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Simonton employees support cancer research

BY HBSDEALER Staff

Employees of Columbus, Ohio-based Simonton Windows have joined together to raise $56,000 for two different charities benefiting cancer research.

As part of Pelotonia 2013 in Columbus, Ohio, Team Simonton raised almost $15,000 this month for cancer research at The Ohio State University Comprehensive Cancer Center. And, in May, associates at Simonton facilities in West Virginia raised $41,000 for the American Cancer Society during the 12th Annual "Relay for Life" Charity Auction. 

Ten associates from Simonton Windows participated in the fifth annual Pelotonia bike ride in Columbus in early August. The dedicated team members traveled several hundred miles combined on different routes throughout the city to help raise funds for cancer research at The Ohio State University Comprehensive Cancer Center. 

On May 4, Simonton Windows hosted its 12th annual auction to benefit the American Cancer Society and raised $41,000 by selling more than 600 energy-efficient Simonton windows and doors. During the past 12 years, the charity fundraiser has generated more than $405,000 in contributions for the Relay for Life fundraising efforts in Ritchie and Pleasant Counties in West Virginia.

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HCN Stock Watch: Recovery in full force

BY HBSDEALER Staff

Tuesday’s stocks bounced back with nearly unanimous gains after a days-long slump; Home Depot was the only one in the red with a 1.22% lag.

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Depot’s top merchant points to sales wins

BY Ken Clark

The Home Depot saw positive comps in all of its departments during the second quarter, which was described by executives as one of the best quarters in the company’s recent history.

Craig Menear, executive VP of merchandising pointed to four key factors for the success: strong summer events, a recovering seasonal business, commodity inflation and strength across the remainder of the store.

Some areas did better than others. During the company’s second quarter earnings call, Menear listed those departments that scored double-digit positive comps: kitchens, indoor garden, lumber, outdoor garden, lighting, electrical and flooring. 

"Our seasonal business exceeded our plan as spring finally kicked into gear in the second quarter," he said. 

There was also good news on the big-ticket front. Strong sales in appliances,riding mowers, flooring and pro business pushed transactions for tickets over $900 up 15.5% in the quarter. These big ticket sales represent about 20% of Home Depot’s U.S. sales. 

Looking into the third quarter, Menear called out several products that will play into its innovation at retail approach to merchandising: Behr Premium Deckover wood and concrete coating, LED 90-watt equivalent flood lights from Cree and DAP Smartbond adhesive foaming gel for pro customers.

Also for the pro, Menear mentioned Homedepot.com will offer a new line of fully welded Husky steel cabinets. 

 

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