One of the first major locksmith shops in the country is opening in Walgreen stores across the country, as well as in major shopping centers in other states, including Atlanta, Florida, and Florida, according to a report in The Wall Street Journal.
The Walgrews store in Tuscaloosa, Alabama, will be the first in the U.S. to have a lockmith shop, and it will be part of the Walgens nationwide rollout, the Journal reported.
The Tuscaleo, Alabama-based locksmith shop has been in operation since 2011, but the store is now slated to open at the end of February, according the Wall Street journal.
The store is expected to offer two different styles of locks, as opposed to one standard style, as it’s now able to offer both single- and double-action designs.
The shop will have an average sales of $3.50 a lock, according a Walgills press release, with the average price per lock being around $1.50, and the average retail price being $7.70.
The first Walgores store to open in a major U..
S., it has been a longtime dream of lock industry veteran Bob Johnson, who has been involved in the industry since the 1950s.
Johnson was able to build the company he now owns, Locktronics, after his father died, and he says that this store will be a stepping stone for other companies to open shop.
“The biggest challenge I had when I started Locktronic was finding a market for the lock, because you don’t have a market in a lot of the countries that we’re going to be working in,” Johnson told the WSJ.
“But we were able to find a market.”
Locktronics operates in more than a dozen countries, with locations in Australia, Belgium, Canada, Denmark, Finland, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, New Zealand, Norway, Singapore, South Korea, Spain, Sweden, United Kingdom, and Washington.
It currently has more than 4,000 locks in operation across the U, as of February 2019.
The company has a network of more than 50,000 lock shops across the world, and currently employs more than 1,200 people worldwide, according Locktops Global spokesperson David Sowles.
The company has partnered with the American Lock Company and offers locks for nearly every imaginable lock brand and model.