Bob's Discount Furniture operates about 40 furniture stores (some featuring mini-golf courses and complimentary refreshments) throughout New England, New Jersey, and New York. Bob's also offers several in-store "outlets" where customers can buy discounted furniture that has been discontinued, returned, or slightly damaged. Following a 1976 motorcycle accident, company founder and president Bob Kaufman (who's something of a celebrity in the Northeast, thanks to his quirky television commercials) spent months recuperating in a waterbed. Fully recovered and inspired by his experience, Kaufman partnered with cousin Gene Rosenberg and opened up the first Bob's Discount Furniture shop in 1991.
Despite the recent downturn in the US economy and the continued soft housing market, Bob's Discount Furniture has continued to open new stores and has plans for more. In 2010 it added to its New York presence with a pair of stores in East Harlem and Flushing, Queens. It also opened a 672,000-sq.-ft. distribution center in Baltimore in preparation for its expansion in the mid-Atlantic region in 2011. The new warehouse will support stores from New Jersey, where Bob's already operates about a half a dozen locations, to Washington, DC, where it has none.
Fast-growing Bob's is one of the nation's leading furniture retailers, as ranked by Furniture Today. Leading the company's expansion is Ted English, who joined the business in 2006 after 23 years with The TJX Companies. He replaced Stan Adelstein, who took the position of Bob's chairman. English was credited with spurring impressive growth at TJX, including increasing revenue from $8.9 billion to $15 billion through a five-year period beginning in 2000.
The company also sells much of its merchandise online at MyBobs.com. – less