Stanley rolls out new logo
Stanley Black & Decker rolled out a new logo. It’s still yellow and black. It still spells "Stanley." But it represents a new brand identity for the iconic tool brand and diverse industrial company.
“Stanley has undergone a tremendous transformation in the past 15 years,” said John F. Lundgren, chairman and CEO. “The brand now participates in a vast array of markets, from health care and security to engineered fastening and oil pipeline services to hand tools and power tools. We wanted a logo that truly represented the size and scope of the brand.”
The Stanley brand is 170 years old.
Working with global brand strategy and design consultancy Lippincott, the company came up with a new brand positioning that it describes as "Performance in Action."
The new logo is described as "more dynamic" and "an upward arrow-like triangle that speaks to the concept of ‘action.’ "
“Through our research and creative work with Lippincott, we were able to mine the common core of all of our Stanley-branded products and businesses,” said James M. Loree, president and chief operating officer. “That common thread is excellence in performance. Whether it is the tool a professional relies on, a security system that a school relies on or a pipeline service that an industry relies on, Stanley means performance.”
“In 170 years, we’ve had three basic logos,” said Scott Bannell, VP corporate brand management. “I believe that this new logo has the strength and power to carry us for decades to come.”
The last time the company modified the Stanley logo was 1995, continuing an evolution that has progressed for nearly two centuries.
PEOPLE IN THE NEWS: Sandra Whitehouse
Toano, Va.-based Lumber Liquidators, the nation’s largest specialty retailer of hardwood flooring, appointed Sandra C. Whitehouse as senior VP and chief human resources officer.
Whitehouse, who is expected to begin her new role later this month, will oversee the development and operation of the company’s human resources functions, and will report directly to CEO Robert Lynch.
Whitehouse most recently served as chief human resources officer for Earthbound Farm, where she functioned as a strategic business partner to the CEO and senior leadership team. Previously, she led the human resources department at Orchard Supply Hardware, and has also held various human resources and store operations roles at Sears Holdings over a 24-year period.
"We are extremely pleased to have a professional of Sandy’s caliber join our Lumber Liquidators’ team," said Lynch, in a press release announcing the news. "Sandy is a seasoned executive with more than 35 years of experience in the retail industry and has demonstrated leadership across all human resources functions, from talent acquisition and organizational development to compliance, compensation and benefits administration."
Rallying against patent trolls
The Retail Industry Leaders Association (RILA) issued the following statement in response to the White House plan to rein in the activities of patent trolls. Retailers have increasingly become ensnared by frivolous lawsuits brought by patent trolls filed with the singular intent of generating settlements.
“We welcome President Obama’s focus on this important issue. Increasingly, retailers are forced to defend themselves against infringement suits simply for using off-the-shelf products that incorporate patented technology,” said Bill Hughes, senior VP government affairs. “The prospect of costly litigation to resolve even the most dubious of claims enables patent trolls to generate settlements that neither reflect the intent of the law nor the actual value of their claims. Meaningful action must be taken to rein in this abusive practice.”
According to the National Retail Federation (NRF), retailers have seen an increasing number of patent lawsuits in recent years, and about 40% come from litigants known as “patent trolls.” The “trolls” are firms whose business model focuses on buying obscure patents for things they didn’t invent, then threatening to sue companies that use the technology involved unless they pay a licensing fee. The threats often involve technology or practices users don’t realize are patented, and aren’t clearly linked to the patent in question. Of cases that make it to trial, patent trolls lose more than 90% of the time. But the cost of defending against the claims is so high — the average case costs $2 million and can take 18 months — that many victims settle out of court. The cases cost legitimate businesses close to $30 billion a year.