Warren Buffetts Berkshire Hathaway owns three other furniture retailers in addition to Jordans. Why do you think
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Warren Buffett’s Berkshire Hathaway owns three other furniture retailers in addition to Jordan’s. Why do you think the conglomerate left the Tatelman family in charge of Jordan’s after the merger?
Jordan’s Furniture is a unique retail chain. In fact, every one of its stores in New England is unique—and highly profitable.
And that’s what caught the eye of Warren Buffett, the head of conglomerate Berkshire Hathaway, who is famous for his astute investments. Buffet bought Jordan’s Furniture in 1999 and has left the founding family in charge to continue the retailer’s winning ways.
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Foundations Of Business
ISBN: 9780538744515
2nd Edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
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