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HOM Furniture is a privately owned American furniture retailer with 17 stores in the Midwestern United States. HOM's corporate headquarters are in Coon Rapids, Minnesota , where approximately 300 of its 950 total employees work as of 2024.
In 1988, Seaman's Furniture was taken over in a buyout by Kohlberg Kravis Roberts & Co. Jeffrey Seaman, son of Morton Seaman, was 28 at the time, but he shouldered a large portion of the buying duties for the company. He and his father developed an overseas program during Seaman's restructuring phase. [3]
In 1993, imports represented roughly 25 percent of all wood household furniture sold in the United States and approximately 6 percent of upholstered household furniture. By 2002, imports had jumped to nearly 48 percent of the wood and 14 percent of the upholstered household furniture markets.
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United Furniture Industries Inc. signed an agreement to buy Lane Company by the end of 2017. [14] Heritage sold Lane Ventures to Bassett Furniture Industries for $15.1 million in December 2017. [15] Heritage announced the formation of the three business units. Harvey Dondale would be president of Broyhill, a position he held from 2005 to 2007.
Thomasville Furniture began as Thomasville Chair Company in 1904, making 500 to 1000 chairs a day by 1905. Thomas Jefferson Finch and Charles F. Finch of Randolph County bought the company in 1907. Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1]
The company began in 1911 as International Shoe Company with the merger of Roberts, Johnson & Rand Shoe Company and Peters Shoe Company. In 1966, the company changed its name to Interco as the result of diversification, and once the company exited the shoe business, adopted the name Furniture Brands International .