Harbor Freight Tools Drawer Safe
 | |
| Type | Backstage |
|---|---|
| Industry | Retail |
| Founded | 1977 (1977) Los Angeles, California, U.S. |
| Founder | Eric Smidt  |
| Headquarters | Calabasas, California, U.S. |
| Number of locations | 1200+ |
| Area served | United States |
| Primal people | Eric Smidt (CEO) |
| Products | Tools |
| Revenue |  $5 billion (2022) [1] |
| Number of employees | 24,000 |
| Website | www |
Seaport Freight Tools is a privately held tool and equipment retailer, headquartered in Calabasas, California, which operates a chain of retail stores, American Samoa well as a ring mail-order and e-commerce business. The company employs over 20,000 people in the United States[2] and has complete 1,200 locations in 48 states.[3] [4]
History [edit]
In 1977,[5] Eric Smidt and his father, Allan Smidt, started Nurse Freight and Scavenge in a small edifice in North Hollywood, California. The company began every bit a get off-monastic order tool business that dealt with liquidated and returned merchandise. Every bit the business grew, its public figure was exchanged to Harbor Load Tools. In 1985, Eric Smidt was onymous president of the caller at age 25; atomic number 2 served subordinate that claim until 1999, when he became chief executive officer.[6] From the middle-1980s to 2010 Harbor Cargo was headquartered in nearby Camarillo, California.
Mail order [edit]
The company subsequently acquired US General Supply Ship's company in 1991. Based in Plainview, New York, US General Supply Ship's company was another chain mail-say tool and equipment marketer, which erst had 40 retail stores before they were closed next failure. Vestiges of the old US General can embody seen with the branding of the toolboxes that Harbor Freight Tools sells. At first, the fellowship mailed promotions in standardized #10 business envelopes. In the other 1980s, when company relocated to Camarillo, it acquired the erstwhile headquarters of Unity, another large mail-order company, and launched its first postal service-order catalog in the mid-1980s.
Retail stores [edit]
In 1980, Harbor Freight Tools opened its start mercantile establishment in Lexington, Kentucky, to sell returned merchandise from its mail order business. The original localisation was at 1387 East New Circle Road. It later moved to 1301 Winchester Road, Rooms 213. The venture proved sure-fire, and Harbor Freight Tools began to bald stores across the United States. Harbor Freight Tools currently operates over 1,200 retail stores in 48 states.[4]
Exclusive brands [edit]
Harbor Freight sells many tools under in-home brands, sourced directly from manufacturers.[5]
Quality assurance [cut]
Harbor Freight tests their tools in their have quality confidence facility located in Calabasas, Calif.,[5] which opened in 2010.
Internet site [edit]
Hold Freight's Web site went online in 1997.[7] Information technology had a modest catalogue of products, a little "About Us" section and an order form for the printed catalog. There were also golf links to a customer service foliate with delivery multiplication and return policies. All told, the original site had 10 landing pages. The current[update] Harbor Freight Tools site has over 37,000 indexed pages.[8] It had over 43 million unique visitors in 2012, generally within the United States, according to compete.com.[9]
Organized affairs [edit]
Harbor Freight Tools Corporate Office
Harbor Freight Tools is headquartered in Calabasas, California. The company expanded marketing, merchandising, and other support systems when it relocated to a 90,000-square-foot (8,400 m2) facility in September 2010.[10] Harbor Cargo has distribution space in Camarillo, California, Moreno Valley, CA and Dillon, Southeasterly Carolina. IT closed a distribution facility in Oxnard, California, in primaeval 2013.
On April 4, 2013, Harbor Freight Tools announced a $75 zillion expansion project for the Dillon distribution center, which opened on November 22, 2015, adding 1 million squared feet to the facility and 200 new jobs.[11] [12]
Investor relations [edit]
In 2012, Hold Freight, through Accredit Schweiz, secured a $750 million loan to refinance alive debt and fund a dividend for the company's private shareholders.[13]
Philanthropic gift [edit]
On January 9, 2013, CEO Smidt, through Harbor Freight Tools, donated $1.4 million of tools and equipment to the Los Angeles Coordinated School Dominion's (LAUSD) Career Technical Education.[14] The contribution was presented to LAUSD Board President Monica Garcia and Executive Conductor Michael Romero at the East Los Angeles Skills Center and Occupational Center ahead of an assembly.[15]
Later in the same year, Harbor Freight Tools expanded its Tools for Schools platform by donating a $100,000 present of tools and equipment to South Carolina schools.[16]
In February 2022, Cedars-Sinai proclaimed a $50 million endow from Eric and Susan Smidt and The Smidt Foundation to create the Smidt Heart Institute. So far[update], the gift is the largest donation in Cedars-Sinai's 116-class history.[17]
Criticism [edit]
Haven Freight Tools was sued aside a group of its store employees in 2012, who questionable that they were misclassified As "exempt" from overtime payments as "managers", under the Average Fag Standards Act. Harbor Payload Tools won a declassification of the class action; that is, the court found that whol the individual situations were not similar enough to be judged as a single class, and that their claims would require an individual-by-individual inquiry, so the pillowcase could not constitute handled on a class basis.[18]
In 2015, a class-action suit cause was filed against the company by customers, claiming that the tool company falsely advertised "normal" prices for products that were higher than an advertised "sale" price, when the item had never been offered at the original, higher price. Consumers claimed that this pattern misled them into intelligent that the item was on sales agreement and they were getting a address. The company settled, paying consumers upwardly to $33,000,000.[19] [20]
References [delete]
- ^ "Sour's assigns Hold Freights projected $1 billion term loan at B1". Moodys.com. April 25, 2012.
- ^ "Hold Freight Tools LinkedIn Visibility".
- ^ Company Overview of Harbor Freightage Tools USA, Inc Bloomberg Business
- ^ a b "Harbor Freight Tools – Quality Tools at Discount Prices Since 1977". harborfreight.com.
- ^ a b c "About Us". harborfreight.com.
- ^ "Eric Smidt, Chairman & CEO – Harbor Freight rate Tools". harborfreight.com.
- ^ "Harbor Load Tools". October 16, 1997. Archived from the new on 1997-10-16.
- ^ "site:harborfreight.com – Google Look for".
- ^ "Google Trends". Google Trends.
- ^ "Harbor Lading Tools Moving Jobs to Calabasas".
- ^ News, GAVIN Old Hickory, Morning. "Harbor Freight Tools announces 200 new Dillon County jobs". SCNow.
- ^ "Harbor Cargo Celebrates Grand Opening Of Distribution Center, Family Day – The Dillon Herald".
- ^ "RLPC: Harbor Freight sweetens footing on TL". Reuters.com. May 9, 2012.
- ^ "LAUSD • Give thanks you to Harbor Freight Tools for their..." LAUSD.
- ^ "Harbor Freight Tools – Quality Tools at Dismiss Prices Since 1977". harborfreight.com.
- ^ "Harbor Freight Tools – Quality Tools at Discount Prices Since 1977". harborfreight.com.
- ^ "Harbor Payload Tools Owner and His Introduction Make $50M to Create Smidt Heart Constitute". Harbor Freight Tools Owner and His Innovation Give $50M to Create Smidt Heart and soul Institute.
- ^ "District Court Decertifies FLSA Category of Retail Managers". Employment Classify Action Blog. August 31, 2012.
- ^ "GCG". nationalsalepricesettlement.com.
- ^ "Harbor Freight Fake Sale Class-action suit Settlement Checks Mail-clad". Whitethorn 17, 2022.
External links [edit]
- WWW.harborfreight.com — Harbor Freight Tools official site
Harbor Freight Tools Drawer Safe
Source: https://en.wikipedia.org/wiki/Harbor_Freight_Tools
0 Response to "Harbor Freight Tools Drawer Safe"
Post a Comment