RC Willey Home Furnishings

RC Willey
Subsidiary
Industry Retailing
Founded Syracuse, Utah, U.S. (1932)
Founder Rufus Call Willey
Headquarters Salt Lake City, Utah, U.S.
Area served
 Western United States
Key people
 William H. Child
(Chairman of the Executive Committee of the Board)
Scott Hymas (CEO)
Jeff Child (President)
Curtis Child (CFO)
Products Furniture
Electronics
Home Appliances
Mattresses
Flooring
Parent Berkshire Hathaway
Website www.rcwilley.com

RC Willey Home Furnishings (often called just RC Willey) is a home furnishings company with stores in Utah, Idaho, Nevada and California. It was founded by Rufus Call Willey in 1932 when he started selling Hotpoint Brand appliances door-to-door in Syracuse, Utah. RC Willey is a retail store that specializes in furniture, electronics, home appliances, mattresses, and flooring. It is currently owned by Berkshire Hathaway.[1][2]

History

RC Willey emerged from a small farming community, Syracuse, Utah, in the early 1930s.

Rufus Call (RC) Willey started selling Hotpoint Brand appliances door-to-door in 1932. Employed by the local electric company, he conducted his small appliance business from the back of his red pick-up truck on the side. To guarantee customer satisfaction while electricity was still so new, Willey would lend out appliances for a week so that people could try them out. He also let them finance the purchases in installments over a three-year period, payable at harvest time. His business continued to grow, and in 1950 he built his first store, right next door to his home in Syracuse.

In 1954, Willey left the company due to terminal cancer. William H. Child, who had married Willey's daughter Darlene three years earlier, took over the business. He, along with his brother Sheldon Child, worked over the next 40 years to grow and expand the business. William Child is credited with adding furniture to the company's appliance offerings. Multiple stores were built along the Wasatch Front, and RC Willey became one of the best known Home Furnishings retailer in the state of Utah.

Berkshire Hathaway, Inc., the holding company led by billionaire investor Warren Buffett, acquired RC Willey on May 24, 1995.

In 1998, RC Willey's South Salt Lake location became the site of a "Whaling Wall" mural by the famous marine artist Wyland.

Chief financial officer Scott L. Hymas, who had been with the company since 1987, succeeded Bill Child as CEO in February 2001. Child remained chairman. At the same time, Bill Child's nephew, Jeffrey S. Child, became the company's president.

Today, RC Willey is still family operated, and has 7 stores located in Utah, with additional stores in Idaho, Nevada and California. The company is known for its furniture, electronics, appliances, mattresses, and flooring. It also has in-store credit and own brand credit cards. It is closed on Sundays and most major National Holidays.

RC Willey Credit cards are accepted at some other retailers, Including the Larry H Miller Automotive Group,[3] the Mark Miller Automotive Group,[4] and Big O Tires.[5]

Key Dates

Distribution Warehouses

RC Willey owns its own local distribution warehouses.[6][7][8]

Charitable Giving

RC Willey claims that charitable giving is an important part of their mission "to become the finest home furnishings company in America." With this mission statement in mind, the management and associates of RC Willey are asked to serve in their communities where they work and live.[9]

References

  1. ↑ http://www.berkshirehathaway.com/
  2. ↑ http://www.berkshirehathaway.com/subs/sublinks.html
  3. ↑ http://www.lhmauto.com
  4. ↑ http://www.markmiller.com
  5. ↑ http://www.bigotires.com/
  6. ↑ Intermountian Distribution Center http://www.rcwilley.com/utah/idc/
  7. ↑ Nevada Distribution Center http://www.rcwilley.com/locations/nevada/Home.jsp
  8. ↑ Rocklin Distribution Center http://www.rcwilley.com/locations/california/Home.jsp
  9. ↑ http://www.rcwilley.com/CharitableGiving.jsp
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