Penney taps former Home Depot to head up stores
J.C. Penney Company appointed Joe McFarland as executive VP stores, effective immediately, succeeding Tony Bartlett.
McFarland, similar to J.C. Penney CEO Marvin Ellison, is a Home Depot veteran. He worked at the home improvement giant for over 20 years, most recently as president of its Northern and Western Divisions, where he was responsible for the sales and operations of up to 800 stores in 24 states. McFarland began his career at the chain as a sales associate.
“Joe is an outstanding, solutions-driven leader with a proven track record of implementing in-store omnichannel initiatives, driving operational excellence and superior customer service within a highly competitive retail landscape," said Ellison. "We are confident his commitment to excellence will further our efforts to streamline tasks, increase productivity and improve processes throughout all J.C. Penney stores."
In his new role, McFarland will lead the operations of all 1,000 J.C. Penney stores. His responsibilities will also include the implementation and support of numerous key initiatives, including same day pickup, in-store jcp.com fulfillment, improving sales productivity and more.
In announcing his appointment, J.C. Penney noted that since August 2015, McFarland has been pursuing his passion of providing affordable housing to families in need. He and his wife established an Atlanta-based non-profit real estate company to help achieve the goal.
McFarland is a Gulf War and Desert Storm veteran.
Wide open doors and windows of opportunity
It’s only been a couple of years since HBSDealer did a windows and doors spread, but much has been happening in the world of fenestration. On one hand, materials are getting smarter in their ongoing mission to weather the elements. On the other, aesthetic preferences are changing, and suppliers are providing everything up to and including the appropriate wall-mount door hardware to meet consumer demand.
Here’s a mere sampling of where the industry’s mind is at in the wide world of windows and doors.
NanaWall Aluminum Folding Glass Wall BEARricade (pictured above)
Because doors and windows aren’t just for keeping the weather at bay, NanaWall has come up with a solution for homes in the wilderness that wish to bring the outdoors in — but not too far in. The BEARricade uses reinforced structural posts and impact-resistant glass to keep large beasts at bay. (nanawall.com)
ProVia Endure Window Series
Launched this past September, the Endure Window Series hones in on high-performance, energy-saving features like an R-9 thermal value, Energy Star certification, full perimeter triple weather-stripping and more. (provia.com)
Johnson’s Wall Mount Door Hardware
Barn doors are really growing on U.S. homeowners, and the advent of special sliding door hardware was only a matter of course. Johnson’s Wall Mount Door Hard- ware can be installed with minimal expertise for a cost-friendly alternative to pocket door installation. (johnsonhardware.com)
Hy-Lite Baroque Privacy Window
The newly launched Home Designer Collection of decorative glass windows already has a clear consumer favorite: the Baroque style, which netted twice as much in sales as of last September. The Baroque window features silkscreened tempered privacy glass with a design inspired by tile patterns. (hy-lite.com)
Masonite Exterior Decorative Glass
A new collection of inspired exterior glass may put performance first, but design comes in a close second. Safety, energy efficiency and privacy come together in a lineup of nine glass designs based off of extensive consumer research. (masonite.com)
Pella Ventura Garage Door
Everything is up for reconsideration in these modern times — even the garage door options homeowners have to choose from. The Ventura Garage Door exemplifies the sleek, modern trend that’s otherwise known as “bringing the outdoors in.” (pellagaragedoors.com)
Andersen VeriLock Sensors
Yes, smart home is touching virtually every aspect of our lives these days — up to and including window locks. The VeriLock Sensor allows homeowners to know whether their windows or patio doors are open (or even just unlocked). (andersenwindows.com)
Simpson WaterBarrier Technology
Now available for virtually any Simpson door design, WaterBarrier technology combines moisture-resistant, medium-density overlay (MDO) with a thermoset acrylic latex primer topcoat and PVC glazing beads to resist moisture. (simpsondoor.com)
Builder concerns unveiled
There's been a change at the top of the list of top concerns for builders.
According to results from a Morgan Stanley/HomeSphere survey of builders conducted in December, the top biggest concert for 2016 is the rise in cost of building materials, cited by 48% of respondents.
The concern over LBM material took the top spot from "home building labor shortage," which fell to second with 40% of respondents.
Results from the survey, shared during a recent webinar hosted by Morgan Stanley and HomeSphere are:
- Rising costs of building materials, 48%;
- Home building labor shortage, 40%;
- Lackluster job creation and income growth, 35%;
- Higher interest rates, 31%;
- Rising cost of land, 29%;
- Stagnant approval process, 26%;
- Tight mortgage underwriting conditions, 25%;
- Tight financing, 16%;
- Lack of first-time home buyers, 13%;
- Rapid rise in home prices, 11%;
- Limited new home inventory, 3%.
Also in the realm of labor shortages, builders are increasingly concerned not only with longer build times, but also lower gross margins due to higher labor costs.