NOTE 16: Related Parties
A brother-in-law of the Company’s Chief Customer Officer is a senior officer and shareholder of a vendor that provides millwork and other building products to the Company. The Company purchased products from this vendor in the amount of $70 million in 2013, $78 million in 2012 and $82 million in 2011. Amounts payable to this vendor were insignificant at January 31, 2014 and February 1, 2013.
A member appointed to the Company's Board of Directors during fiscal year 2013, also serves on the Board of Directors of a vendor that provides branded consumer packaged goods to the Company. The Company purchased products from this vendor in the amount of $145 million in 2013. Amounts payable to this vendor were $11 million at January 31, 2014.
