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Readers Respond: Midterm Predictions

Results of reader survey reveal expectations for a Republican surge.

BY HBSDealer Staff

Here’s the current state of things in Washington, D.C. There are 435 seats in the House, and all of them are up for election on Nov. 6. In the senate, 35 out of the 100 seats are being contested in the midterm elections.

The Senate is controlled by Republicans. The House is controlled by Republicans. And the White House is controlled by the Republican Donald Trump.

The president is safely in position until at least 2020, but there’s some possibility that the Nov. 6 midterm elections will change the balance of power to some degree. The latest HBSDealer poll question asked readers to forecast how Congress will look on Nov. 7 — who will gain seats, and who will lose them, and where.

Readers expect gains for Republicans. Here’s the breakdown:

• Gains for Republicans in both houses: 54%;
• Gains for Republicans in Senate, Democrats in House: 22%;
• Gains for Democrats in both houses: 21%;
• Gains for Democrats in Senate, Republicans in House: 2%;
• Gains for third parties in both houses: 1%

The poll remains active and available on the right side of the page (or scroll down your mobile device). Also, HBSDealer invites your midterm-election commentary. Share with us here.

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REPORT: Builders FirstSource exiting New England

The Dallas-based pro dealer is closing its branch in East Haven, Conn.

BY HBSDealer Staff

Builders FirstSource is closing its branch in East Haven, Conn., according to a report by HartfordBusiness.com.

In a filing with the Department of Labor, the Dallas, Texas-based pro dealer said the location will begin letting employees go as early as Dec. 26, including drivers, sales personnel, and drywall carriers.

The move will mark Builders FirstSource’s departure from the New England region. The dealer operates more than 25 locations in New York and New Jersey but none north of the Tri-State region.

Builders FirstSource operates more than 400 locations in 40 states.

On Nov. 1 Builders FirstSource reported third quarter 2018 net sales increased more than 12% to $2.1 billion from third quarter 2017 net sales of $1.87 billion. The dealer also posted a net income of $73.3 million for the quarter, nearly doubling a net income of $39.8 million in the third quarter a year ago.

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Lowe’s appoints CIO

A former Target exec has 25 years of global tech experience on her resume.

BY HBSDealer Staff

Lowe’s appointed Seemantini Godbole as chief information officer, effective Nov. 12. Godbole currently serves as senior vice president, digital and marketing technology, at Target Corporation.

Godbole brings to Lowe’s more than 25 years of global technology experience. She helped lead Target’s digital technology transformation, including the re-architecture of the company’s digital platforms, implementation of agile product management and the introduction of technology for new customer experiences including the mobile applications, buy online and pick up in-store and ship from store programs, guest order fulfillment, digital wallet, localized pricing, and customer loyalty and engagement offerings. Godbole has led development of long-term technology roadmaps, portfolio planning and engineering, operational support functions and ecommerce platforms.

“Seemantini is a tremendous addition to the Lowe’s executive leadership team,” said Marvin R. Ellison, Lowe’s president and CEO. “She is a proven retail executive and brings to Lowe’s extensive expertise in transforming digital platforms to drive outstanding results by focusing on the technology needed to improve the customer and associate experience. I am confident Seemantini is the right leader to advance Lowe’s technology efforts for the future.”

Seemantini Godbole

Prior to Target, Godbole also spent 15 years at American Airlines/Sabre and Travelocity where she held a variety of senior technology leadership roles globally.

“I am excited to join Lowe’s and look forward to strengthening our competitiveness by developing a world-class technology team that will meet and exceed the evolving expectations of the customer while also providing the right tools and technology for our associates,” said Godbole.

Godbole is a graduate of Texas Tech University, where she received a master of science degree in computer science. She also holds a bachelors of engineering degree in electrical and electronic engineering from the National Institute of Technology in India.

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