September 19, 2014 11:27 PM ET

Specialty Retail

Company Overview of Bob's Discount Furniture, Inc.

Company Overview

Bob's Discount Furniture, Inc. operates as a furniture and bedding retailer in the Northeast and mid-Atlantic regions. It offers living room furniture, including living room sets, sofas, sectionals, loveseats, sleeper sofas, reclining furniture, recliners, accent chairs, coffee and end tables, area rugs, accent cabinets, and electric fireplaces; bedroom products that comprise bedroom sets, beds and headboards, dressers and chests, nightstands, mattresses, and youth furniture; furniture for kids; and dining room furniture. The company also provides home accents, such as accent chests, bars, curios, electric fireplaces, and rugs; entertainment furniture comprising television stands and media c...

428 Tolland Turnpike

Manchester, CT 06042

United States

Founded in 1991

Phone:

860-645-3208

Fax:

860-645-4056

Key Executives for Bob's Discount Furniture, Inc.

Chief Executive Officer
Age: 61
Founder and President Emeritus
Co-Founder and Co-Owner
Senior Vice President of Real Estate
Compensation as of Fiscal Year 2014.

Bob's Discount Furniture, Inc. Key Developments

Bob's Discount Furniture to Open New Stores in Riverhead and Wilkes-Barre

Bob's Discount Furniture, Inc. has announced that it will open new discount furniture stores in Riverhead, New York and Wilkes-Barre, Pennsylvania on August 28, 2014. The new Riverhead, N.Y. 23,000-square-foot store, located at 1858 Old Country Road, is expected to add 20 new jobs to the local economy and will be managed by Crystal Merriman, who has worked in the retail furniture industry for more than a decade, most recently as sales manager at Bob's Yonkers, N.Y., store. The new Wilkes-Barre, Pa. 34,000-square-foot store, located at 3420 Wilkes-Barre Township Commons, is expected to add 20 new jobs to the local economy and will be managed by Roy Horton, whose 20 years of retail experience includes management positions with Sears and Dunkelberger's Sports Outfitters.

Bob's Discount Furniture Celebrates Opening of its Three Newest Discount Furniture Stores

Bob's Discount Furniture announced grand opening of its three newest discount furniture stores. The new stores - the first Bob's locations in the greater Philadelphia area - reflect the company's continued commitment to serving residents throughout the East Coast and Mid-Atlantic regions, and are expected to add hundreds of new jobs to the local economy. Locations and managers for the new stores are: King of Prussia, Penn. This 30,000-square-foot store at 330 W. DeKalb Pike (Route 202), in the DeKalb Plaza, will be managed by Tony Warner, former manager of Bob's Yonkers, N.Y., store. Cherry Hill, N.J. - This 31,000-square-foot store at 2234 W. Marlton Pike Road (Route 70), in the Garden State Pavilions Center, will be managed by Adam Abbassi, former sales manager at Bob's Secaucus, N.J., store. Wilmington, Del.- This 45,000-square-foot store at 5200 Brandywine Parkway, in the Brandywine Town Center, will be managed by Lisa Libretti, former manager of Bob's Carle Place, N.Y., store. With these three new locations, Bob's has opened seven stores in the past twelve months, including two in the Washington, D.C., area last February, and two in the New York City area in May. Bob's Discount Furniture now has fifty stores in eleven states.

Bob's Discount Furniture, Inc. to Open Two New York City Stores; Appoints Christian Toerres and John Grimaldi to Manage Stores

Bob's Discount Furniture announced it will contribute a total of $27,000 to 16 New York City schools and two youth-focused charities to celebrate the May 23 opening of its newest discount furniture stores in Brooklyn and the Bronx. The new stores, the fourth and fifth New York City Bob's locations, reflect the company's continued commitment to serving NYC residents, and are expected to add more than 130 jobs to the local economy. Children's entertainment will include balloons and face painting, as well as a sing-a-long, book giveaway and book signing with "Heavenly Skies & Lullabies" author Dr. Kathy Reilly Fallon. Reilly Fallon will be at the Brooklyn store from 10 a.m. to 12 p.m. and at the Bronx store from 2 to 4 p.m. on May 23. Christian Toerres will manage Bob's new 25,114-square-foot Brooklyn store at 2520 Flatbush Ave. John Grimaldi will manage the company's new 29,430-square-foot Co-op City store in the Bronx at 2146 Bartow Ave., in the Bay Plaza Shopping Center.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 30, 2013
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