Professional Review on LTD Commodities
LTD Commodities is an online corporation that offers housewares, books, clothing, sporting goods, dining, and accessories.
It is based in Bannockburn, Illinois. The corporation is founded on family values. The company supports a large number of charitable accomplishments.
Besides the Salvation Army's Angel Tree, they also contribute to blood drives, charity fun runs, and food drives.
For the 40 years, LTD Commodities has been in existence, they have continued to be committed to providing their customers with unique and quality products at value prices.
History
LTD Commodities was founded in 1963. LTD is an acronym for Loyal Customers, Tremendous Values and Dedicated Employees. The company is owned and operated as a family’s property.
The company started as a small mail-order enterprise. Today, the company stands as one of America's leading catalog retailers.
They have a large Midwestern distribution center and a team of service associates. On December 20, 2017, the company was acquired by AmeriMark
Holdings.
Operations
The company continues to print regularly updated catalogs that feature hundreds of items at wonderful value prices.
The company has released catalogs such as Christmas Gifts 2011, Warehouse Blowouts and Harvest 2011 that feature products tailored to specific markets and shopping seasons.
The company has also established a strong presence on the Internet that enables it to speed up the ordering of in-stock items. Besides, its website features several “online-only experts” that are not available from its catalogs.
It also takes part in waste reduction initiatives. Its offices recycle office supplies, toner and ink cartridges, mixed and corrugated paper. The firm has also invested significantly in the electronic workflow solutions that increase output efficiency and at the same time reduce waste.
Corporate Affairs
The company is estimated to be worth an annual revenue of $ 20 million. It has employed about 76 employees.
The company is headed by Michael Hara (President and CEO), who has an approval rating of 70%. The company’s greatest competitors are Signals, Collections Etc. and The Horchow Collection.
The company is in the Home Improvement Retail, Apparent Retail.
Sum Up
LTD Commodities maintains a steady commitment to the environment through several green initiatives such as free employee shuttles from the public transportation stations.
The company sources paper entirely from mills following sustainable forest management practices and produce its catalogs in ways that reduce the waste products and increase efficiency. They also use e-mail marketing initiatives which have gradually reduced dependence on environmentally intensive paper catalog production.
Despite their efforts to take care of the environment, they are so committed to making high-quality value products. The company does thorough product testing before releasing them to their customers. This ensures that the customer gets only quality products.
References
https://www.ltdcommodities.com/homeltd
https://www.bloomberg.com/profile/company/0084388D:US