McCoy’s Building Supply promotes within the family
San Marcos, Texas-based McCoy's Building Supply has promoted one of its fourth-generation executives.
Meagan McCoy Jones will assume the rule of executive VP and chief operating officer.
“Meagan’s promotion recognizes the role she has had for some time now as we co-lead McCoy’s,” said president and CEO Brian McCoy. “Our family is fortunate to have a very capable and involved ‘next generation’ leader.”
Meagan is a member of the Board of Directors of McCoy Corporation, a partner in McCoy Remme Ranches, a member of the Executive Committee and Board of Directors of the Texas Association of Builders, and Co-Chair of the Legislative committee of the Lumbermen’s Association of Texas. She serves on the board of Mobile Loaves & Fishes, an Austin-based ministry to the chronically homeless.
McCoy's Building Supply is a family business that will be celebrating its 90th anniversary in 2017.
Slide Show: Somerville Lumber’s Big Deck Project
Somerville Lumber Company has embraced a philosophy of category specialization that shows itself impressively in The Deck Center, a 3,000-sq.-ft. standalone store that’s all about outdoor living. Here’s a look at the project.
Somerville Lumber builds on its strengths
Back in 2007, Somerville Lumber Company of Bridgewater, New Jersey, experimented with its approach to showcasing its decking products, a category that had grown from a small corner of the store to a 1,500-sq.-ft. display.
My, how times have changed.
From those early steps, the New Jersey pro dealer’s deck-center initiative is now running full speed ahead with a self-contained store of its own, plus plans for a satellite Deck Center taking shape in nearby Flemington.
The Deck Center, which shares a parking lot with the original Somerville Lumber facility, is one of a number of initiatives at Somerville Lumber that embrace specialization, expertise and the store-within-a-store concept.
The Bridgewater Deck Center — full name: The Deck Center Outdoor Living Showroom — currently measures 3,000 sq. ft., but will soon double in size.
According to Tony Loftus, Somerville Lumber’s manager, the standalone concept has generated a “significant increase” in sales. “And I think it’s because the customer comes in here, and not only do they have a much wider selection, but they can actually view the selection. It’s one thing looking in a magazine, but there’s something very special about standing on what’s going to be your own deck.”
That type of hands-on experience is especially important in a category with so many moving parts. “Every five minutes, it seems, there’s a new deck product released,” Loftus said.
The big three brands highlighted in the Deck Center are TimberTech, Azek and Wolf Decking — with a variety of other brands available through special order. More than just decks, the Deck Center showcases patio furniture, grills, lighting and railing — all things for the growing social trend and home improvement category of outdoor living.
“What separates us is our level of expertise,” Loftus said, referring to the overall operations at Somerville Lumber. “Especially for those customers considering projects.”
Somerville has 65 full-time employees, including 5 outside sales people.
Inside the main building, which itself is earmarked for a physical makeover as a giant retail project takes shape across the street, more specialization is apparent in the form of a Door Center, Window Center, Kitchen and Bath Design Center and Flooring Center. The company also operates a True Value Rental center.
The Door Center, staffed by two full-time dedicated door specialists, features 85 doors on display. Masonite, Therma-Tru and Simpson are the three brands that anchor the selection, which expands exponentially through the power of special orders.
True Value Rental is a new feature at the lumberyard, and one that the company is serious about improving. To that end, Loftus and another Somerville executive enrolled in True Value Rental College, a comprehensive and advanced 3.5-day training seminar that included contract writing, maintenance, marketing and inventory management. “Often we’ll attend an industry event and it’s a good introduction,” Loftus said. “But this was in-depth — this was not for the novice.”
Another way to leverage its True Value relationship is through its e-commerce website. And the company looks to take advantage of True Value inventory available to consumers online for in-store pickup. Loftus said the store will also embrace True Value’s Bargain of the Week and New Product end cap programs. New products coming through its co-op include housewares — blenders, electronics, small appliances — just about anything for the home, he said.
One of the keys to success at Somerville Lumber, according to Loftus, is the cross training that has led to a staff that has specialization in some areas, and general knowledge in all areas. Titles are “mere formalities,” he added, and ideas for improvement come from across the company, shaping product mix, procedures, customer service concepts and marketing ideas.
"Strategic planning in the past few years has addressed the question: What can we do better?” Loftus said. “And these ideas didn’t happen overnight. There has been a long thought process going into this, and most of the finer details have been worked out.”