Home Depot marketing chief resigns
In an internal memo to Home Depot associates, company CEO Frank Blake said chief marketing officer Roger Adams is leaving the company “to explore other opportunities.”
Adams oversaw numerous marketing initiatives in his time with the retailer, including the company’s NFL partnership and the Home Depot “True Stories” campaign. Adams served as chief marketing officer since October 2006; prior to that, he served as senior vp-marketing for the company.
John Ross, vp-advertising for Home Depot, has been named interim head of marketing following Adams’ departure.
“John has been an integral part of the Home Depot team over the past 10 years,” Blake said in the memo. “During this interim period, John will report directly to me and will lead all marketing and advertising programs and initiatives for the company.”
Earlier this week Home Depot’s vp-inventory planning and replenishment, Anne Frazer, left the company to serve in a commensurate position with book and media retailer Borders.
CertainTeed sets sights on Las Vegas
CertainTeed Gypsum has announced plans to open a new manufacturing plant for joint compounds, tapes, powdered textures and other finishing products in north Las Vegas. Construction on the 100,000-squre-foot facility will begin this month, with production expected to begin late next year.
Based in Valley Forge, Pa., CertainTeed Gypsum already operates a wallboard plant in Las Vegas. The company, a subsidiary of Saint-Gobain, also has a joint compound plant in Kent, Wash.
When the second joint compound plant opens, CertainTeed Gypsum will be able to unite both of its product lines — wallboard and finishing products — in one shipment, the company said.
84 Lumber closes Minnesota stores
Citing a dearth of building activity in the St. Paul and Minneapolis region, 84 Lumber closed its two locations in that metro area. Employees were informed yesterday, said Jeff Nobers, vp-corporate communications.
“Building activity is almost non-existent in some of these markets,” Nobers said.
The two locations are Hugo, 17 miles northeast of St. Paul, and Lakeville, 19 miles south of Minneapolis. Combined, the lumberyards employed 34 people.
With $3.7 billion in sales reported for 2006, 84 Lumber ranked third on HCN’s Pro Dealer Top 350 list.
Other national pro dealers are also scaling back their locations and personnel to cope with the continued downturn. Pro-Build Holdings has closed 20 locations in previous months, and Stock Building Supply has shuttered 22 stores and cut 20 percent of its work force, or approximately 3,500 people.
During an analyst conference call in July, Builders FirstSource revealed it had reduced its work force by 18 percent — as measured by “full-time equivalent employees” — during the second quarter of 2007