Washington store remodeling

/\ N expansive store remodeling prof\ject has recently been completed at the Lumbermen's of Washington, Inc. home center in Shelton, Wa.

According to Dick Rust, store manager, the purpose of the remodeling was to increase floor sPace in the specialty sales area (floor coverings, cabinets and appliances) and to make more efficient use of display spaces in the store as a whole. The project's design came from Larry Knudsen, v.P. of Lumbermen's.

The Lumbermen's project included

Story at a Glance

Remodeling increases disPlaY space for floor coverings, cabinets and appliances, adds new "open" offices, relocates main entrance and moves several departments ... most of the work was done bY the firm's own employees.

moving the main entrance, adding automatic doors, setting up a new cash checkout counter with two electronic registers, and relocating several departments including the garden and receiving area.

New managerial offices on a raised portion in the center of the store were built in the "open" concept, with short four-foot dividers separating offices from display areas. A receptionist's desk was incorporated into the office area also.

Except for structural work, most of the project was handled by Lumbermen's employees, says Rust. Two thousand square feet were added to the specialty area, providing for three complete kitchens and several bath displays.

Total display area in the store is now approximately 12,000 sq. ft. Cost of the remodeling totaled about $s0,000.

Lumbermen's of Washington is a privately owned corporation headed by R. M. Slettedahl, president. Home centers are located in Shelton, Lynnwood and Bainbridge Island, Wa. and the firm includes two construction divisions plus electrical and plumbing contracting divisions.

I{EW MAIN entrance (right rear, top picture) resulted from remodeling proiect to gain more display space in Lumbermen's of Washington store, Shelton, Wa. A big, bright "Thank You" for customers is posted above the automatic doors. Bath display area (lower photo) was expanded to include more merchandise, more comprehensive displays. A selection of lighting fixtures is integrated within the displays.

Truck drivers know all the best spots and that's where Kimberly-Clark ranks. Our loading crews are on hand from 7:00 a.m. to midnight five days a week, with a big supply of strapped and wrapped lumber, and a deft way with a lift truck. You pull into KimberlyClark, and in no time you're on your way with a warm heart and aglow of satisfaction.

We're big on mixed loads and overnight service. In fact, if your destination's within a radius of 500 miles and you can get your truck here before 5:00 p.m., we can practically promise you its unloading will be the first order of the day.

Next time you have a yen to get into fast company, remember Kimberly-Clark.

Kimberlq,Clark

(Forest Products Division)

ANDERSON, CALIFORNIA 96007

PHoNE: (LUMBER SALES MANAGER) (sl6) 36s-7661

P.O. BOX 697

RHINOHIDE SALES . PHONE: (916) 246-4988

MOULDING & MILLWORK PHONE: (916) 36s-2910

PONDEROSA PINE SUGAR PINE WHITE F/R DOUGLAS

FIR . INCENSE CEDAR MOULDINGS JAMBS DOOR

FRAMES . CUT STOCK PROVIDED SOLID AND FINGER JOINTED, NATURAL, MILL.PRI[48D, VINYL OVERLAY

MARENISCO, MICHIGAN . PHONE: (906) 787-2233

HARD lr/APLE. SOFT N4APLE. BIRCH. SOFT GRAY ELIV BASSWOOD ASH BEECH NOBTHEFN HEN/LOCK

NORTHERN WHITE PINE DRY KILNS . PLANING TUILL AND DII\,,1ENSION CUT STOCK, GOODWATER, ALABAMA o PHONE: (205) 839-6368

PIEDI,IONT PINE. SOUTHERN YELLOW PINE

I AST month some of the basic l- concepts of lumber and plywood futures were discussed (see The Merchant, AtE., p. 13/. Hedging was defined and some thoughts developed as to the differences between the castr market and futures. Mention was made of the increasing use of the futures markets by the various segments of the forest products industry.

This month's article will deal with hedging itself, with comments on advantages and disadvantages. Also covered will be two examples of actual hedging transactions not usually described in discussions on hedging. These were picked deliberately to show how a thorough knowledge offutures act. ually provides the benefits so neatly described in exchange and brokerage fum literature.

The ability to shift a business risk by hedging in the futures market makes hedging a valuable management tool. Like any other tool there are numerous sizes, shapes and varieties. Probably most important is the knowledge of when it should or should not be used. Obviously a futures market trading at a substantial premium to the cash market holds a definite advantage to a mill which would be sell hedging (selling futures) as opposed to a retailer who might find it necessary to be looking at a buy hedge (buying futures).

Hedging examples usually assume cash prices and futures prices move up