News

Shoplifter abandoned by friends

BY HBSDEALER Staff

Aman who fled a California Home Depot with stolen merchandise was met by uncooperative friends and a locked getaway car, according to a report by the Turlock Police Department.

The incident happened just before noon on July 19 inside a Home Depot in Turlock, Calif., 60 miles east of San Jose. Store security tried to stop a suspect who stole some merchandise, the report said, but the suspect fled the store after punching an employee. He ran to a car in the parking lot where his friends were waiting.

“[They] had no idea this was going on,” a Turlock police spokesman told Home Channel News. “But they saw that loss prevention was hot on his trail.”

The friends then locked the car doors and refused to leave the parking lot. The suspect fled on foot.

No arrests have been made, but the police have identified a “person of interest” after interviewing the people in the car. “There’s more follow-up to be done,” the spokesman said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Piedmont Lumber to close

BY HBSDEALER Staff

Piedmont Lumber Co., an Oakland, Calif., LBM dealer founded in 1934, auctioned off trucks, office equipment and fittings last week at its Pittsburg store and lumberyard, ending the company’s final chapter in San Francisco’s East Bay.

Piedmont closed its Pittsburg location about 10 months ago, and the Walnut Creek store burned in a March 13 fire; the cause remains under investigation.

The original Oakland store was sold in April to Economy Lumber of Oakland, a competitor.

According to the Contra Costa Times, owner Bill Myer Jr., the son of the founder, will continue to operate a Piedmont Lumber store in Lake County.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Whirlpool reports strong second quarter

BY HBSDEALER Staff

Benton Harbor, Mich.-based Whirlpool reported a second-quarter net income of $205 million, up 163% from $78 million as reported for the same quarter last year.

Sales for the quarter ended June 30 were $4.53 billion, up 9% from $4.16 billion as reported for the second quarter of 2009.

Regionally, the company reported North American sales increased 6% to $2.5 billion. European sales decreased 6% to $739 million for the second quarter, while Latin American sales increased 24% to $1 billion, and sales in Asia increased 43% to $263 million.

“We made strong progress toward our long-term value creation goals during the second quarter,” said Jeff Fettig, chairman and CEO of Whirlpool. “Global unit volume growth combined with our ongoing productivity improvements enabled us to expand our operating margins and accelerate profitable growth.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?