Bob's Discount Furniture Stays in Connecticut
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bobs Discount Furniture secures long-term commitment to Connecticut, keeping headquarters and distribution center in the state. The company, which started with one store in 1991 and now operates over 200 locations, has agreed to maintain 326 corporate jobs and create 125 new ones to fully repay a $7 million low-interest loan from the state. The new deal allows partial loan forgiveness if they meet at least half of the new-job goal over a 24-month period. Bobs reported strong fiscal 2025 results, with revenue increasing 16.8% to $2.37 billion, net income rising 38% to $121.7 million, and opening 20 new stores.
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