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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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House of Tools (Canada) closing?
I thought that something was wrong when the March flyer did not appear.
Today I was told that the local branch of the House of Tools is closing in May. I am also told that the whole chain may be in jeopardy. For a small community like ours this is a minor disaster. It is hard to understand as the local shop has been thriving in spite of the recession. I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. Shame. -- Michael Koblic, Campbell River, BC |
#2
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House of Tools (Canada) closing?
On Thu, 5 Mar 2009 21:05:17 -0800, Michael Koblic wrote:
I thought that something was wrong when the March flyer did not appear. Today I was told that the local branch of the House of Tools is closing in May. I am also told that the whole chain may be in jeopardy. For a small community like ours this is a minor disaster. It is hard to understand as the local shop has been thriving in spite of the recession. I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. Shame. It's online: http://www.houseoftools.com/content/.../clearance.htm Maybe you dropped off the mailing list. |
#3
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House of Tools (Canada) closing?
On Thu, 5 Mar 2009 21:05:17 -0800, "Michael Koblic"
wrote: snip I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. I take warranties with a grain of salt... Figure out if it is intact/worthy when you buy it. If not, take it back for another or refund. Everything else I fix myself. The people that care and can make repairs as well or better than myself are far and few between. It is much less frustrating to just fix it myself the first time rather than have to fix it anyway after a botched warranty job... -- Leon Fisk Grand Rapids MI/Zone 5b Remove no.spam for email |
#4
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House of Tools (Canada) closing?
On Mar 5, 11:05*pm, "Michael Koblic" wrote:
I thought that something was wrong when the March flyer did not appear. Today I was told that the local branch of the House of Tools is closing in May. I am also told that the whole chain may be in jeopardy. For a small community like ours this is a minor disaster. It is hard to understand as the local shop has been thriving in spite of the recession. I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. Shame. -- Michael Koblic, Campbell River, BC Michael, in my opinion who will survive this downturn is dependent on how much they rely on a credit line. Some of the hardest hit companies will be those who have been running on credit or just went in debt for expansion purposes. Be this time next year, we will be looking back over the rubble of some well known names. TMT |
#5
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House of Tools (Canada) closing?
Too_Many_Tools wrote:
Michael, in my opinion who will survive this downturn is dependent on how much they rely on a credit line. Some of the hardest hit companies will be those who have been running on credit or just went in debt for expansion purposes. Be this time next year, we will be looking back over the rubble of some well known names. 1) The flyer is indeed out. However it is an interesting one: Instead of at least a few good deals which have been a feature until recently the whole thing is full of "pretend deals". Including "deals" that are actually dearer than their regular prices. A last gasp before "everything must go" flyer? 2) The opinion of the insiders is that the Canadain operation is being sacrificed to salvage the US operation (I did not know they had one!) 3) No question many outfits will go to the wall. I love watching TV commercials and betting on who is next. Have you noticed how TV advertises mainly completely useless crap which one can live without? I for one am happy to die in 50 years' time without ever owning a Snuggie or tasting Lean Cuisine. I must say that I was surprised to see HoT in that category. C'est la vie! -- Michael Koblic, Campbell River, BC |
#6
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House of Tools (Canada) closing?
On Sat, 7 Mar 2009 13:52:11 -0800, "Michael Koblic"
wrote: Too_Many_Tools wrote: Michael, in my opinion who will survive this downturn is dependent on how much they rely on a credit line. Some of the hardest hit companies will be those who have been running on credit or just went in debt for expansion purposes. Be this time next year, we will be looking back over the rubble of some well known names. 1) The flyer is indeed out. However it is an interesting one: Instead of at least a few good deals which have been a feature until recently the whole thing is full of "pretend deals". Including "deals" that are actually dearer than their regular prices. A last gasp before "everything must go" flyer? 2) The opinion of the insiders is that the Canadain operation is being sacrificed to salvage the US operation (I did not know they had one!) 3) No question many outfits will go to the wall. I love watching TV commercials and betting on who is next. Have you noticed how TV advertises mainly completely useless crap which one can live without? I for one am happy to die in 50 years' time without ever owning a Snuggie or tasting Lean Cuisine. I must say that I was surprised to see HoT in that category. C'est la vie! How about the Liberian legal tender, non circulating coin coated with 71 milligrams of .999 pure silver; which according to my calculation has a value of less than three and one half cents? Gerry :-)} London, Canada |
#7
Posted to rec.crafts.metalworking
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House of Tools (Canada) closing?
"Michael Koblic" wrote in message ... Too_Many_Tools wrote: Michael, in my opinion who will survive this downturn is dependent on how much they rely on a credit line. Some of the hardest hit companies will be those who have been running on credit or just went in debt for expansion purposes. Be this time next year, we will be looking back over the rubble of some well known names. 1) The flyer is indeed out. However it is an interesting one: Instead of at least a few good deals which have been a feature until recently the whole thing is full of "pretend deals". Including "deals" that are actually dearer than their regular prices. A last gasp before "everything must go" flyer? 2) The opinion of the insiders is that the Canadain operation is being sacrificed to salvage the US operation (I did not know they had one!) 3) No question many outfits will go to the wall. I love watching TV commercials and betting on who is next. Have you noticed how TV advertises mainly completely useless crap which one can live without? I for one am happy to die in 50 years' time without ever owning a Snuggie or tasting Lean Cuisine. I must say that I was surprised to see HoT in that category. C'est la vie! -- Michael Koblic, Campbell River, BC I will have to check the Victoria outlet in the next few days. Steve R. |
#8
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House of Tools (Canada) closing?
Gerald Miller wrote:
(...) How about the Liberian legal tender, non circulating coin coated with 71 milligrams of .999 pure silver; which according to my calculation has a value of less than three and one half cents? Gerry :-)} London, Canada Everyone knows that die cast truck models are a much better investment. https://www.48pickup.com/flare/next?tag=os|af "A Sixty Dollar Value!!!" --Winston -- Don't *faff*, dear. |
#9
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House of Tools (Canada) closing?
On Mar 6, 12:05*am, "Michael Koblic" wrote:
I thought that something was wrong when the March flyer did not appear. Today I was told that the local branch of the House of Tools is closing in May. I am also told that the whole chain may be in jeopardy. For a small community like ours this is a minor disaster. It is hard to understand as the local shop has been thriving in spite of the recession. I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. Shame. -- Michael Koblic, Campbell River, BC House of Tools is definitely closing all three branches in BC plus one in Medicine Hat, AB by the end of May. Clearance sales have already begun. As far as the warranty goes, it depends on the brand. Obviously DeWalt or Makita warranties have nothing to do with House of Tools and even their "house brand" Pioneer is a separate company based out of the US but warranty may be difficult (eg. shipping tools to Alberta for warranty). |
#10
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House of Tools (Canada) closing?
wrote in message ... On Mar 6, 12:05 am, "Michael Koblic" wrote: I thought that something was wrong when the March flyer did not appear. Today I was told that the local branch of the House of Tools is closing in May. I am also told that the whole chain may be in jeopardy. For a small community like ours this is a minor disaster. It is hard to understand as the local shop has been thriving in spite of the recession. I was planning to buy a major piece of machinery from them but shall not now. Warranty would be a real issue. Shame. -- Michael Koblic, Campbell River, BC House of Tools is definitely closing all three branches in BC plus one in Medicine Hat, AB by the end of May. Clearance sales have already begun. As far as the warranty goes, it depends on the brand. Obviously DeWalt or Makita warranties have nothing to do with House of Tools and even their "house brand" Pioneer is a separate company based out of the US but warranty may be difficult (eg. shipping tools to Alberta for warranty). They were discussing that, when I was in the Colwood (near Victoria, BC) store. There was some talk of continuing the sale until the end. Not much left in the way of small metalworking stuff. I was looking for endmills, but only 3 left. There are still some drill presses, a metal lathe, and a finger brake. Steve R. |
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