PROFILE |
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Scotty's understands that if it ain't broke, don't fix it. Scotty's has abandoned its short-lived Scotty's Bargain Outlet format, to which it had converted all of its stores to compete against Home Depot and Lowe's with dollar-priced items and closeout specials, as well as home fashions and flooring. It has closed 12 Bargain Outlets and converted the 70-plus others throughout Florida and Georgia back to their focus on traditional hardware lines. Scotty's was founded in 1924 in Winterhaven, Florida in response to the state's building boom. Scotty's management, led by CEO Tom Morris, bought the company from GIB Group in 1998. In January 2001 a group of Florida investors bought 20 Scotty's stores.
COMPETITION |
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The Home Depot, Inc. (HD)
Lowe's Companies, Inc. (LOW)
TruServ Corporation (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 500.00
1-Yr. Sales Growth: (4.8)%
Employees: 2,500
Revenue per employee: $200,000.00
KEY PEOPLE |
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Thomas E. Morris
CEO
Robert Pacos
CFO
CONTACT INFO |
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5300 N. Recker Hwy.
Winter Haven, FL 33882
US
Phone: 863-299-1111
Fax: 863-297-6122
Online: Web Site
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