Nationwide Marketing Group, Mega Group USA merge

Merger creates an organization serving more than 5,300 independent members

WINSTON-SALEM, N.C. – Nationwide Marketing Group and MEGA Group USA, two of North America’s largest appliance, electronics, furniture and bedding buying and marketing groups, announced today a merger that creates an organization serving more than 5,300 independent members, with some 14,000 storefronts that generate estimated revenue of $18.5 billion.

The combined organization will operate as Nationwide Marketing Group, led by Dave Bilas serving as chairman of the combined company. The group’s leadership team reports that the organization will retain both Nationwide’s office in Winston-Salem, N.C., and the Mega Group office in Memphis, Tenn., to further enhance serving the unique needs of large regional retailers to single store specialists across the country.

“The culture of the groups has always been focused on the independent retailer’s growth and profitability,” said Rick Bellows, president of MEGA Group, who will be an integral member of Nationwide Marketing Group’s leadership team. “This merger will accelerate the independent movement with enhanced member benefits from the combination of the two leadership teams, purchasing scale, more consistent execution and strategically focused technology investment to drive greater awareness, traffic and volume through our member’s storefronts and online.

“Another big advantage for members will be category diversification,” Bilas adds. “With Nationwide’s unmatched appliance volume and strength in consumer electronics, combined with Mega Group’s furniture and bedding advantages, members will have access to greater merchandising mix to increase market awareness, traffic and profitable sales growth.”

Bilas also noted that the consolidation will result in efficiencies for vendor and service providers, which he said will lead to improved product and service offerings, as well as greater speed to market on new innovations.

Furniture Today Staff | Staff Editors

Furniture Today covers all the news concerning manufacturers, retailers and suppliers in the home furnishings sector.

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