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Wednesday, February 27, 2013 12:29:09 PM
That hardware show has been going on for years...what brilliant part of Eric's 10 year growth plan suddenly decided that this year was the year for WNBD to book a booth?
Do you not remember all the great fanfare/speculation from all the other various shows WNBD has already attended over the years not translating into a hill of beans difference in their stagnated per annum sales of the past 4 years despite all the new accounts gained claims?
My post was not begrudging the fact that the CEO has decided to book a booth at this years Las Vegas hardware show and attempt to sell product. My point was why bother now when clearly there's zero remaining discount share funding room in play these days...hence zero branding budget to show any potential new buyers who make decisions for big box chains. And believe me no big box USA purchasing manager grants their valuable shelf space to co's who can't prove to them in advance that their product is going to be a great seller hence make the chain money!
So does anyone really believe that Eric going to las vegas for a week in may is a sound use of his time/effort/monies given all the current capital structure/lack of growth challenges WNBD is currently facing?
http://en.wikipedia.org/wiki/National_Hardware_Show#History
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