In 2011, Harry & David, a popular gift basket retailer, filed for bankruptcy.
We understand that in 2008 both Eddie Bauer and Bennigans filed for bankruptcy and that in
2008 very popular mail-order retailers, Sharper Image, Lillian Vernon and Steve and Barry's filed for bankruptcy.
We see the World Wide Web's (www) growth as similar to that of the old Wild Wild West. When the Internet Wild Wild West first began, it was exciting and new.
In many ways it still is, but many things have changed (mostly improvements in our view).
Many companies have already closed their doors, much of it due to lack of funds and unbelievable competition. Internet suppliers have so much competition and this competition is growing with leaps and bounds. We like to say: "They come and they go, and we're still here."
Consider another exciting "new" industry at the beginning of the last century. Automobile manufacturing was a very exciting business to get into. Between 1900 and 1908 there were 485 car manufacturers. Imagine buying a car from one of the many car manufacturers that quickly folded after 1900. Most automobile manufacturers thought that they would make money; but most didn't. By 1908, just eight years later, only about half of these companies had survived. It went down from there, and as you know, today there are basically three American car manufacturers.
We believe that only the "best" Internet mail-order plumbing suppliers will last. We also believe we are the best by far.
We were one of the first in our business, implementing our dreams in 1995. We have a great experienced staff, we practice "divine discontent" and believe in the principle of Kaizen (which means to constantly improve). We are honest, have great financial backing and are privately owned. We also have a great inventory as well as excellent pricing.
We will be here long after many other competing Internet plumbing suppliers are gone. We hope that you will try us once, and we believe you will then agree that we are the best.