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Nebraska Furniture Mart
From Wikipedia, the free encyclopedia
Nebraska Furniture Mart is a furniture company heaquartered in Omaha, Nebraska. It was founded by entrepreneur Rose Blumkin (nicknamed Mrs. B in store ads), in 1937. She worked in the business until age 103, even after selling it to investment guru Warren Buffett and his Berkshire Hathaway Corporation in the 1980s.
The store in Omaha is now in three large buildings and calls itself the largest furniture store in the world. The "branch" located in Kansas City, Kansas is one of the largest furniture stores in the region, as the nearest major competition is American Furniture Warehouse, located in Colorado.
In the early 1990s, the company opened the NFM Mega Mart, which sold computers, software, music, videos and personal electronics items as well as TVs and appliances. The NFM Mega Mart was in a new building located just west of the main store in Omaha. In the early 2000s, the NFM Mega Mart name was discontinued and the building is now branded like other buildings on the Nebraska Furniture Mart campus. The Mega Mart portion of NFM is currently undergoing a multimillion dollar renovation to create a 142,000 square feet, state of the art store. The product mix from NFM Mega Mart is still sold in this building.
Nebraska Furniture Mart also owns Homemakers Furniture in Urbandale, Iowa, a suburb of Des Moines. Homemakers itself has a branch store in Altoona, Iowa, which is advertised as a factory outlet store. In addition to the Homemakers division, Nebraska Furniture Mart has a branch store in the Des Moines suburb of Clive which sells appliances only.
| Berkshire Hathaway | |
|---|---|
| Insurance | Applied Underwriters Inc. • Central States Indemnity Company • GEICO • General Re • Kansas Bankers Surety Company • Medical Protective • National Indemnity Company • United States Liability Insurance Group • Wesco Financial |
| Materials and Construction | Acme Brick • Benjamin Moore & Co. • Clayton Homes • ISCAR Metalworking • Johns-Manville • MiTek • Precision Steel Warehouse, Inc. • Shaw Industries |
| Furniture | CORT Business Services • Jordan's Furniture • Larson-Juhl • Nebraska Furniture Mart • RC Willey Home Furnishings • Star Furniture |
| Apparel | Fruit of the Loom • Russell • Garan • Fechheimer Brothers • Acme Boots • H.H. Brown Shoe Group • Justin Brands |
| Transportation | NetJets • FlightSafety International • Forest River • McLane Company • XTRA Corporation |
| Food | Dairy Queen • The Pampered Chef • See's Candies |
| Other | Ben Bridge Jeweler • Blue Chip Stamps • Borsheim's Fine Jewelry • The Buffalo News • Business Wire • CTB Inc. • MidAmerican Energy Holdings Company • World Book Encyclopedia |
| Board of Directors | Warren Buffett • Charlie Munger • Howard Graham Buffett • Malcolm Chace • Bill Gates • David Gottesman • Charlotte Guyman • Donald Keough • Thomas S. Murphy • Ronald Olson • Walter Scott, Jr. |
Annual Revenue:  $81.663 billion USD • Employees: 180,000 • Stock Symbol: NYSE: BRKA, NYSE: BRKB • Web site: www.berkshirehathaway.com |
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