Operations Articles: Retail Success: Old Brick Furniture, Old Brick’s CEO, Michael Fiacco, doesn’t have sales events. His sales associates aren’t commissioned and he hires additional repair techs by reducing his ad spend.
ALBANY, N.Y — Old Brick Furniture & Mattress Co., which has a retail store in Bennington, has been named the 2023 Retailer of the Year for large retailers by the
Bennington Furniture which has locations in Pittsfield, Massachusetts, (Allendale Shopping Center); Bennington, Rutland, and Manchester, Vermont; Queensbury, New York will all become Old Brick Furniture stores after a recent acquisition by Bennington Furniture.
President and CEO of Bennington Furniture Michael Fiacco, whose connections with Old Brick Furniture date back to the mid-1980s says a deal was reached in late 2019. Due to the COVID-19 pandemic, however, the closing was delayed, according to benningtonbanner.com
The Albany-based Old Brick’s business model, which is geared toward warehousing and rapid delivery, is more “scalable” and better equipped to compete against e-commerce giants, Fiacco said. The acquisition will strengthen the newly merged business in Vermont, New York and Massachusetts, he added. -Bennington Banner