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Shoplifter of the month: caught in Indiana

BY HBSDEALER Staff

Aroutine highway stop over an expired license plate resulted in the arrest of an Arizona man and the recovery of several hundred circuit breakers stolen from Home Depots in five states.

Charles Wang, 51, was arrested Sept. 2 by members of the Pro Active Criminal Enforcement (PACE) Team. He was driving along Interstate 70 in Indiana with expired plates and a suspended driver’s license, according to authorities.

PACE officers said they discovered “several hundred electrical circuit breakers” stolen from more than 20 Home Depot stores in Indiana, Ohio, Michigan, Illinois and Utah. Several hundred more circuit breakers were found at another location. Investigators believe the stolen merchandise is valued at $70,000.

Wang has been arrested seven times for shoplifting at Home Depot stores all over the country, according to a PACE team spokesman.

Wang, charged with a felony count of racketeering, faces a four-year prison sentence. Authorities claim he systematically stole, and then resold, the circuit breakers to other retailers.

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Inside the home

BY HBSDEALER Staff

Consumer research from The NPD Group connects the dots of appliance ownership in its most recent report, “Inside the Home: Appliances We Own & Use.”

According to the report, ownership in the major appliance category over-indexes among those who also own their home. However, homeownership does not fully predict who owns these products, nor who has recently purchased them. While one in four homeowners indicate having purchased a major appliance in the past 12 months, one in five renters have as well.

Here are some of the key findings: 

• Small kitchen electrics: The most owned and purchased products are often considered traditional countertop appliances, such as toasters, coffee makers, electric can openers and toaster ovens.

• Home environment appliances: The products used most often are those within the water filtration category, followed by upright vacuums. Close to half of upright vacuum owners are using their product once a week or more often.

• Hair appliances: Hair straightener owners are most likely to own other hair care appliances. Three-quarters of hair straighteners owners also own a curling iron or brush. The likelihood of a curling iron/brush owner to own a straightener is far less likely at 46%, however, a significant figure.   • Americans who have a refrigeration filtration system are least likely to own a pitcher, pour-through water filtration, or a faucet-mount device — just 18% and 15%, respectively.

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True Temper sale completed

BY HBSDEALER Staff

New York-based Castle Harlan announced it has completed the sale of Ames True Temper to Griffon Corp. for $542 million.

“Our five-year plan for Ames True Temper Inc. was to expand the business, increase market share in the U.S., create international exposure and broaden product lines for distribution through our pipeline. We have done that and are pleased with the results. We wish the company continued success as part of the Griffon family,” said Castle Harlan co-president William Pruellage.

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