Warren Buffett's Booming Furniture Store

May 6, 2013  by in UnCategorized   

By Aggregated Content in Furniture Retailing on May 7, 2013 from http://blogs.wsj.com/moneybeat/2013/05/05/warren-buffetts-booming-furniture-store/

Tucked inside a sprawling Omaha mall is one of Warren Buffett's most-bragged about properties and one of the hottest places to be for Berkshire Hathaway shareholders during the weekend-long annual meeting: A furniture store.

Though it isn't as widely known as See's Candy or Dairy Queen, Nebraska Furniture Mart is almost as big a draw during the Berkshire annual meeting as the Oracle of Omaha himself.

The evidence: A cool $35.9 million in sales done during last year's annual meeting, nearly three-times what it did ten years ago at Buffettpalooza and continuing a sales chart that goes pretty much straight up year-over-year. 

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