Cologne, Germany -- Does home center retailing need a new business model? One DIY pioneer thinks so.
Manfred Maus, who in 1970 founded OBI, which grew to become Germany’s largest DIY home center, spoke to Home Channel News at the 2012 Internationale Eisenwarenmesse – or International Hardware Fair – in Cologne, Germany.
“My children and my grandchildren will buy completely differently than we buy,” he said. “I think the home center concept is old. We need a new business model.”