Mike's Hardlines Blog

Wednesday, November 08, 2006

Why Hardlines is setting up Lowe’s vendor meetings

And why we're charging for it…

Faithful reader, many of you are asking me why we’re involved in Lowe’s efforts to connect with the Canadian industry.

Sure, Hardlines is in the information business. But that information is part of our central mandate, which is “Connecting the home improvement industry.” We have had the pleasure and honour of hosting this industry’s top buyers and vendors for more than a decade.

Over the past couple of years, I have invited the top home improvement retailers in Canada to participate in their own “Open to Buy Day”. I look forward to having the pleasure of seeing these invitations turn into future connecting opportunities for vendors.

Meanwhile, Lowe’s wants to connect with the wider Canadian vendor community, so they approached Hardlines to coordinate an “Open to Buy Day”. We agreed to a fee that Hardlines could charge the vendors. That fee pays for Hardlines’ time and effort to organize the event, book the rooms, schedule and manage the meetings, and provide the coffee and lunch.

Lowe’s does not profit from this event. But with two Hardlines kids in university and another two in the picky teenage daughter stage, Hardlines looks forward to providing you adequate value to earn a profit for our efforts.

If you’re a vendor, I hope to see you at the Lowe’s “Open to Buy Day” on Nov. 21 in Toronto. If you’re a retailer, I hope we can help you connect with new vendors in the near future.

Cheers,
Michael McLarney, Editor & Publisher
Hardlines