D&H’s Izzy Schwab
The philosophic underpinnings of retail have always been fairly straightforward: you see a need, you fill a need, and you hope to make some money along the way. But the secret to profitable distribution has, especially in the last couple of decades, been more of a moving target.
Israel “Izzy” Schwab, CEO of D&H Distributing, one of the most successful distribution operations in the CE and IT industries, will tell you a good chunk of his success is based on “bluffing it” half the time.” The truth is, though, Schwab has made a career out of first-to-market adaptability and calculated go-with-your-gut risks.
A chapter from the late 80s may tell Schwab’s story best. At that time, the CE and white-goods channels in the U.S. were ruled by twin behemoths RCA and Whirlpool. Those two trusted manufacturers had hand-chosen local distributors in every region of the country and forbade those distributors from handling competitive products. The vendors were calling the shots. But retail models had been evolving in the 70s and 80s with the rise of chain stores, and Schwab saw those changes as an opportunity to take his distribution services to the next level.