Buddy’s Home Furnishings Operating Group Grows Through Acquisition

Buddy's Home Furnishings Operating Group acquires six stores in Virginia

Read the original at Franchising.com
Buddy’s Home Furnishings Operating Group Grows Through Acquisition

TL;DR

Buddy's Home Furnishings Operating Group has acquired six stores in Virginia through Hodge RTO Group, Inc. The acquisition expands the operations of William and Stacy Hodge into Central and Southern Virginia.

Buddy’s Home Furnishings has announced that Hodge RTO Group, Inc. has acquired six locations from WRE, LLC.

William and Stacy Hodge currently own and operate three locations in Lexington, Asheboro and Sanford, North Carolina. Through the acquisition of these six stores, they will expand their operations into Central and Southern Virginia.

“It’s an honor to assume ownership of these six locations from the team at WRE as they transition into retirement,” said William. “We’ve successfully established a strong presence and network in North Carolina, and we look forward to continuing that momentum into Virginia. Through Buddy’s support, we’re confident that it will be a seamless transition.”

“These Virginia stores are in good hands with the Hodge Group,” said Mitchell Lee, Senior Director of Franchise Development for Buddy’s. “Now more than ever, customers need affordable options for home necessities, and we’re proud to say that the Hodges will continue to fill that need in these communities across Virginia.”

In this story

This story was originally published in Franchising.com on September 20, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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