South Dakota’s Furniture Mart USA Acquires Becker Furniture: A Strategic Expansion
In an exciting development for the furniture industry, Becker Furniture, a prominent local giant, has been acquired by South Dakota-based company, Furniture Mart USA. This acquisition marks a significant expansion of Furniture Mart USA into Minnesota and further strengthens its presence in the Midwest.
For over 45 years, Becker Furniture has been an integral part of the community in Minnesota. Operated by the Husby family, the company has established a reputation for quality and service. Joel Husby, a key member of the Husby family, will continue his involvement by joining Furniture Mart USA to assist with the transition and support the company’s ongoing growth.
According to Joel Husby, “Furniture Mart USA brings a wealth of resources and buying power to our customers. 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. We couldn’t be more thrilled for what’s ahead.”
Joel Husby
Furniture Mart USA owns 31 locations in Minnesota and boasts an additional 67 stores across Iowa, Illinois, North Dakota, South Dakota, and Wisconsin. This strategic acquisition significantly expands its footprint in the upper Midwest, while enhancing selection, prices, and customer service.
Cory Price, CEO of Furniture Mart USA, expressed enthusiasm about the acquisition. “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.”
Cory Price
This acquisition highlights the power and influence of South Dakota-based companies and their strategic role in the central United States. Furniture Mart USA, founded in South Dakota, is a testament to the entrepreneurial spirit and business acumen that characterizes the state. South Dakotans are known for their resilient work ethic and are active in diverse economic sectors, including retail, agriculture, and technology.
Furniture Mart USA’s history dates back to its founder, Bill Hinks, who is well-known to the Husby family and has played a monumental role in cultivating a reputable organization. His vision continues to guide the company’s successful trajectory and its commitment to providing top-tier furniture at accessible prices. The company’s headquarters in Sioux Falls is a pivotal economic hub, not just within South Dakota, but across the region.
As part of this seamless transition, both Becker and Furniture Mart USA teams are working collaboratively to enhance the customer experience. Moreover, with Joel Husby’s involvement, customers can expect continuity in the familiar faces and great service they have come to know and trust, whether they visit Becker, Ashley, or Furniture Mart locations.
For South Dakota, this acquisition presents an opportunity to showcase its thriving business environment and the unique value it brings to major industry stakeholders. The state’s central location, logistics infrastructure, and favorable business climate make it an attractive base for companies seeking regional dominance.
Residents and businesses alike can witness the positive impacts of this deal, as Furniture Mart USA continues to expand its footprint, bringing enhanced options and services to its clientele. The acquisition is a prime example of successful integration strategies that benefit local communities, as seen through the maintenance of over 100 jobs that Becker Furniture provides across its various Minnesota locations. These communities include Blaine, Burnsville, Maple Grove, Maplewood, Minnetonka, and Woodbury.
Looking forward, Furniture Mart USA aims to utilize this strategic acquisition to lead the Midwest in furniture retail, creating new growth opportunities and fostering strong relationships with customers across all its locations. Both companies have pledged their dedication to maintaining an elevated customer experience, ensuring that each interaction reflects their shared values of service excellence and community commitment.
Investors and industry analysts will be keenly observing the progress of this acquisition as it unfolds, monitoring key outcomes related to the integration and synergy of both entities. The role of leadership, particularly figures like Cory Price and Joel Husby, will undoubtedly be critical in steering this venture to new heights.
The successful merger of these two furniture powerhouses not only reinforces Furniture Mart USA’s position as a dominant force in the industry but also underscores the significant economic contributions of South Dakota to the broader regional market.
For more details on Furniture Mart USA and their latest offerings, visit their official website.