Nebraska Furniture Mart is the largest home furnishing store in North America selling furniture, flooring, appliances and electronics. NFM was founded in 1937 by Belarus-born Rose Blumkin, universally known as Mrs. B., in Omaha, Nebraska, United States, on a $500 investment. Under the motto "sell cheap and tell the truth," she worked in the business until age 103. In 1983, Mrs. B. sold a majority interest to Berkshire Hathaway in a handshake deal with Warren Buffett. Interesting side note about that handshake deal, and what Mrs. B did after that - from what I was told or saw as a kid. There was no competition clause in the agreement, because no one thought an elderly lady would start a new furniture store after selling such a successful one. What more could she accomplish? Well, right next door she opened Mrs. Bs, which was a discounted furniture store. Ha! Every child who grew up in Nebraska has to remember those commercials where she toured the store on her motorized scooter. She was a local grandma figure we all kinda knew. Around the time Mrs. B passed, and NFM expanded, I believe the companies explicitly joined together. Timeframe and sources could be found on this.