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5 sats \ 0 replies \ @justin_shocknet 6h \ on: Sherwin-Williams suspends 401(k)-matching amid weak sales econ
Has nothing to do with the economy cracking...
their premium, contractor-grade paints are found only at their dedicated stores, the HGTV HOME™ by Sherwin-Williams paint line is sold at Lowe's. However, the HGTV HOME™ paint sold at Lowe's is a different, lower-quality product than what is available at Sherwin-Williams stores, so if you're looking for high-quality paint, you'll need to visit a Sherwin-Williams location
Markets are efficient, gatekeeping your product in your own brick-and-mortar is inefficient
The fact that they expended unnecessary overhead in the form of their own stores, in a natural state of consolidation, is just fighting an unwinnable battle against entropy.
Cheap debt and distorted price signaling allowed inefficient business practices to carry on for too long, this is just nature healing.
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