Recall alert: Ryobi portable saws
The U.S. Consumer Product Safety Commission announced a voluntary recall of Ryobi RTS20 portable table saws. The saws were made in China, distributed by Anderson, S.C.-based One World Technologies and sold at Home Depot.
According to the CPSC, the saw blade on the motor carriage could be misaligned, posing a laceration hazard.
The recall involves about 21,500 RTS20 Ryobi ten-inch, portable table saws. They were sold exclusively at Home Depot in the U.S. and Canada from July 2010 through October 2010 for about $200.
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Home Depot fine tunes internal communications
Pointing to the power of technology to improve communications to frontline employees, Home Depot EVP of U.S. Stores Marvin Ellison described a tool called "My Success" during the company’s recent investor and analyst conference.
Ellison pointed to an example of how it will work in the store, once a department supervisor logs into the system: "If I were a hardware department supervisor, I would get a daily communication from the hardware merchant, making me aware of any product or promotion ideas that were coming online."
The daily note will also push out key sales and profit measurements specific to the department, and specific daily projects that might be required by the operations team.
"In the past, the only method for getting a message to the frontline hourly associates was to send a blanket e-mail or to push a report to them," Ellison said.
The My Success tool is an example of the company’s effort to leverage technology to improve efficiency and service, he said.
It would be even a greater
It would be even a greater 'success tool' if they'd use this kind of technology to communicate with customers and shoppers as they enter the store, through an aplication connected to the shoppers' smartphones.
At Pier 1 Imports, double-digit positive comps
Posting its fifth consecutive quarter in the black, Fort Worth, Texas-based Pier 1 Imports reported third-quarter sales of $353.8 million, up from $327.1 million in the same three months last year.
Comp-store sales for the quarter increased 10.2%.
"With sales and margins exceeding our expectations and the overall leveraging of expenses, we are reporting net income for our fifth consecutive quarter," said Alex W. Smith, president and CEO.
The company posted net income of $21.0 million, down from $38.8 million in the same quarter last year.
Merchandise margins for the first nine months were 58.6% of sales compared with 54.4% of sales in the same period last year.
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