With the economy continuing to lumber on its downhill course, a couple of the Twin Cities' most well-known furniture retailers are making an unprecedented pitch for business in a scene that's playing out in the advertising pages as something of a furniture war.
In the left corner: Schneiderman's Furniture of Lakeville. The family-owned company closed its doors for a week to mark down nearly everything in stock for what it has promoted for days as a $16 million "sale of great magnitude." To help pull off the job, Schneiderman's hired Lynch Sales Co., a sales coordination firm with a U.S. base in Grand Rapids, Mich. The sale opened to the public Friday.
And in the right corner: HOM Furniture Inc. of Coon Rapids. On Friday, HOM's president and CEO, Rod Johansen, took out a full-page ad of his own. In an open letter to furniture shoppers, Johansen urged in bold type, "Don't be fooled!"
The ad warned, "Be aware of outstate companies hired to raise fast cash by replacing local jobs with aggressive sales people."
Schneiderman's owner Larry Schneiderman said there was a "strong implication" the ad was aimed at him.
"The implication is that we won't be there to take care of people, and that's not true," said Schneiderman, who took over the 60-year-old company from his father in the mid-1970s. "We flat-out need to do something different and bigger than anything we've done in the past and see what we can generate. And these folks [Lynch Co.] ... have the experience to help us do it."
Schneiderman said the blowout sale is "absolutely not" a prelude to liquidation. Sales are "definitely off," he said, but wouldn't offer specifics.
The furniture business as a whole is taking a hit as consumers worry more about keeping their jobs than spiffing up their living rooms. Cost Plus World Market is closing its Minnesota stores. HOM, which also owns Gabbert's, bought high-end patio furniture store Seasonal Concepts on Jan. 30 and closed its three stores. By March 15, all HOM stores will use the Seasonal Concept name for all its patio furniture.