This is a snippet of the transcript, sign up to read more.
The difference between Home Depot and, say, Builders FirstSource, is that we have displays, which are also important. People want to see the product actually as a deck with railing on it. I did a lot of work to make those better for us. We have all the samples and literature, which is key, especially when dealing with homeowners. They want to see all the different products and understand the different levels. You can work with them on their budget. Home Depot and Lowe's are not going to do that; they are literally order takers.
This is a snippet of the transcript, sign up to read more.
I think they're still working on that, to be honest. In terms of how they interact with other regions, there was really no interaction with San Diego. They were working separately, using different systems and different management. They were not working cohesively. From what I understand now, and I'm not there anymore, but I know some people there, they are slowly coming together, even if it's just a localized strategy, like a California strategy. But like any merger, it's painful and takes time. I've been through this before when I worked at British Telecom in the UK. It takes time for everything to come together. People lose their jobs, positions change, different cultures and strategies need to merge. So, bringing it all together into a cohesive way of operating is going to take some time.
This is a snippet of the transcript, sign up to read more.
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.