Wednesday, October 17, 2018

Nebraska Furniture Mart A Low Margin Retail Giant That Preceeded Amazon, Costco, and Walmart

https://m.youtube.com/watch?v=yWYZUCUj0BM&noapp=1&client=mv-google

Rose Blumkin was the founder of Nebraska Furniture Mart who sold the business to Warren Buffett of Berkshire Hathaway. Blumkin grew that business to become the largest indoor furniture store in America and eventually sold 90% of the business to Buffett in 1983 for $60 million. Rose Blumkin turned her initial $500 into $60 million. This is her story!



Submitted October 17, 2018 at 06:43PM by dmwes4 https://ift.tt/2ynsOdL

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