PPG to Acquire Akzo Nobel N.A. Architectural Coatings Business

PPG Industries announced today that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., Amsterdam, in a deal valued at $1.05 billion.
The transaction has been approved by the boards of directors of both companies and is expected to close in early second quarter 2013, subject to regulatory […]Continue reading »

PDRA Webinar Offers Businesses Facebook Advice

Posted by Diane Capuano
If you want to come face-to-face with more customers, then you need to learn the ins and outs of Facebook. That was the topic of the latest PDRA webinar, called “A Paint & Decorating Retailers’ Cheat Sheet: Five Ways to Make Your Facebook Business Page Rock.”
Beth Trejo of Chatterkick conducted the webinar, […]Continue reading »

Sherwin-Williams to Acquire Comex

Via Press Release
The Sherwin-Williams Company announced on Nov. 12 that it has signed a definitive agreement to acquire Consorcio Comex, S.A. de C.V., a leader in the paint and coatings market in Mexico with headquarters in Mexico City.
Sherwin-Williams will pay approximately $2.34 billion, including assumed debt, in an all-cash transaction. Completion of the acquisition is […]Continue reading »

For Retailers, Education Is the Key

Posted by Diane Capuano
In Paint & Decorating Retailer magazine’s latest edition of “Retailer to Retailer,” the importance of industry education is in the spotlight.
Gary Fahndrich, owner of West Side Decorating Center in Saginaw, Mich., confirmed just how important product knowledge is to the store’s success.
“Because we have the reputation for being the place to go […]Continue reading »

PDR Magazine Advertising Dollars Recycled Back into Paint Industry

A Reprint of “Viewpoint” Editorial from PDR Magazine’s November Issue
As the year winds down, this is a good time to look back on the year, both personally and in the business sense.
In business, the mission of Paint & Decorating Retailers Association is to educate and support the independent paint and decorating […]Continue reading »

PDRA Schedules Webinar on the Topic of Facebook

Posted by Diane Capuano
PDRA turns to Facebook with the next in a series of webinars covering social media topics.
This latest webinar is entitled: “A Paint & Decorating Retailer’s Cheat Sheet: Five Ways to Make Your Facebook Business Page Rock.” It will take place from 11 a.m. to noon CST on Thursday, Nov. 8. The webinar […]Continue reading »

Growth Continues in 2nd Quarter for Independent Retailers

Posted by Diane Capuano
Back-to-back quarters in positive sales territory for 2012 is reason for optimistic in the independent paint and decorating store channel. Through the first half of 2012, total sale sales have increased 5.7 percent when compared to the first six months of last year. This also builds on the modest gains posted at […]Continue reading »

Sherwin-Williams Recalls Krylon Glaze and Acrylic

Via press release:
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.
Name of Product: Krylon® Triple […]Continue reading »

Benjamin Moore’s New CEO Focuses on Mending Relationships

Posted by: Diane Capuano
New Benjamin Moore CEO and President Robert S. (Bob) Merritt identified “rebuilding relationships within the independent retailer system” as the company’s top priority.
“Right now, we’re focused on re-establishing some credibility that we had lost within the retailer network,” said Merritt, who comes to Benjamin Moore after a successful three-decade career […]Continue reading »

Opportunities in Lead Paint Removal & Abatement

Posted by: Diane Capuano
The lead removal and abatement market offers many opportunities for paint and decorating retailers. Those opportunities are enumerated in great detail in an article in the August issue of Paint & Decorating Retailer magazine.
Here are just a few excerpts of that article, enumerating some of the potential opportunities.
“Lead abatement in mature markets […]Continue reading »