In a notable move within the U.S. furniture industry, Becker Furniture, a longstanding local staple, has been acquired by South Dakota-based Furniture Mart USA. This acquisition signals a significant step for Furniture Mart USA, expanding its reach and influence in the Midwest and enhancing the offerings available to Becker Furniture’s clientele.
Cory Price
Furniture Mart USA, headquartered in Sioux Falls, South Dakota, is a testament to South Dakota’s growing economic footprint in the retail sector. Known for its strategic approaches and deep roots in the Midwest, Furniture Mart USA operates an impressive 98 outlets across several states, including Minnesota, Iowa, Illinois, North Dakota, and Wisconsin, with 31 locations situated in Minnesota alone.
South Dakota’s business-friendly atmosphere has long been a catalyst for growth, attracting businesses like Furniture Mart USA to plant their roots in the state. This acquisition not only bolsters South Dakota’s already robust retail industry but also exemplifies the state’s commitment to fostering business innovation and expansion.
Joel Husby, a pivotal figure within the Becker family, remains an integral part of the transition team at Furniture Mart USA. He emphasized the advantages that this merger brings to Becker’s customers: “Furniture Mart USA brings a wealth of resources and buying power to our customers,” Husby stated. This strategic alignment is expected to result in enhanced services and offerings for customers, thanks to the increased resources and expanded product availability provided by Furniture Mart USA.
Joel Husby, who now plays a key role within the Furniture Mart USA leadership, remarked on his longstanding admiration for Bill Hinks and his team: “We have known Bill Hinks and his team for decades and have always admired the way they built a first-class organization with strong teams and a great culture.”
Bill Hinks
With Becker’s flagship store and distribution center based in Becker, Minnesota, the company employs over 100 people across its stores located in Blaine, Burnsville, Maple Grove, Maplewood, Minnetonka, and Woodbury. These locations will continue to operate with their existing staff, ensuring customers experience the same familiar faces and excellent service, promising a seamless continuity despite the transition.
Cory Price, CEO of Furniture Mart USA, expressed his enthusiasm for the merger. “We are delighted to welcome aboard the Becker team, including their many loyal customers. With more stores comes an even better customer experience – increased selection, better prices, in-stock merchandise, and faster delivery. We look forward to earning their continued support.”
The acquisition marks an exciting chapter for the employees and customers of Becker Furniture as they integrate with a well-established leader in the furniture retail space. According to a company press release, the focus will remain on maintaining a high level of service across all Becker, Ashley, and Furniture Mart locations, with efforts underway to enhance the overall customer experience.
The melding of the Becker team with Furniture Mart USA highlights the synergy between two robust retail entities, wherein both value exceptional service and community relationships. This merger epitomizes the mutual objective of enhancing customer satisfaction and broadening market presence, benefiting both South Dakota and regional economies.
- South Dakota’s Influence: The acquisition underscores the strategic influence that South Dakota-based businesses continue to exert nationally, fortifying the state’s reputation as a fertile ground for business innovation and expansion.
- Economic Growth: The merger is a testament to the thriving business environment in South Dakota, reflective of its ability to support expansive operations and dynamic market leaders like Furniture Mart USA.
- Customer-Centric Approach: By focusing on customer experience, both companies aim to provide enhanced services across all locations, ensuring customer satisfaction remains a top priority.
As the partnership progresses, stakeholders from both Becker Furniture and Furniture Mart USA are optimistic about future growth opportunities. The collaboration symbolizes a commitment to innovation and excellence in the furniture retail landscape, making this a transformative period for the companies involved and their customers alike.