Nebraska Furnace Mart (FMX) has sold online furniture online and is planning to buy furniture online from the new online retailer, Katy, for $4.99 an hour, the company said in a statement.
FMX, based in Omaha, Nebraska, will use the proceeds from the transaction to help fund its new online store, the statement said.
Katy will sell online items for $5.99 to $7.99, the retailer said.
“Our team of designers and engineers is excited to have the opportunity to partner with this new partner to bring the furniture shopping experience to our customers,” FMX CEO and President Jim Taylor said in the statement.
The Omaha-based company, founded in 2011, began in Nebraska, and is based in Kansas City, Missouri.
In 2018, it moved into Nebraska.
“FMX is excited about the new opportunity to expand its offerings across all categories of furniture,” FMZ CEO John Koehler said in an email to the Omaha World-Herald.
The company has a $500 million portfolio of online furniture sales, which includes online furniture, books, jewelry and other online products.
FMZ said it has plans to build a new online retail shop and to build out its customer service capabilities, which are currently focused on online retail, among other areas.
“In addition to providing a wide selection of online products, FMX will provide an expanded catalog of furniture and furniture accessories through our new online warehouse and the new merchandise partner in Omaha,” FMZZ CEO Jim Taylor wrote.
FMZZ is also partnering with a partner to create a new mobile app that will offer the same high-quality service FMZ offers on the website.
The app will also allow users to buy, sell, and customize furniture, as well as other online merchandise.
It is unclear what other categories FMZ plans to expand in the future.
“We look forward to working with FMZ to provide the best online experience possible for our customers and we thank all of our customers for their patience as we build our new furniture online store,” FMZE President and CEO Jeff Gaudette said in his statement.
He said that FMZE plans to make it easier for customers to buy online furniture through the app.
