Hardware’s hard knocks: Rick looks for new tools in tough market – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Hardware’s hard knocks: Rick looks for new tools in tough market

First Prev 1 2 3 4 Next Last

Hit by the economic downturn, hardware seller and manufacturer Rick Meens says he’s been forced to reorganise his Paget business.

Mr Meens is holding a liquidation sale at his Lover’s Lane store, Bermuda Hardware Wholesalers, from today until everything is sold, with discounts of 30 percent up to 70 percent off his stock. Residential and commercial door hardware and locks, marine hardware, cabinet knobs and other kinds of hardware are all on sale, along with the store contents, including millwork.

He has operated Bermuda Hardware from the location by Paget Dry Cleaners, for the last six months. Prior to that he had another business.

Mr Meens, known for his durable non-stain, non-rust brass and steel hardware, some of which he makes himself, said he is developing a website for his business where people can shop for his products online.

He also plans to move to a new, smaller location, with lower overhead where he will rebuild his business.

Mr Meens says he represents some 300 manufacturers and also makes custom hardware himself that is able to withstand the Island’s corrosive environment.

“I have a considerable amount of stock, which I need to sell,” he said. “The economy is the pits and I took a huge hit from unpaid bills.” He says he feels he is also paying a lot in rent.

Moving forward Mr Meens plans to add locksmithing to his business, specialising in Baldwin repairs and service, which he says are needed in Bermuda.

He already stocks and sells many Baldwin products.

Separate from his business issues, Mr Meens continues to wait on the European Court of Human Rights (ECHR) to decide if it will review the 1996 Rebecca Middleton murder case. Ms Middleton was his daughter’s friend.

Hard times: Bermuda Hardware Wholesalers is having a liquidation sale as owner Rick Meens plans to reorganize the Paget business and sell online and from a new location. (Photo by Glenn Tucker)
Moving sale: Bermuda Hardware Wholesalers is leaving its Lover's Lane, Paget location. Owner Rick Meens is pictured amid all the stock on sale until everything sells. (Photo by Glenn Tucker)
Hardware sale: Bermuda Hardware Wholesalers is having a liquidation sale. Pictured are some of the brand-name products on sale. (Photo by Glenn Tucker)
Hardware sale: Bermuda Hardware Wholesalers is having a liquidation sale. Pictured are some of the brand-name products on sale. (Photo by Glenn Tucker)

You must be Registered or to post comment or to vote.

Published May 31, 2013 at 9:00 am (Updated May 30, 2013 at 6:54 pm)

Hardware’s hard knocks: Rick looks for new tools in tough market

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon