![]() ![]() You can download the signed to your device or share it with other parties involved with a link or by email, as a result. The whole procedure can take a few seconds. Check that everythings fine and press Done.Create your eSignature, and apply it to the page.Open the doc and select the page that needs to be signed.Search for the document you need to electronically sign on your device and upload it.If you dont have an account yet, register. Type in your phones browser and log in to your account.It shares a distribution center in Mexico, MO, with HDC.Home Decorators Collection Motorized Cellular Shades | The Home Depot Get hampton bay warranty signed right from your smartphone using these six tips: “Our current staff of about 130 will eventually grow, but for now we will be sharing services with HDC, helping us out with receiving merchandise and shipping products to our customers.” Soft Surroundings has offices and a contact center in St. “Some time over the next 18 months, we will be getting our own distribution center in St. In fact, the HDC catalog will soon be available in Home Depot stores, although Osta offered no timetable as for when this will begin.Īs for Soft Surroundings, its chairman/CEO, Tom Wilcher, says the seven-year-old brand will begin to expand. This is a tremendous opportunity to accelerate the HDC catalog business as well as generating new customers for both entities.” ![]() “If they can accomplish that, it’s the Holy Grail. Lee Helman, managing director at New York-based investment bank Gruppo Levey & Co., believes that Home Depot envisions cross-selling opportunities with HDC customers who are not already Home Depot customers and vice versa. “I would expect that HDC has higher gross margins and would help improve overall gross margins in the new combined business, as was the case when 1-800-Flowers acquired Plow & Hearth,” West adds. “This reflects the premium multiples being paid in our industry for large, profitable, well-run businesses.” Another factor that may have contributed to a premium valuation is what West calls “favorable seasonality.” According to the HDC package insert program data card, each quarter of the calendar year accounts for 25% of total revenue, making for a consistent flow of revenue. “On the surface, although evaluations were not formally discussed in its release, I would guess that due to its size and economies of scale, Home Depot paid a multiple in the range of 9-10.5 times earnings before EBITDA for Home Decorators Collection,” says Larry West, principal of New York-based catalog investment bank West Cos. Industry watchers were positive about the deal. “As significant as the acquisition is, it’s primarily an addition-a way to further expand our direct-to-consumer platform.” “We are excited about the acquisition, and view it as part of our three-tiered approach to enhance the core retail business, extend it into adjacent areas, and into new markets,” she says. Home Depot spokesperson Jean Osta says the acquisition is part of the direct division’s long-term growth plan. Grant Williams, chairman of Knights Direct, will remain in his role with Knights and provide advisory services to Home Depot Direct through 2006. Knights Direct’s other brand, bedding and spa products catalog Soft Surroundings, is not part of the deal. The division’s titles include upscale décor and lighting catalogs 10 Crescent Lane and Paces Trading Co., its recently launched Outdoor Living catalog, and the core Home Depot title, which focuses on decor rather than on the building and maintenance supplies that Home Depot’s stores are best known for. ![]() According to Home Depot, the acquisition of HDC will double the size of its Home Depot Direct division. ![]()
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