think again
Cologne, Germany — Does home center retailing need a new business model? One DIY pioneer thinks so.
Manfred Maus, who in 1970 founded OBI, which grew to become Germany’s largest DIY home center, spoke to Home Channel News at the 2012 Internationale Eisenwarenmesse – or International Hardware Fair – in Cologne, Germany.
“My children and my grandchildren will buy completely differently than we buy,” he said. “I think the home center concept is old. We need a new business model.”
Maus, now retired from OBI but keeping a close watch of the industry through various advisory positions, said technology advances will almost certainly have an impact on the development and transformation of a physical home center.
The person shopping for a lawn mower in a store has probably already shopped online and probably knows more about lawn mowers than any salesperson in the store, he said.
“That means the future is multichannel — you need both,” Maus said. “The customer comes with mobile Internet in your store and takes a little picture and asks his wife, ‘Do we buy it?’ And the price can be checked. This means the world is changing, and we have to sit down to find out what has to be done to have a home center for the future.”
Another discussion point: store size.
“The question is: Is 15,000 square meters (or 160,000 sq. ft.] still the right size for a home center?” Maus said. “Or can we use a smaller store and work with the Internet?”
Asked for his thoughts on products and opportunities for retailers, Maus mentioned security systems and security-related products as a can’t miss category if home improvement retailers do it right. There’s even an opportunity to partner in creative ways with law-enforcement authorities, he said.
Regarding U.S. retailers, the founder of OBI feels the merchandising magic might have slipped in America. “The European home center has the better merchandise concept,” Maus told Home Channel News. “Years ago, I was always impressed about retail merchandising in the United States. Today, I feel [Europeans] have more know-how in presenting the merchandise in specialty stores.”
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Manfried/OBI comment He's right on - smaller "showroom" stores with on line ordering. Less real estate, smaller buildings, less employees, less inventory, less maintenance/utility. taxes costs - and the beat goes on. Probably would add up to LARGER PROFITS, as less is more.
I would also have to agree
I would also have to agree that we are lost on how we are merchdising our displays after 30 years in the business there is not much excitement on displays