by Editor | Feb 26, 2019 | Industry News
United Financial Corp., a nationwide leasing and equipment financing company based in West Des Moines, Iowa, recently announced that laundry industry veteran Kirk Stone has joined the company and will oversee its new Commercial Laundry Finance Division. Stone formerly...
by Tod Sorensen | Feb 26, 2019 | Feature 3
Provide a Colorful Palette of Services – And Smile All the Way to the Bank All vended laundries are different and cater to their own unique demographics. No two locations are the same. To maximize revenue generated from a specific demographic, it makes sense to appeal...
by Editor | Feb 22, 2019 | Highlights, Cover Story, Feature 1
A Decade Removed from the Credit Crunch of the Great Recession, Here’s What It Takes to Secure Financing in Today’s Economy Growing your laundry business without outside funding can make you feel as though you’re trapped in a perpetual catch-22. You need to hire...
by Editor | Feb 19, 2019 | Industry News, Organization Updates
Trade Group Adds Three Store Owners and a Distributor to Its Current Board Lineup For 2019, the Coin Laundry Association has added four new laundry professionals to two-year terms on its Board of Directors. These new directors include one distributor and three store...
by Stephen Bean | Feb 19, 2019 | The Business Mind, Marketing
It May Be Time to Give Your Vended Laundry Operation a Reboot “There ain’t no future living in the past” – George “Sparky” Anderson, former Major League Baseball manager Human organisms come equipped with memories for a good reason. One is to retain things...
by Jeff Gardner | Feb 19, 2019 | The Laundry Doctor, Highlights
What Does the Future Hold for the Wash-Dry-Fold Business? As I’ve been saying in this column for several years, the wash-dry-fold business continues to grow, morph and evolve into something new seemingly each time we look in a different direction. The future of...
by Editor | Feb 19, 2019 | Industry News, Highlights
Procter & Gamble’s popular Tide brand is aggressively targeting today’s urban Millennial and Gen Z consumers, with the national expansion of its pickup-and-delivery laundry service. Tide plans to double its pickup locations to more than 2,000 by next year, after...
by Editor | Feb 14, 2019 | Industry News
On Saturday, February 23, The Wash House Laundromats will host a LaundryCares Free Laundry Day at its two locations in Durham, N.C., from 10 a.m. to 5 p.m. The two locations are: The Wash House, 2000 Chapel Hill Rd., Durham, N.C. The Wash House, 1839 Liberty St.,...
by Editor | Feb 14, 2019 | Industry News
American Changer Corp., headquartered in Ft. Lauderdale, Fla., has finalized an asset purchase agreement with Rowe Bill Changers, LLC, a manufacturer of self-serve money changers for the coin laundry industry, as well as the carwash, amusement and vending markets. The...
by Editor | Feb 11, 2019 | Industry News
Laundry equipment distributor EVI Industries, formerly EnviroStar, recently acquired PAC Industries of Harrisburg, Pa., for $12.85 million. EVI, headquartered in Miami, has purchased all of the outstanding shares of PAC’s common stock as part of the agreement – $6.4...