| | Business Summary | | Trend-Lines,
Inc.
is
a
specialty
retailer,
primarily
of
woodworking
tools
and
accessories
sold
through
its
nationally
distributed
Trend-Lines
mail-order
catalog
and
through
Woodworkers
Warehouse
retail
stores
located
in
New
England,
New
York,
New
Jersey,
Pennsylvania
and
Delaware,
as
well
as
Post
Tool
stores
located
in
California
and
Nevada.
The
Company
is
also
a
specialty
retailer
of
golf
equipment
and
supplies
sold
through
its
Golf
Day
retail
stores
located
in
New
England,
New
York,
New
Jersey,
Delaware,
Pennsylvania
and
California
and
its
nationally
distributed
mail-order
catalog.
At
February
26,
2000,
the
Company
operated
148
Woodworkers
Warehouse
and
Post
Tool
stores
and
82
Golf
Day
stores.
On
August
11,
2000,
Trend-Lines
announced
that
the
Company
and
its
wholly-owned
subsidiary,
Post
Tool,
Inc.
have
filed
voluntary
petitions
to
reorganize
the
business
under
Chapter
11
of
the
U.S.
Bankruptcy
Code. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Trend
Lines
is
a
retailer
of
hand
and
power
tools
and
accessories,
and
golf
equipment
and
supplies.
It
operates
120
Woodworkers
Warehouse
stores,
28
Post
Tool
and
82
Golf
Day
stores,
a
retailer
of
golf
equipment
and
supplies.
For
the
three
months
ended
5/27/00,
sales
fell
2%
to
$69.7
million.
Net
loss
totalled
$3.8
million,
vs
a
gain
of
$170
thousand.
Results
reflect
the
stop
of
mailing
catalogs
to
retail
area,
higher
rate
and
balance
of
debt
and
increased
advertising
expenses. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Stanley Black, 63
Chairman
and CMO | $349K | Walter Spokowski, 43
Pres,
COO, Director | 144K | Ronald Franklin, 54
Exec.
VP, CFO, Director | 129K | Gerald Roth, 59
Exec.
VP, Retail | -- | Kathleen Harris, 41
VP,
HR | -- | | Dollar amounts are as of 26-Feb-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
