{"id":377,"date":"2010-12-15T16:41:00","date_gmt":"2010-12-15T21:41:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2010\/12\/losing-survivors\/"},"modified":"2010-12-15T16:41:00","modified_gmt":"2010-12-15T21:41:00","slug":"losing-survivors","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2010\/12\/losing-survivors\/","title":{"rendered":"Losing Survivors"},"content":{"rendered":"
<\/span><\/p>\n

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Researching and editing approximately 4,500 companies annually for Chain Store Guide\u2019s database of\u00a0Home Center Operators & Hardware Chains<\/a>\u00a0and especially the top 700 companies in conjunction with the Home Channel News Scoreboards over the past two decades has provided me with a distinct educational opportunity.\u00a0 Early on these projects proved to be almost a crash course on learning the intricacies of a unique and rather complex market.\u00a0 I enjoyed the many demands of the projects especially when it came to communicating with company executives to confirm data changes and determine the factors behind them.\u00a0 In later years I found myself often able to anticipate some changes while in other cases being able to foresee coming industry trends as I edited and checked data.<\/p>\n<\/div>\n
From my early days I saw that this was an intensely loyal industry as company presidents and CEOs explained that while a location or two had closed, the company had not lost any personnel as the company had found another place or division to move affected employees.\u00a0 I found this to be an industry where simple honesty is prized as executives called me back to correct a minor error in an earlier discussed figure.\u00a0 At times administrative assistants called back to correct an error that had been overheard from their boss.<\/p>\n<\/div>\n
For the most part my education took place during the healthy \u201890s when annual sales figures were generally expected to increase at least five to ten percent.\u00a0 Then in the past decade these figures began to soar.\u00a0 In the late \u201890s a twenty five percent annual sales increase was relatively rare.\u00a0 After the turn of the century such increases were often anticipated, much to the delight of Wall Street and private investors.\u00a0 The frenzied demand for new home building, mortgage speculations, and skyrocketing prices for lumber and building materials pretty much assured significant increases in annual company financials.<\/p>\n<\/div>\n
Then about four years ago, as the term \u2018subprime mortgage\u2019 surfaced and began to appear regularly in the news, annual financials began to plateau as the industry unwittingly prepared for the crisis to come.\u00a0 Suddenly employee totals began to dip and I found myself anticipating the turmoil to follow.\u00a0Learn more…<\/a><\/div>\n
In-depth profiles of Ace Hardware, Home Depot, Lowe’s and 4,500 leading home center and hardware chains can be found in Chain Store Guide\u2019s\u00a0Database of Home Centers & Hardware Chains<\/a>.\u00a0<\/em><\/div>\n

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Arthur Rosenberg,<\/strong>\u00a0Senior Editor\u00a0<\/em>
Arthur has worked at Chain Store Guide for 20 years. He received a B.A. degree from City College of New York and attained a master\u2019s degree in electronic communications from Brooklyn College<\/span>. Please\u00a0contact him<\/a><\/u>\u00a0if you have questions or comments.<\/span><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Researching and editing approximately 4,500 companies annually for Chain Store Guide\u2019s database of\u00a0Home Center Operators & Hardware Chains\u00a0and especially the top 700 companies in conjunction with the Home Channel News Scoreboards over the past two decades has provided me with a distinct educational opportunity.\u00a0 Early on these projects proved to be almost a crash course… Continue reading Losing Survivors<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[6,5],"class_list":["post-377","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-csg-old","tag-insight","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=377"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}