|
National Business Furniture
|
National Business Furniture LLC is one of North America's largest catalog and online retailers of office furniture and office accessory items. The company, with corporate headquarters in Milwaukee, Wisconsin, U.S., is a subsidiary of K + K America Corp., a holding company for TAKKT AG, a German mail order retailer of office, business and warehouse equipment. In the 21st century it has focused on expanding its Internet presence. In addition to its own online storefront, NBF operates three other online retail companies. NBF ranked No. 231 on Internet Retailer’s 2011 "Top 500 Guide," a list of America’s 500 largest retail websites ranked by annual sales. Internet Retailer reports NBF online sales of approximately $55 million in 2010. For many years NBF was consistently listed on the "Wisconsin 100" (which later became the “Wisconsin 75”), a list of the largest privately held companies in Wisconsin ranked by sales. NBF was listed at No. 59 in 2005. NBF became ineligible for the list after its acquisition by TAKKT AG in 2006. History National Business Furniture was started in 1975 by George and Julie Mosher. George Mosher earned a bachelor's degree in economics from Harvard University in 1961 and a master's degree in business administration from Harvard Business School in 1963 before moving to Milwaukee in 1965 to become president of Business and Institutional Furniture. The Moshers launched NBF in 1975. The company, which began as a catalog retailer, grew steadily through increased sales as well as strategic acquisitions. NBF acquired Alfax Wholesale Inc. in 1982 and Dallas Midwest in 1990. In 2001 NBF entered the online market through the acquisition of OfficeFurniture.com. In January 2006, the Moshers sold NBF to K + K America Corp. for $82 million. National Business Furniture has continued to grow under TAKKT AG's oversight. It has expanded its online presence by launching OfficeChairs.com, TheOfficeFurnitureExperts.com, OfficeAccessoryExperts.com and OfficeDeal.com. In December 2010, NBF opened National Business Furniture Ltd. in Ontario.
|
|
|