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Nebraska Furniture Mart is Coming to The Colony

Nebraska Furniture Mart

 

For all of you furniture shoppers out there, hold on to your cowboy hat, the largest home furnishings retailer is coming to North Texas. Nebraska Furniture Mart has just broken ground in the colony. Yes, that is the correct name.

This will be, by far, the largest retail home furnishings store in North Texas. At a planned 560,000 square feet, that’s 10 football fields my friends, this store will offer more choices for furnishing your home than any Ikea and Walmart combined.

Named brand items will be sold here. Furnishings, appliances, home decor, computers, televisions, mattresses and much more. You can shop online with them if you can’t wait for to visit this giant. Visit their website to shop by room or by brand.

The store’s magnificent success comes straight from the heart of the original owner, Mrs. Rose Gorelick Blumkin (or Mrs. B as most people affectionately called her). She and her husband moved to the US from Russia in 1917 to pursue the “American Dream.”

By 1937, after helping her husband develop a successful resale business, Mrs. B opened Nebraska Furniture Mart in the basement of his shop. Her business ventures grew steadily, while weathering both financial and natural storms. She built her retail legacy until her death at age 104, on her famous motto, “Sell cheap and tell the truth.” Today, the corporation is still family owned with locations in Omaha, Kansas, and Des Moines.

Mrs. B’s success, based on honesty and fair prices, drew in the interest of such notable investors as Warren Buffet. In 1983, based on a hand-shake, he sealed the deal of purchasing 90% of her company as part of his Berkshire Hathaway Portfolio.

The Colony, Texas has been selected as the newest location for building another of these retail giants. Hundreds of jobs will be created with an estimated 8 million visitors a year expected. The location will be off of Sam Rayburn Tollway/121 between Plano Parkway and Spring Creek. This mammoth store will take years to build based on a projected budget of $1.5 billion.

The economic impact will benefit a large area of North Texas. I personally cannot wait to walk through the front doors and experience such a wonder of furnishings delight! We know Texas women love to shop, so here we come!

 

NFM

NFM Buffett

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