Hardware Retailing

SEP 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

Issue link: http://hardwareretailing.epubxp.com/i/863265

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Page 68 of 118

HARDWARE RETAILING | September 2017 64 A Budding Career After working summers and vacations at the store during high school, Menzer went on to college, where she earned her degree in business management and marketing, always with the intent of returning to Cherryvale. Immediately after graduation, she came back to the family business and set to work learning the management ropes from her father. For the father-daughter team, there was an urgency in getting her up to speed on every aspect of the operation. "My grandfather passed away unexpectedly when he was 59 years old, so my dad, at the age of 32, had to take over running every part of the business," Menzer recalls. "Because we knew how difficult that was, we wanted to make sure we were prepared should anything ever occur." This intensive training quickly gave Menzer the insight she needed on operations, and in short order, she became an integral part of running the business. "Megan was very quickly more of a partner than an employee," Joe says. After returning to the business, however, the partnership almost dissolved. Menzer recalls a brief period where she thought about branching out from Cherryvale and the potential decision to pursue a different career path. Menzer was called in to a job interview with what was, at the time, a relatively new company called Amazon. When she showed up for the meeting, she found out she would be interviewing for a job as an assistant to the president and CEO. For someone with a college degree and experience working in a family business, Menzer says this opportunity held little appeal. "My dad and I joke about it now," she says. "Kind of like 'What might have been?' I went in for the interview, and they actually brought in Jeff Bezos [the founder of Amazon], but when From its origins as a supplier of plumbing, heating and electrical items, Newton's True Value has evolved to meet the needs of a more diverse customer base and today has two locations offering full selections of hardlines.

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