Further to my first post about Libmans potential, which I stress is pure conjecture based on the Sabco Bunnings announcement and extrapolating from the information and hints in that ...
Here is my breakdown of the 30,000 stores which are selling Libman products. Assumption is that all the stores named on my city searches (Chicago, New York, Los Angeles) as stocking Libman products have Libman in all of their stores. There could be more smaller stores not listed.
Walgreens - 9,277 (2019) (13,100 in 11 countries)
Walmart - 4,756 (Jan 2020)
Target -1,844 (2019)
Home Depot - 2,285 (2019)
Menard - 350 (15 states)
Do It Best coop - 3,800 (in 50 countries, mainly US)
Food 4 Less - 50 (4 states)
True Value - 4,500 worldwide
plus more - Ace Hardware, Rite Aid Pharmacy, etc has always
So let’s say it’s around 30,000 stockists and Bunnings had a nearly $0.5m initial order for their 295 stores, albeit stores vary in size, it’s still going to be huge imo.
If our US manufacturing arrangements have allowed us to stockpile ready for Libman to sell under their Libman brand, which would make sense seeing as that’s precisely what they are doing with the Sabco Bunnings product ‘powered by Aeris’, then it could be massive. Aeris have already expressed their confidence in the importance of this US market.
Additional thoughts welcome - especially from people in the states!
all imo
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Further to my first post about Libmans potential, which I stress...
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