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Q: W.S. Badcock Corp. ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: W.S. Badcock Corp.
Category: Business and Money
Asked by: jbp914-ga
List Price: $10.00
Posted: 14 Mar 2005 10:04 PST
Expires: 13 Apr 2005 11:04 PDT
Question ID: 494467
In terms of size, How big is W. S. Badcock with units and in sales?
Also could you include some big time competitors.

Clarification of Question by jbp914-ga on 14 Mar 2005 16:32 PST
In terms of size, How big is W. S. Badcock with units and in sales in
the US and in the World?
Also could you include some big time competitors.
Answer  
Subject: Re: W.S. Badcock Corp.
Answered By: czh-ga on 15 Mar 2005 17:24 PST
Rated:5 out of 5 stars
 
Hello jbp914-ga,

W.S. Badcock, headquartered in Mulberry, Florida, has about 330 stores
located throughout the Southeast. Sales for fiscal year ending June,
2004 were  $480.9 million. According to Hoover?s, its chief
competitors are Bassett Furniture, Ethan Allen Interiors and La-Z-Boy.
In a 2004 article I found, a company spokesman said the ?company
competes with Rooms to Go Inc. and Havertys Furniture Cos. Inc.?

I?ve collected some company profile links and recent articles to help
you continue your explorations.

All the best.

~ czh ~


http://www.badcock.com/
http://www.badcock.com/viewAboutPage.do
http://www.badcock.com/viewAboutPage.do?page=history
Historical Information
We are one of the largest home furniture retailers in the United
States. Founded in 1904, we celebrated our centennial in January 2004.
We are headquartered in Mulberry, Florida, and employ more than 1,200
corporate employees. We have more than 330 stores in seven states, and
offer customers a full range of furniture, bedding, appliances,
electronics, accessories and floor coverings.

In 2000, we developed a new store concept called Badcock &more that
includes a product line of more than 4,000 items; a brighter, more
spacious store display; and a new logo. ? The corporate goal is for 80
percent of our stores to be converted to the new format by the end of
2007.

-------------------------------------------------

http://biz.yahoo.com/ic/105/105618.html
http://www.hoovers.com/w.-s.-badcock/--ID__105618--/free-co-factsheet.xhtml
W. S. Badcock Corporation Company Profile

Furnishing homes down in the Bible Belt South is W. S. Badcock. More
than 330 Badcock Home Furnishing Centers are located in Alabama,
Florida, Georgia, Mississippi, North Carolina, South Carolina, and
Tennessee. In addition to furniture for every room in the house,
Badcock sells appliances and electronics, floor coverings and rugs,
wall decor, and furnishing accessories. It also makes its own line of
bedding. About 85% of Badcock's stores are dealer-owned and operated.
Founded in 1904 as a general mercantile store by Henry S. Badcock, the
company is run by the fourth generation of family management.
Top Competitors 
Bassett Furniture Industries, Incorporated (BSET) 
Ethan Allen Interiors Inc. (ETH) 
La-Z-Boy Incorporated (LZB) 
-------------------------------------------------


http://www.kidstodayonline.com/kidsnewswatch08-31-04d.shtml
Badcock to try RTO, youth retail formats
August 31, 2004

ORLANDO, Fla. -- Searching for revenue growth, W.S. Badcock intends to
test two new retail formats specializing in rent-to-own and youth
furniture.

Badcock is also looking to double its business in the next six years.
The 320-store company closed its fiscal year on June 30 with total
revenues of $480.9 million, up from $443.8 million in fiscal 2003. By
the end of 2010, management wants to have 500 stores averaging $2
million in sales each for a total of $1 billion in revenue.

-------------------------------------------------


http://www.bizjournals.com/tampabay/stories/2004/10/18/story8.html
October 15, 2004 print edition
Badcock to launch rent-to-own stores in Tampa Bay market

The company, founded in 1904, already is one of the largest home
furniture retailers in the United States with 1,200 corporate
employees and annual sales of $482 million.

-------------------------------------------------


http://www.bizjournals.com/triad/stories/2004/04/05/story6.html
April 2, 2004 print edition
Furniture retailer picks Mebane for large hub

Badcock is a private company with annual revenue estimated at $500
million; its market is limited to seven Southeast states.

Ken Smith, a furniture industry expert with BDO Seidman in High Point,
said Badcock has tended to stay in smaller, more rural markets. He
predicted the company will face significant competition from existing
independent furniture stores primarily operating in small towns.

As a furniture retailer, Badcock has more than 320 stores across the
Southeast. It already has distribution centers in Alabama, Florida and
Georgia. It's opening a fourth because of company growth; Badcock sets
a goal of product delivery within a five-hour drive time of its
stores, said Mike Whitten, director of dealer development.

Whitten said the company competes with Rooms To Go Inc. and Havertys
Furniture Cos. Inc., but that its medium-priced products appeal to a
wide consumer base.

-------------------------------------------------


://www.google.com/search?num=100&hl=en&lr=&q=%22W.+S.+Badcock+%22+ranked 
http://www.furnituretoday.com/article/CA425344.html?display=News
Furniture|Today - The Complete Information Source for the ...
... honors top dealers Mulberry, Fla.? Top 100 furniture chain WS
Badcock recognized
its ... The company was ranked 92nd, up from 108 last year, reflecting
its growth ...
www.furnituretoday.com/toc/10%2F13%2F2003 - Similar pages
[ More results from www.furnituretoday.com ]

***** You have to register to access the whole article.

-------------------------------------------------


http://print.google.com/print/doc?articleid=DoSGb39BD9K
http://print.google.com/print/doc?articleid=lBCKi3OtNUD
The Top 100 Major Appliance Retailers (2003 and 2004)

***** You can access the complete list of 100 here.

-------------------------------------------------


http://www.bizjournals.com/search/bin/search?q=%22W.S.%20Badcock%20Corp%22
"W.S. Badcock Corp"


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jbp914-ga rated this answer:5 out of 5 stars
Thanks for the info. Great stuff, this will help out my research paper.

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