LoveSac Alternative Furniture Co.
LoveSac stores sell so-called "oversized sacs" -- DuraFoam-filled mega beanbag-type chairs -- as well as other furniture, apparel, and a variety of accessories. LoveSac was founded in 1995 by CEO Shawn Nelson, whose additional claim to fame is winning the reality TV show "The Rebel Billionaire" (featuring Virgin Group's Sir Richard Branson). The firm sells its products online and in about 25 retail stores (down from about 80 in 2005) in as many states and Canada. Overzealous expansion and heavy debt led to it spending about six months in Chapter 11 bankruptcy protection in 2006.
Contact Details
Office Address
LoveSac Alternative Furniture Co.
700 Canal St.
Stamford, CT, USA 06902
Phone: (203) 353-3349
Fax: (203) 353-8483
Executives
CEO
Shawn D. Nelson
Director Business Development
Nate Mayfield