History of furniture stores that offer payment plans
Self-described as ‘A little bit quirky, a lotta bit fun.’ Bob’s Discount Furniture is a relatively new player in the game but one which has made its mark in the lease to own furniture industry. Bobs Furniture is a regional chain of privately owned home and office furniture stores. Established in 1991 in Newington, CT, there are now approximately 70 locations situated in the Northeast, Mid-Atlantic & Midwestern United States, expanding as far as Chicago & St. Louis.
Company founder Bob Kaufman’s course change forever when in 1976 he was injured in a motorcycle accident. He spent time recuperating in a waterbed, the experience inspiring Kaufman to start a waterbed business. He rented space in 24 New England stores and sold his waterbeds during the 80’s, but by 1990 the waterbed market dwindled. Together with his business partner Gene Rosenberg, they acquired a storefront in Newington, CT from a recently bankrupted business, and the first Bob’s Discount Furniture store was born. Bobs Furniture grew in the 90’s thanks to their quirky, off-beat TV commercials starring Bob Kaufman himself, broadcasted at key times and in key markets (for example, during MLB games).
The new millennium showed incredible growth for the regional discount furniture chain. Not to mention order now pay later catalogs. Attracting attention due to their ability to grow their furniture credit business despite economically unfavorable conditions, Bobs Furniture attracted investors. Currently, Bob’s Discount Furniture is a leader in online furniture credit and financing.
Bob’s Discount Furniture shows its contribution to the history of rent to own through its founder’s inspiration, the use of commercials to gain market recognition, its online furniture store and the adoption of store cards for bad credit and its ‘My No Credit Needed’ no credit check payment option. Aside from sponsorships, whom Bobs Furniture is a sponsor of multiple professional sports teams, Bob’s Discount Furniture is also known for helping ensure that people needing credit for bad credit can get credit to buy furniture.
*This page is only for information purposes and all information is not guaranteed to be accurate and or reliable. We accept no responsible for incorrect information and all viewers and users of our website are encouraged to do their own research and not rely on the contained publishing. All information was made available on the following websites: Bob’s Discount Furniture, Wikipedia, Reuters, D&B Hoover and Crunchbase. In no way are we affiliated with, owned or operated by Bob’s Discount Furniture LLC or any other subsidiary thereof.