FEDCO, Inc., Selects American Placement Company as Delivery Vendor

Furniture World Magazine

FEDCO. Inc. has selected American Placement Company of Norwalk, CA for delivery of furniture and major appliances to its member customers in the greater Los Angeles and San Diego areas. The move, one of an ongoing series of improvements implemented by FEDCO'S new management, was necessitated by a surge in furniture and appliance sales. "Furniture sales were tip significantly in 1997, and the momentum has continued this year, with sales up 31% in February and March. " said David Lamons, president of FEDCO'S furniture division. "We have achieved these gains for several reasons., but foremost among them is that we now stock a greater variety of merchandise from the leaders in all furniture categories. and with a better in-stock position." Robert J. Stevenish, FEDCO's president and chief executive officer. said American Placement will provide new capacity and delivery reliability in a time of rapid growth. "American Placement Company is one of the leading delivery services in the United States.," he said. "They care about customer service. They pioneered time-window delivery, and created a system of in-carton delivery and working with manufacturers on packaging that reduced damage by 50%. 1 think- our members will be very pleased with the delivery service we will be able to provide." FEDCO- with 3.9 million member customers. operates 10 membership mass merchandise centers and three furniture and appliance centers in the greater Los Angeles and San Diego areas. FEDCO stores sell a very broad range of competitively priced, brand-name hard and soft merchandise lines and groceries.