Scotts Miracle-Gro announces changes to board
Shareholders of Scotts Miracle-Gro have elected Adam Hanft to the company’s board of directors during their annual meeting, and re-elected three members of the board for a term that expires in 2013.
Hanft, who replaces retiring board member Patrick Norton, is the founder and CEO of Hanft Unlimited, a New York-based marketing organization. He has served as a member of the company’s Innovation and Technology Advisory Board for the past six years.
“We are excited to have Adam as an addition to our board,” said Jim Hagedorn, chairman and CEO. “His strong background in consumer marketing, as well as his working knowledge of the company, will allow him to share critical insight with us as we look to continue growing our business.”
Re-elected to the board were Mark Baker, president and chief operating officer of Scotts; Joseph Flannery, former president and CEO of Uniroyal Holding; and Katherine Hagedorn Littlefield, chair of Hagedorn Partnership.
In addition, shareholders ratified the Audit Committee’s selection of Deloitte & Touche as the company’s independent registered public accounting firm for the fiscal year ending Sept. 30, 2010.
Weekly Circular Roundup
Theme of the week: A mixed bag
It’s an interesting week for hardware circulars. Home Depot is bathroom-centric with deals on vanity combo units, faucets, toilets and baths. Menards is focusing on entryways and portals, with sales on many different styles of doors and windows, including garage doors. Sears Hardware is showing a virtual grab bag of hardware and tools — a little bit of everything — but with a front page devoted to storage.
Sears Hardware is featuring a 19.5-in. toolbox for $3, a steal compared with its regular price of $15.99. Home Depot is featuring a Glacier Bay vanity with cultured marble top for $39. Menards has a six-panel pre-hung steel entry door for $97.
The Skinny: The end of Lowe’s online weekly ad?
Lowe’s online site has a new fresh look for 2010. Moving away from the department list on the left side of the page, shoppers now see a colorful department display across the screen, complete with product pictures. The Web page also dedicates a large space at the top to a category focus — currently home storage and organization.
But more than cosmetics, Lowe’s is trying out a new online feature: Customers can order and pay online and pick up their items at their local store within 30 minutes of completion.