TodayJuly 31, 2021

Barry Meguiar’s retail business is waxing

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Barry Meguiar broke ranks with his Father and Grandfather when he told them, “whether you like it or not we are in the retail business.”

Meguiar’s had been a wholesale business since 1901 selling Meguiar’s Mirror Glaze furniture polish. All the horse carriages were black, and the owners found that Meguiar’s did a better job than any other polish.

All the car polishers were using Meguiar’s Mirror Glaze No. 7 Sealer and Reseal Glaze, which they bought from custom paint shops. Barry started selling retail through car shows. Most car owners don’t wax their cars anymore, only ten percent wax their cars, but the clear coat still gets scratched.

Meguiar’s went from being wholesale to selling a one-step cleaner wax retail in 1973, to being sold to 3M Corp, to now selling seventy retail products in Walmart. That’s a business that is waxing, not waning. [/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Lou Ann Hammond

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a founding member of the Women's World Car of the Year #WWCOTY, and board member of the Women in Automotive.