In a landmark transaction, Becker Furniture, a well-established Minnesota-based furniture chain, has been acquired by South Dakota’s Furniture Mart USA, marking the end of decades of local ownership. This pivotal move accentuates South Dakota’s growing influence in the retail furniture sector and its commitment to expanding its regional presence.
Founded in 1978 by Doug and Julie Huseby, Becker Furniture has been a staple of Minnesota’s retail landscape for nearly 50 years. The chain operates seven stores across Minnesota, including noteworthy locations in Blaine, Burnsville, Maple Grove, Maplewood, Minnetonka, and Woodbury. However, the crown jewel of the chain remains its 250,000-square-foot flagship store in the town of Becker, complete with its own restaurant, drawing customers from across the state.
This acquisition by Furniture Mart USA, founded a year earlier in 1977 by Bill Hinks, aligns with the company’s strategy to fortify its market share across the Midwest. Furniture Mart USA already has a significant presence with stores in Iowa, Illinois, the Dakotas, and Wisconsin, and this acquisition is expected to bolster its prominence even further.
Joel Huseby, son of the founders and current owner of Becker Furniture, expressed optimism about the future under the new ownership. Joel will be joining Furniture Mart’s leadership team, ensuring that his family’s legacy is preserved while enabling the brand’s growth under a broader umbrella.
South Dakota’s Furniture Mart USA has shown a particular knack for navigating the complex dynamics of retail consolidation, setting an example of strategic growth while maintaining a commitment to local communities and family values. This acquisition exemplifies these tendencies and is poised to reshape the retail furniture landscape in the region.
The acquisition process has not disclosed the financial specifics. However, industry experts believe such consolidations are indicative of broader trends in the industry. As Warren Shoulberg noted in 2019, “Furniture is finally undergoing the same winnowing down that virtually every other retail category has experienced.” This rings especially true as South Dakota holds a central role in this evolving narrative, highlighting its economic ambitions and its citizens’ enterprising spirit.
Furniture Mart USA’s strategic expansion into Becker Furniture’s stores aligns with the region’s increased focus on building competitive retail environments while keeping community-centric business values intact. This is particularly relevant for South Dakota, where family-oriented businesses have long been celebrated for their quality and consistency.
For South Dakotans, this move is more than just an acquisition; it’s a testament to the state’s ambitious spirit and dedication to leading in regional retail spaces. As the furniture industry continues to grow and evolve, South Dakota stands at the forefront, blending tradition with innovative retail strategies. This bold step not only boosts the state’s economic footprint but also invigorates its local communities by providing expanded services and maintaining employment opportunities.
The citizens of South Dakota can view Furniture Mart USA’s acquisition as a reflection of their state’s broader achievements in business and community development. Rooted in Midwestern values, the company’s growth strategy illustrates a model of success that encompasses both local loyalty and expansive ambitions.
As the furniture industry continues to consolidate, the role of South Dakota as a pivotal player in this sector becomes increasingly evident. Residents and industry watchers alike will keenly observe how this acquisition enhances the state’s position in furniture retail and contributes to its economic vitality. With South Dakota at the helm, the future of furniture retail looks promising, underpinned by a commitment to excellence and community-focused values.
Becker Furniture’s flagship store in Becker, Minnesota, is a notable landmark in the acquisition.
Joel Huseby will join Furniture Mart’s leadership team.