English Named Bob's Discount Furniture's CEO

Furniture World Magazine

Bob's Discount Furniture, the fastest growing furniture retailer in the northeast with stores in Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New Jersey and New York, announced that Ted English, former president and CEO of The TJX Companies Inc., has joined the company as its new chief executive officer. English assumes the duties as the furniture retailer continues to expand throughout the northeast with new locations in Rhode Island and New York State. "With Ted's solid industry experience and innovative thinking, we are excited that he is joining us at this time. He is the sharpest retailer that I have ever met," said Bob Kaufman, president & founder, Bob's Discount Furniture. Stan Adelstein, chairman Of The Board, Bob's Discount Furniture stated, "As Bob's Discount Furniture continues its growth period, Ted is the perfect high caliber leader to take us to the next level." With over thirty years in the retail business, English brings a wealth of experience to his new position at Bob's Discount Furniture. During his tenure as President & CEO, English led The TJX Companies, Inc. through a period of unprecedented growth that reflected in the addition of over 900 stores, 50,000 employees and revenue increases from $8.9 billion to $15 billion. During this period, TJX Companies, Inc. also experienced double-digit compound annual growth in EPS, while significantly outpacing both the S&P 500 and the DJA Apparel Retail Index in stock price growth. "It's a tremendous opportunity to be joining Bob's Discount Furniture at this point in time. This is a great company with talented people, a solid business model and a clear path for growth and continued success. I look forward to working with all of the Bob's management team in growing our business to its fullest potential," said English. About Bob's Discount Furniture The fast-growing furniture retailer with 25 stores located throughout Connecticut, Massachusetts, Maine, New Jersey, New Hampshire, New York and Rhode Island, Bob's Discount Furniture has built strong brand awareness and customer loyalty through its unique shopping environment, customer service commitment and everyday low prices. First-time visitors are pleasantly surprised by the comfortable atmosphere and vast selection of quality furniture that surpasses their "discount" expectations. As a part of the overall shopping experience, many of the Bob's locations have complimentary cafés featuring gourmet coffee, fresh baked cookies and candy, while other locations offer home theater and video arcade entertainment. Known for their unique style of television and radio advertising, Bob Kaufman, president,and Cathy Poulin, public relations director, have been inviting customers for over a decade to "Come on down!" For more information, visit www.mybobs.com. About Bob's Discount Furniture Charitable Foundation Through the Bob's Discount Furniture Charitable Foundation and its many charitable contributions and sponsorships, Bob, Cathy and all of Bob's Discount Furniture employees support hundreds of nonprofit organizations. Among the many supported charities are Nutmeg Big Brothers Big Sisters, American Cancer Society, March of Dimes, Salvation Army Marshall House Youth and Family Emergency Shelter, National Conference for Community Justice, American Red Cross, Connecticut Children's Medical Center and many more. In March 2006, Poulin participated in the "Dance for a Cause" competition in Hartford to raise money and awareness for the National Pajama Program and Lil' Iguana's Children's Safety Foundation. Poulin was also awarded Woman of the Year for 2006 by the Leukemia and Lymphoma Society. For more information about the foundation and Bob's Discount Furniture, visit www.mybobs.com.