Jim McIngvale
Encyclopedia
Jim McIngvale (born February 11, 1951,) is a businessman from Houston, the founder of the Houston furniture store Gallery Furniture.
Gallery Furniture, established in 1981, has been consistently ranked in Furniture Today’s Top 100 Furniture Retailers for some time and currently ranks as the Sales-per-Square-Foot leader for independent retailers in the United States. The store has around $200 million in sales per year. It originally sold less expensive furniture targeted toward lower income individuals, but has since expanded to include higher-end furniture. The company offers to deliver its higher-end furniture in unmarked trucks to accommodate customers ashamed of buying quality furniture from what has traditionally been a bargain store.
Gallery Furniture engages in a number of charitable projects. It aims to refurnish, redesign, and revitalize the more than 130 USO Centers around the world, and has become a USO Worldwide Strategic Partner Sponsor. Annually, Gallery Furniture offers a Christmas Furniture Giveaway, in which furniture is given away to those in need.
McIngvale was born on Feb. 11, 1951, in Starkville, Mississippi
. He graduated from high school in Dallas. He and his wife have three children. In 2002, McIngvale co-authored the book Always Think Big with Thomas Duening and John Ivancevich, which chronicles the ups and downs of McIngvale's entrepreneurial career. He lived in the Northgate Forest community in an unincorporated area
of Harris County, Texas
. Ericka Mellon of the Houston Chronicle
said that he was "One of Northgate's most recognizable residents".
McIngvale is best known for his energetic, fast-paced sales pitches, typically ending with some variant of his catchphrase "saves you money!" His distinctive sales style originated from an incident that occurred early on in Gallery Furniture's history. Faced with financial difficulties, McIngvale invested all his remaining money, approximately $10,000, in a television commercial to be aired on two stations. While watching the commercial being produced he became dissatisfied and ad-libbed a sales pitch, speaking rapidly because of the limited amount of time available. The commercial proved very effective, and his sales increased dramatically afterward.
In 1999 McIngvale spoke to the British Deming Association annual conference about the influence of W Edwards Deming on his business methods. A transcript of the talk appeared in the UK Deming Newsletter in June 2000 and is reproduced here
The Houston Chronicle
reported in May 2009 that McIngvale refused to pay $48,000 dollars of taxes to the Greater Northside Management District that were assessed from 2005 to 2007; he paid taxes to the district in 2008. His northside facility is within the district's boundary. McIngvale said the management district does not do enough to maintain the area; the business owner described the management district's taxation policies as "taxation without representation." The district sued McIngvale to try to force him to pay the taxes, and McIngvale said he's willing to dispute the charges in court.
In 1987, a chained lion stationed at one of Mac's flea markets owned by 35-year old Gary Durkovitz mauled 8-year old Roxanne Hernandez. The girl was severely injured, and the lion, shot, was later euthanized. Mac was forced to perform community service as a punishment. On May 21, 2009, the Gallery Furniture store on Interstate 45
North between Tidwell and Parker caught fire. There were no injuries. One hundred and fifty firefighters battled the 4-alarm blaze, which did not spread to the inside of the showroom, although it devastated the warehouse. The fire is believed to be arson, pursuant to the ATF
, and a suspect was apprehended a few weeks later.
Gallery Furniture, established in 1981, has been consistently ranked in Furniture Today’s Top 100 Furniture Retailers for some time and currently ranks as the Sales-per-Square-Foot leader for independent retailers in the United States. The store has around $200 million in sales per year. It originally sold less expensive furniture targeted toward lower income individuals, but has since expanded to include higher-end furniture. The company offers to deliver its higher-end furniture in unmarked trucks to accommodate customers ashamed of buying quality furniture from what has traditionally been a bargain store.
Gallery Furniture engages in a number of charitable projects. It aims to refurnish, redesign, and revitalize the more than 130 USO Centers around the world, and has become a USO Worldwide Strategic Partner Sponsor. Annually, Gallery Furniture offers a Christmas Furniture Giveaway, in which furniture is given away to those in need.
McIngvale was born on Feb. 11, 1951, in Starkville, Mississippi
Starkville, Mississippi
-Demographics:As of the census of 2000, there were 21,869 people, 9,462 households, and 4,721 families residing in the city. The population density was 851.4 people per square mile . There were 10,191 housing units at an average density of 396.7 per square mile...
. He graduated from high school in Dallas. He and his wife have three children. In 2002, McIngvale co-authored the book Always Think Big with Thomas Duening and John Ivancevich, which chronicles the ups and downs of McIngvale's entrepreneurial career. He lived in the Northgate Forest community in an unincorporated area
Unincorporated area
In law, an unincorporated area is a region of land that is not a part of any municipality.To "incorporate" in this context means to form a municipal corporation, a city, town, or village with its own government. An unincorporated community is usually not subject to or taxed by a municipal government...
of Harris County, Texas
Harris County, Texas
As of the 2010 Census, the population of the county was 4,092,459, White Americans made up 56.6% of Harris County's population; non-Hispanic whites represented 33.0% of the population. Black Americans made up 18.9% of the population. Native Americans made up 0.7% of Harris County's population...
. Ericka Mellon of the Houston Chronicle
Houston Chronicle
The Houston Chronicle is the largest daily newspaper in Texas, USA, headquartered in the Houston Chronicle Building in Downtown Houston. , it is the ninth-largest newspaper by circulation in the United States...
said that he was "One of Northgate's most recognizable residents".
McIngvale is best known for his energetic, fast-paced sales pitches, typically ending with some variant of his catchphrase "saves you money!" His distinctive sales style originated from an incident that occurred early on in Gallery Furniture's history. Faced with financial difficulties, McIngvale invested all his remaining money, approximately $10,000, in a television commercial to be aired on two stations. While watching the commercial being produced he became dissatisfied and ad-libbed a sales pitch, speaking rapidly because of the limited amount of time available. The commercial proved very effective, and his sales increased dramatically afterward.
In 1999 McIngvale spoke to the British Deming Association annual conference about the influence of W Edwards Deming on his business methods. A transcript of the talk appeared in the UK Deming Newsletter in June 2000 and is reproduced here
The Houston Chronicle
Houston Chronicle
The Houston Chronicle is the largest daily newspaper in Texas, USA, headquartered in the Houston Chronicle Building in Downtown Houston. , it is the ninth-largest newspaper by circulation in the United States...
reported in May 2009 that McIngvale refused to pay $48,000 dollars of taxes to the Greater Northside Management District that were assessed from 2005 to 2007; he paid taxes to the district in 2008. His northside facility is within the district's boundary. McIngvale said the management district does not do enough to maintain the area; the business owner described the management district's taxation policies as "taxation without representation." The district sued McIngvale to try to force him to pay the taxes, and McIngvale said he's willing to dispute the charges in court.
In 1987, a chained lion stationed at one of Mac's flea markets owned by 35-year old Gary Durkovitz mauled 8-year old Roxanne Hernandez. The girl was severely injured, and the lion, shot, was later euthanized. Mac was forced to perform community service as a punishment. On May 21, 2009, the Gallery Furniture store on Interstate 45
Interstate 45
Interstate 45 is an intrastate Interstate Highway located entirely within the U.S. state of Texas. It connects the cities of Dallas and Houston, continuing southeast from Houston to Galveston over the Galveston Causeway to the Gulf of Mexico...
North between Tidwell and Parker caught fire. There were no injuries. One hundred and fifty firefighters battled the 4-alarm blaze, which did not spread to the inside of the showroom, although it devastated the warehouse. The fire is believed to be arson, pursuant to the ATF
ATF
- Places :* ISO 3166-1 alpha-3 country code of French Southern and Antarctic Lands* Chachoan Airport , Ambato, Ecuador- Organizations :...
, and a suspect was apprehended a few weeks later.