Shareholder Question: Lancaster

QUESTION:

  • Would you please comment on the letter dated August 1, 2011 from Lancaster sent out to their suppliers? Did they purchase any product from you during their time of restructuring? Have you been in contact with a sales representative from them recently? Is WB  glad to be associated with Centre Lane Partners, their Board members are quite diversified. A little digging came up with DP Foods, LLC, serves landscapers and garden centers in many US states including Maine.

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ANSWER

Winning Brands continues to be pleased with its association with Lancaster distributors.  Yes, Lancaster has continued to purchase and pay for Winning Colours during their transition, but they had not taken new sales initiatives while they were sorting out their internal priorities.  Very recently, there has been a ramping-up of our collaboration with new personnel that is now in place on their end.  

The first order of business is to bring Lancaster into the conversion process of Winning Colours to 1000+ Stain Remover in their account base.  Suitable information along these lines has been prepared and approved.  Shipment of the new 1000+ Stain Remover labelled product to Lancaster distribution centres starts now.  They will sell the remaining Winning Colours inventory that they have on hand and simply replenish their inventory with 1000+ henceforth.

As a result of the new ownership that you refer to in your question, and their financial resources, Lancaster will be re-energized.  Importantly, Winning Brands has remained a participating vendor through the entire process and is emerging with a better than ever relationship with that fine organization.  Problems ocur in life – it’s how we deal with them that determines character.

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