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Old 05-15-2018, 02:33 PM   #21
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I find that most of the small independent store personnel I deal with treat me with indifference if I'm not on their preferred list of painters or contractors. Which I don't consider myself on any preferred list. They also seem to want to challenge my painting knowledge as if we're in competition or something. I could care less if they know more. I just want a pleasant experience when I go into the store.

Stores like Kelly Moore used to be cool. There'd be coffee and the person behind the counter was actually happy to see you. Now a days, either they're making you suffer a wait while they tend to the DYI'er that wants a crash course in the painting trade, or schmoozing with a hack painter that low balls to the point where he's the top material purchaser at the store.

If I could have all the material delivered to me and never have to engage with the store personnel, that would be just fine.
The most common complaint from painters is that I keep them in the store too long because I like talking to them too much oh I have locally roasted coffee brewing every morning . You don't have to purchase tons of material to be a 'preferred' painter, just come hangout and drink my coffee.
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Old 05-15-2018, 04:02 PM   #22
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The most common complaint from painters is that I keep them in the store too long because I like talking to them too much oh I have locally roasted coffee brewing every morning . You don't have to purchase tons of material to be a 'preferred' painter, just come hangout and drink my coffee.
You got cash? Credit? Checking account? You're my preferred painter.
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Old 05-15-2018, 04:07 PM   #23
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You got cash? Credit? Checking account? You're my preferred painter.
What about coffee?
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Old 05-15-2018, 04:38 PM   #24
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What about coffee?
Cash IS king but coffee is the life blood of America. I love some of my guys but sometimes they work for GC's that take 30-60 days to pay
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Old 05-15-2018, 04:54 PM   #25
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What about coffee?
I have some darn good coffee. Right now i have 100% Jamaican blue mountain. Then i have some AAA Single source Kenyan coming up.
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Old 05-15-2018, 08:27 PM   #26
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PS: I feel sorry for young guys starting out today! My first supply store was BRILLIANT! I would even be given business advise from him ("I don't care if it's your Grandmother, have everyone sign!") He would recommend tools sometimes that I thought expensive but trusting him, I paid up. Some of those were a real blessing and I am still using some of them 40 years later! Waiting around for orders to be filled in the early morning I would see all the older, experienced painters and learned from them as well. My first big fail was a job with "too much lime in the plaster" and it bleached the paint white. One of the mature painters told me what the problem was and that shellac was the cure. I never see painters gather at the store in the mornings any more.
You must read my mind. I feel like a broken record sometimes I go on about the good old days. Made lots good friends over the years . Sadly most are gone or retired. Pizza Friday’s , sat moring breakfast at the Paint store. The smell of turps ( good bee repellant ) lol. Stocking the van with tint so we good make colors onsite. My independent store carried, BM , Cabots, Pratt & Lambert, Zinseer, and California Paints along with few local brands. My other store was a Muralo dealer and wall coverings. It was such a different world. Was a true trade.
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Old 05-15-2018, 09:12 PM   #27
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I have some darn good coffee. Right now i have 100% Jamaican blue mountain. Then i have some AAA Single source Kenyan coming up.
If I lived closer I'd drop in. I LOVE! great coffee.
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Old 05-16-2018, 08:59 AM   #28
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If I lived closer I'd drop in. I LOVE! great coffee.
I'm supposed to be getting some AAA Rift valley from Rwanda in a month or two.
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Old 05-16-2018, 09:42 AM   #29
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I'm supposed to be getting some AAA Rift valley from Rwanda in a month or two.
roast them your self?
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Old 05-16-2018, 09:51 AM   #30
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roast them your self?
No. I have a friend that owns a small coffee shop. She and her husband buy direct and roast it themselves in small batches. Her husband travels all over the world in his day job and buys coffee direct from the plantations whenever he can. It's a pretty small scale operation. In fact when i buy from them i take my own empty Maxwell house cans to fill. Then i write what it is on a piece of tape and stick it to the can.
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Old 05-17-2018, 08:28 AM   #31
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SW is not going to close any stores. Think about it. There is the Independent Channel (Pratt & Lambert, Valspar), Company Owned Stores (SW brand), and the Big Box (Valspar, SW brand mostly).

Valspar was predominantly for their coil coatings (OEM), but was a bonus that they had a presence in Lowes. SW has all 3 channels covered and has hit Wal-Mart status among the paint manufacturers. The question is: what significant shift in buying habits (i.e. Amazon) will create a challenge to SW's model? Hovering around $400 per share is quite a luxury, especially when PPG can't figure out which direction to go.
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Old 05-18-2018, 01:03 AM   #32
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SW is not going to close any stores. Think about it. There is the Independent Channel (Pratt & Lambert, Valspar), Company Owned Stores (SW brand), and the Big Box (Valspar, SW brand mostly).

Valspar was predominantly for their coil coatings (OEM), but was a bonus that they had a presence in Lowes. SW has all 3 channels covered and has hit Wal-Mart status among the paint manufacturers. The question is: what significant shift in buying habits (i.e. Amazon) will create a challenge to SW's model? Hovering around $400 per share is quite a luxury, especially when PPG can't figure out which direction to go.
I'm flabbergasted, I never in my wildest dreams would think SW was getting that much per share!
They say you learn something new every day

And congratulations to the Moody Blues for FiNALLY getting into the Rock & Roll Hall of Fame, It was only like 20 years too late! How much longer will the Doobie Brothers have to wait?
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Old 05-18-2018, 08:26 AM   #33
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Warren Buffet has a proven business acquisition program. He buys at the right price, stays with what he purchases for the long run, changes CEO's and CFO's as needed, and will let the company rebuild. He's made a lot of share holders a lot of money over the years. Probably has one of the best shareholder meetings of any company. Every year the meeting is held in my city; Omaha, NE. Lasts two days, and the second day he fields questions from share holders from both adults and children. Issues a share holder letter that is quite informative and humorous.
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Old 05-18-2018, 09:51 AM   #34
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I'm flabbergasted, I never in my wildest dreams would think SW was getting that much per share! They say you learn something new every day
They have bought back a ton of shares over the last 20 or so years. They are a very profitable company with sales and profits exceeding expectations for that period of time, plus they pay a nice dividend to shareholders each quarter.
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Old 05-18-2018, 10:06 AM   #35
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They have bought back a ton of shares over the last 20 or so years. They are a very profitable company with sales and profits exceeding expectations for that period of time, plus they pay a nice dividend to shareholders each quarter.
Take my word for it, they have never paid a dividend on their Class "A" shares. They have on their Class "B" shares. I know very well that they made a purchase of a lot of shares a few years from the estate of a shareholder who died, followed by his wife. The children never knew the extent of the share ownership of their parents. Out of five children, three wanted to "cash out" and BH purchased the shares to keep the value of the stock stable and not flood the market with shares.
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Old 05-18-2018, 11:10 AM   #36
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SW is not going to close any stores. Think about it. There is the Independent Channel (Pratt & Lambert, Valspar), Company Owned Stores (SW brand), and the Big Box (Valspar, SW brand mostly).

Valspar was predominantly for their coil coatings (OEM), but was a bonus that they had a presence in Lowes. SW has all 3 channels covered and has hit Wal-Mart status among the paint manufacturers. The question is: what significant shift in buying habits (i.e. Amazon) will create a challenge to SW's model? Hovering around $400 per share is quite a luxury, especially when PPG can't figure out which direction to go.
Pratt & Lambert is most definitely abandoning their independent dealers. They are going to be the premium small box store brand. As in Do It Best and the like. Coming to a True Value or an Ace hardware near you!
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Old 05-19-2018, 12:19 AM   #37
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Take my word for it, they have never paid a dividend on their Class "A" shares. They have on their Class "B" shares. I know very well that they made a purchase of a lot of shares a few years from the estate of a shareholder who died, followed by his wife. The children never knew the extent of the share ownership of their parents. Out of five children, three wanted to "cash out" and BH purchased the shares to keep the value of the stock stable and not flood the market with shares.

I think the poster was referring to SW, at least I was not BH
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