Tampa, Fla.-based entrepreneur John Wink, of Novel Ideas, has announced the national launch of EcoBorder, an environmentally friendly landscape product.
Manufactured in the United States and molded from recycled tire rubber, this landscape edging was invented in 15-year landscape Wink’s garage, after his position with Merrill Lynch ended about the time of the 2008 stock market crash. With 15 years of experience in landscaping, he invented EcoBorder out of his garage in 2009.
Canadian Tire Corp. (CTR) has announced the appointment of Marco Marrone as its new chief operating officer of the company’s core retail business. Marrone will have oversight of all of CTR's operations, including merchandising, marketing, supply chain, and store operations, including dealer relations.
A man in Hamilton, Ontario pled guilty on June 28 for breaking and entering a Canadian Tire store last May and stealing lawnmowers and barbecues, according to local news reports.
Richard Jessop, age 27, was arrested along with two other accomplices when police pulled over their U-Haul truck for a routine traffic stop. Officers looked in the back of the vehicle and saw the stolen merchandise, along with bolt cutters and a pair of gloves.
Canadian Tire Corp. has signed an agreement to purchase The Forzani Group (FGL), Canada’s leading sporting goods retailer with 500 outlets across the country and revenues of $1.4 billion a year. The all-cash deal, in which Canadian Tire will purchase all the outstanding shares of FGL for $26.50 per share, has the support of the FDL board of directors, which is recommending to its shareholders to tender their shares to the offer. It is expected to close in the third quarter of 2011 pending regulatory approval.
Medina, Minn.-based Rockler Woodworking and Hardware introduced a Protective Bench Mat made from 100% recycled rubber tires. The three-millimeter thick mat measures 24 in. by 60 in.; protects the tops of work benches; and saves tools and projects from the scratches, dings and dents associated with general labor tasks in a shop.