BlueLinx announces consolidation
BlueLinx Holdings, a nationwide distributor of building materials, has announced plans to eliminate underperforming skus from its assortment as part of a cost-cutting effort. The company plans to “aggressively sell through its inventory in these skus” commencing in the fourth quarter, according to a prepared statement.
No details were given on which skus have been targeted, or how many are involved. BlueLinx will also consolidate its Atlanta headquarters and sales center into one building, thereby saving a projected $1 million to $1.5 million in operating expenses in 2008. Both buildings are leased facilities, and declines in headcount have produced excess capacity. According to the statement, both moves were prompted by the nprolonged downturn in the housing market.i
Lancaster appoints new executive
Lancaster, a distributor of paint and wallpaper sundries in 37 states, has appointed Geff Lynch as its new vp-marketing. Lynch previously served as the company’s vp-sales for the western region. Gavin Rushevics has been hired to fill Lynch’s position.
Headquartered in Spartanburg, S.C., Lancaster is a privately held company with six distribution centers in California, Texas, South Carolina, Florida, Kentucky and Pennsylvania. The distributor represents independent paint stores, hardware stores, home centers, lumberyards and other retail outlets in the United States, Mexico, Central America and the Caribbean.
Management changes at Newell Rubbermaid
Storage and housewares manufacturer Newell Rubbermaid has announced key senior management changes with the goal of “speeding the company’s transformation into a marketer of consumer-driven brands.”
James Roberts has been appointed executive group president-office products and cleaning, organization and decor. Roberts has been responsible for Newell Rubbermaid’s tools and hardware and cleaning; and organization and decor segments since 2003. He will retain responsibility for cleaning, organization and decor, while assuming the additional responsibility for office products.
William Burke III will succeed Roberts as group president-tools and hardware. He also will retain responsibility for the company’s Lenox Industrial Products and Services business in North America until a successor is named at a later date.
Steven Marton has been named president-special assignments, after heading up the company’s office products segment since 2004.
The management changes are in addition to the recently announced appointment of Jay Gould as group president-home and family. All four executives will report directly to Newell Rubbermaid president and CEO Mark Ketchum.
“These business segment leaders have proven their ability to grow revenue and profit in challenging categories, while building brands, partnering with customers and suppliers and building organizational capability,” Ketchum said.