Is Downeast Basics going out of business?
Is Downeast Basics going out of business?
Salt Lake City— Downeast announced today that the well-known furniture and woman’s apparel company is now under the ownership of Sam and Kacie Malouf, cofounders of Utah bedding and furniture company Malouf™. Downeast will continue to operate out of Salt Lake City with its current management and 700 employees.
Who bought out Downeast?
Malouf
LOGAN, Utah – Malouf has acquired Downeast, a Salt Lake City-based clothing and furniture retailer, a media report says. Downeast, which operates 40 stores in Utah, Nevada and Arizona, said that Sam Malouf and his wife, Kacie, are the new owners of the company, according to a story in The Herald Journal.
Does Downeast still sell Pottery Barn?
DownEast sells Pottery Barn “seconds” for extra cheap. DownEast sells Pottery Barn “seconds,” or items that have been returned to Pottery Barn that Pottery Barn can’t sell, either because it’s been discontinued or because the item was personalized. You can score some crazy savings, up to 80%.
Is Downeast ethical?
Our Downeast team celebrates individuality and diversity and is committed to treating people equally with respect and dignity. We are dedicated to working with factories, suppliers, and partners that share our ethical values. At the core of our company culture is the spirit of giving back to our community and beyond.
Is Downeast a Utah company?
The horizon is bright for the Utah-based brand, the company is invested in employees enjoying their collaborative workspace. Whether employees decide to work from home or in the office, Downeast has created a space that will inspire, uplift and help employees to be excited to come to work.
Who owns Downeast home and clothing?
Jonathan Freedman – Co Founder – Downeast Home & Clothing | LinkedIn.
Does Malouf own Downeast?
Malouf, the Nibley-based bedding company, has acquired Downeast, the regional clothing and furniture retail chain that has a presence in Cache Valley.
Where is Pottery Barn headquarters?
San Francisco, CA
Pottery Barn/Headquarters
How did Downeast get its name?
Bar Harbor, Maine, Blue Hill, and Ellsworth can also be considered Downeast communities. The Down East magazine FAQ explains the origin of the term: “When ships sailed from Boston to ports in Maine (which were to the east of Boston), the wind was at their backs, so they were sailing downwind, hence the term ‘Down East.
How many stores does Downeast have?
40 retail locations
Led by Sam and Kacie Malouf, Downeast currently operates 40 retail locations in Utah, Arizona, Idaho and Nevada along with two popular ecommerce websites. For more information, visit downeastbasics.com or downeasthome.com.
