Ken Lay, Servistar Corp

Article Abstract:

Servistar Corp's senior buyer of hand and power tools Ken Lay expresses his opinions on the hand tool market, and innovations in hand tools, electronic tools, tape measures, and pro-grade tools. The hand tool business diminished due to power tool promotions between 1990-1995. Servistar sells more pro-grade tools to contractors who like them due their superior performance. Hand tool manufacturers improved packaging design to make the product more accessible to customers.

Power Driven Hand Tools, Power-Driven Handtool Manufacturing, Hand and Edge Tool Manufacturing, Power-driven handtools, Hand & Edge Tools, Hand and edge tools, not elsewhere classified, Interview, Public opinion, Tool industry, Hand tools, Power tools, Cutting tools, Lay, Kenneth

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Servistar dealers mix education, buying at market

Article Abstract:

Coast to Coast and Servistar hardware dealers held their spring market at Baltimore Convention Center, Baltimore, MD, between May 3-7, 1996. Informative seminars provided about 1,800 dealers with useful tips on different aspects of the hardware business such as benchmarking, inventory control, and cash flow. Dealers' concerns focused on expanding their customer base, training and hiring quality employees, and merging Coast to Coast and Servistar operations.

Conferences, meetings and seminars, Coast to Coast

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Payless' top execs resign

Article Abstract:

Payless Cashways CEO David Stanley and Pres Susan Stanton have resign from the company after 15 years at the helm. The resignations come in the wake of Payless' emergence from Chapter 11 bankruptcy. The company's financial woes were precipitated by increased competition and the failure of marketing strategies instituted by Stanley and Stanton.

Appointments, resignations and dismissals, Payless Cashways Inc., PCS, Stanley, David, Stanton, Susan

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