Women willing to spend more on eco-products
Women are more interested in green products than men are (by 57 percent versus 47 percent), according to the latest research results from the NPD Group. And women are willing to pay more for eco-friendly products. On the other hand, more men than women say that they are well-informed on the topic — which begs the question: Why do men say they know more but care less?
“While men may be well-informed and have less interest in the category than women, the question to ask is why,” said Mark Delaney, director of NPD Group’s home division, in a press release. “Is it the fact they are well-informed that is making them less interested, or is it a case where they don’t know what they don’t know?”
But while the gender differences are significant, general interest in green products — across demographic boundaries — is high. More than half of those surveyed think of themselves as extremely or very interested in green products. Recycled product use is high, at 65 percent, and about the same portion of those surveyed say they use CFL bulbs.
Another key finding in “Green 2008: Consumer Attitudes and Behaviors:” Green shoppers want energy-efficient items that save money. That suggests energy efficiency may be an easier sell than protecting the environment.
As part of its report on green, the NPD Group identified the top five environmentally friendly products consumers are currently using. They are: • Recycled products (65 percent); • CFL bulbs (64 percent); • Energy Star appliances (60 percent); • Rechargeable batteries (50 percent); and • Organic soap, detergent or household cleaners (26 percent).
The research also identified five top environmentally friendly products that consumers plan to use in the future: • Hybrid automobile (35 percent); • Recycled products (19 percent); • Organic soap, detergent or household cleaners (18 percent); • Energy Star appliances (16 percent); and • Organic beauty or cosmetic supplies (15 percent).
Three new Ace stores open in Michigan
Oakland County, Mich., has three new Ace Hardware stores, offering a combined 40,000 square feet of retail selling space, according to mlive.com, a Michigan Web site.
Tri-City Ace Hardware in Clawson and Beverly Hills Ace Hardware in Beverly Hills celebrated grand openings Nov. 14 to 16, while Commerce Ace Hardware in Commerce is scheduled to hold its grand opening in April 2009.
Tri-City Ace was opened by Dan Klepp, a longtime Rochester resident who formerly worked in the automotive supply industry. Klepp looked at several entrepreneurial opportunities before zeroing in on an Ace store.
Beverly Hills Ace owner Bill Damman is the grandson of the founder of Damman Hardware, a 17-store Michigan chain that closed in 2004. The Beverly Hills location will employ 15 people.
Commerce Ace Hardware was opened by licensed contractor David Swartz, who previously managed a hardware store and will run the 10-person operation.
All three stores are approximately 13,500 square feet.
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The Lumber Yard sells two locations
John H. Myers and Sons, a five-unit pro dealer in South Central Pennsylvania, will acquire the assets of The Lumber Yard locations in York, Pa., and Hagerstown, Md., by Dec. 31, 2008. These operations will be combined with existing Myers facilities in the towns of York and Chambersburg.
Terms of the deal were not disclosed.
Myers also operates lumberyards in Dallastown, Hanover and Camp Hill. The 92-year-old lumberyard ranked in 142nd place in the Home Channel News Top 350 Pro Dealer Scoreboard, with sales of $60 million for 2007.
All 73 employees who worked at The Lumber Yard locations in York and Hagerstown will be offered positions at John H. Myers, according to a company statement. “The continuity of employment for employees and source of supply for our customers were top priorities throughout our discussions,” said Bob Myers III, president of John H. Myers and a fourth generation owner.
Wolf Organization, parent company of The Lumber Yard, is engaged in negotiations to sell the chain’s two remaining locations in Downingtown and Whitehall, Pa. The LBM dealer once served five Mid-Atlantic states with 18 units, but a downsizing in late 2007 cut that number in half. Additional units were closed this year, bringing the number to four.
In a prepared statement, Wolf Organization said it wants to focus its resources on its wholesale business, which distributes cabinets, decking, siding and other building products.
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