The NATM Buying Corp. is looking to build its ranks.
According to executive director and newly elected president Bill Trawick, the eight-dealer group will actively entertain new members to help replace lost volume following the recent departures of H.H. Gregg and Sight ‘n Sound.
The former members did approximately $600 million in combined sales last year, bringing NATM’s annual volume down to about $2.1 billion, based on TWICE estimates.
Recruitment aside, Trawick, who is the first NATM director to also serve as president, said he doesn’t anticipate any change in the group’s strategic direction as a result of his added responsibilities.
Trawick succeeded longtime president and group leader Jerry Throgmartin, CEO of H.H. Gregg. (TWICE, Oct. 14, People, p. 14.)
The group has completed its relocation to new offices —around the corner from the old ones. Effective today, the buying group’s new address is 450 Seventh Ave., Suite 1309, New York, N.Y. 10123. Phone and fax numbers remain unchanged, as is NATM’s online address: www.natmcorp.com.