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Wedding crasher redeems gift cards meant for brides and grooms

BY HBSDEALER Staff

Pamula McBride, a 46-yer-old woman from of Spokane, Wash., has been charged with felony grand theft in a scheme involving stealing retailers gift cards from wedding reception where she wasn’t invited, according to an article in the Lewiston Morning Tribune in Idaho. Police have implicated her in at least one other similar incident.

On Feb. 25, McBride was sentenced to 45 days in jail for stealing gift cards and personal checks from a wedding in Nez Perce County last June. An off-duty police officer, who happened to be a high school classmate of the suspect’s, recognized McBride and grew suspicious, according to investigators. When the newlyweds noticed a day later that some of their gifts were missing, an investigation began.

Home Depot, Macy’s and Costco were able to locate the original buyers of the gift cards to determine whom they were intended for. McBride was identified through a driver’s license she used to redeem one of the gift cards. She confessed to the thefts, the newspaper said, saying she was depressed at the time. McBride was sentenced to 45 days in jail for the crime.

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Home centers rank high in gift card survey

BY HBSDEALER Staff

Lowe’s ranked seventh and Home Depot tied for 10th in the recent Gift Card Performance Index released by the Global Prepaid Exchange.

Seventy-five retailers were evaluated in the study based on 2,300 American adults for gift cards received in the past holiday season.

The top 10 on the survey are:

1. Bath & Body Works 2. Red Lobster 3. iTunes 4. Amazon 5. Nordstrom 6. TGI Fridays 7. Lowe’s 8. Walgreens 9. Olive Garden 10. (tie) Home Depot 10. (tie) Outback Steak House

“If a gift card giver really thinks about the kind of store that a recipient likes, they will certainly make the experience more rewarding,” said Professor Dan Horne of Providence College in Rhode Island, who led the study. “Gift cards tend to be effective gifts because they show thought about the type of stores that recipients like, while still promoting a sense of autonomy and choice.”

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Robert Mellor joins board of Stock Building Supply

BY HBSDEALER Staff

Stock Building Supply has announced the appointment of Robert Mellor to its board of directors, where he will “provide expertise on expanding Stock’s business opportunities and help position the company for anticipated future growth,” according to the company.

Until recently, Mellor, 67, served as chairman and CEO of Building Materials Holding Corp. (BMHC), one of Stock’s chief rivals. He led the company in that position since 1997. BMHC emerged from Chapter 11 on Jan. 4 as BMC Select with a new executive team, with Paul Street, its former general counsel, named as the CEO.

“Our focus this year is to strengthen and extend our market footprint,” said Joe Appelmann, Stock’s president and CEO. “Rob Mellor brings extensive management experience and knowledge of the real estate, building supply and home-building industries to the company. His addition will be beneficial in many ways, including helping to identify and better understand the needs of Stock’s current and future customers. We are very fortunate to have him as part of our team.”

Mellor also serves on the board of directors of the Ryland Group, one of the nation’s largest home builders. He is a board member and lead director of Coeur d’Alene Mines Corp., a New York Stock Exchange company with headquarters in Coeur d’Alene, Idaho. Mellor has also served as counsel at Gibson, Dunn & Crutcher in San Francisco.

Headquartered in Raleigh, N.C., Stock Building Supply, affiliated with The Gores Group private equity firm, operates in 19 markets nationwide.

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