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