Trex unveils Tiki Torch color
Winchester, Va.-based Trex Company expanded its Trex Transcend decking collection to include a new, variegated light brown color called Tiki Torch.
The earthy shade features reddish-brown hardwood streaking and is designed to complement both the two existing tropical-inspired Transcend shades and the five classic Transcend hues.
Like all Transcend decking options, Tiki Torch features a combination of superior durability, low-maintenance and eco-friendly qualities.
“With the addition of Tiki Torch, we’ve enhanced our spectrum of tropical-inspired colors that provides homeowners with greater design flexibility and our professional partners with additional opportunities for sales growth,” said Ron Kaplan, chairman, president and CEO of Trex.
RILA urges reconciliation at the ports
In light of the postponed negotiations between the International Longshoremen’s Association and the United States Maritime Alliance, the Retail Industry Leaders Association (RILA) sent a letter today, urging the two parties to continue negotiations in order to reach a contract agreement before the Sept. 30 deadline.
“As negotiations falter, retailers are urging both sides to get back to the negotiating table and avert what would be a disastrous strike this fall. A disruption of this magnitude would be devastating to the retail industry and would have severe consequences for the U.S. economy,” said RILA president Sandy Kennedy.
The potential strike would affect 14 East and Gulf Coast ports, which would force retailers to redirect their supply chains during the crucial period before the holiday shopping season. The disruption would impact the entire industry during a peak shipping season and seriously impede the flow of commerce. Supply chain changes of this magnitude are undesirable to retailers due to the time they take to both implement and reverse.
“We understand the negotiations themselves have many complicated components that need to be addressed, but we’re also aware of the potential short- and long-term consequences that will occur if cargo is diverted from the East and Gulf Coast ports,” Kennedy said. “The negative impact a strike would have on retailers and our overall economy cannot be overstated.”
Hurricane Isaac plows ahead in the Gulf
A slow-moving Hurricane Isaac is bad news for the people of the Gulf Coast, according to Thursday morning weather reports.
By one estimate, Isaac could cause as much as $1.5 billion in insured losses. Nearly 650,000 people in the area are without power in the Gulf region and Arkansas.
Retail companies and distributors have mobilized.
At Shreveport, La.-based distributor HDW, emergency procedures were implemented that included pre-event deliveries into storm areas earlier this week.
“Truckloads of generators were delivered to our customers as late as 2 a.m. Wednesday morning,” said Kenny Beauvais. “They all had customers in line to purchase units as they were being unloaded.”
Yesterday the distributor was preparing special deliveries for retailers that were expecting to reopen.
Yesterday, a Lowe’s spokeswoman told Home Channel News that 22 stores had been closed in southeast Louisiana and southern Mississippi. “These stores will re-open as conditions improve and it is safe for employees to re-enter our stores,” the spokeswoman said.
Lowe’s has moved more than 500 truckloads of products to support areas from southern Florida to Louisiana.
The Home Depot also adjusted hours — shortening some stores and extending others — as a result of the storm. The company set up an Isaac Operations Update page.
The page says: “While it is our goal to remain open to serve the needs of impacted communities, we operate with the safety of our customers and associates first.”
An evacuation order remained in place for the location in La Place, La., according to the update page.
"We’ve dealt with this storm from our stores in USVI, St. Thomas, Puerto Rico, and our response plan ran very smoothly," said a Home Depot spokesman.