Rebates and spirits high at Do it Best Fall Market

Despite the reality that co-op sales were under $2.4 billion (a 2.1% decrease), Do It Best was in high spirits due to its success in securing over a $100.6 million in rebates for its company’s members. The company announced the rebate news at the 2010 “Fall Market” in Fort Wayne, Indianapolis during the co-op’s annual shareholder meeting. Although declines hit direct sales and retail service centers (5.2% and 4.2% respectively), lumber sales jumped up to 7.2%. President and CEO Bob Taylor attributed the company’s large member rebates during a weak economy to upgrades in the company’s logistics and order fill systems…Read More