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Latest Hire Brings Two Decades of Human Resources Leadership Experience to Bed, Bath & Beyond Retailer Face Values
ST. CHARLES, Mo.–(BUSINESS WIRE)–1847 Goedeker Inc. (NYSE American: GOED) (“Goedeker” or the “Company”), one of the largest specialty e-commerce players in the U.S. device market Appliances, announced today that it has appointed Sami Bazzi as Human Resources Manager. Ms. Bazzi will be responsible for overseeing all functions that come into contact with Goedeker employees, including the recruitment, development and retention of top talent. Its start date is January 24, 2022.
Albert Fouerti, CEO and Administrator, said:
“Attracting and retaining top talent is a key priority for Goedeker as we seek to expand our execution network and improve our customer experience. Our people are at the heart of everything we do and will continue to play a key role in our success as we strive to become the leading e-commerce player in the U.S. home appliance market. I am delighted to welcome Sami as our new Human Resources Manager. His decades of experience overseeing Human Resources and employee relations for warehouse, retail and field associates at a best in class retailer will benefit our teams as we continue to evolve and grow.
Biography of Sami Bazzi
Ms. Bazzi is a seasoned human resources executive with two decades of experience overseeing and developing human resources and employee relations programs. Most recently, Ms. Bazzi was Director of Human Resources for Face Values, a Bed, Bath & Beyond brand. In this role, Ms. Bazzi was responsible for developing HR policies and competitive compensation programs, as well as overseeing 3,000 associates at more than 60 stores, businesses and warehouses across the country. Additionally, she supported the company in M&A transactions including due diligence, integration planning, culture alignment, divestiture transition services, deal development and communication with associates.
ABOUT GOEDEKER
Goedeker is a content and technology driven shopping destination for appliances, furniture and housewares. Since its acquisition of Appliances Connection, Goedeker has evolved into a growth-oriented e-commerce platform with a distinct offering of basic, premium, luxury and private label brands accessible through a seamless point-and-click experience. The company’s priorities are to provide unparalleled selection, high-quality product expertise and reliable shipping from its expanding nationwide distribution network. With over $500 million in annual sales expected in 2021, Goedeker is one of the fastest growing pureplay e-commerce companies in home appliances. Learn more about www.Goedekers.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. Forward-looking statements include, but are not limited to, any statement that predicts, forecasts, indicates or implies future results, performance, liquidity levels or achievements, and may contain the words “believe”, “anticipate”, ” expect”, “estimate”, “intend”, “project”, “plan”, “will”, “probably continue”, “probably result” or words or phrases having a similar meaning.
The forward-looking statements contained in this press release are based on estimates and assumptions made by our management which, although believed to be reasonable by us, are inherently uncertain. Forward-looking statements involve risks and uncertainties that may cause our actual business, strategy or results to differ materially from the forward-looking statements. These risks and uncertainties include those discussed in more detail in our filings with the Securities and Exchange Commission. We operate in a changing environment in which new risks may arise from time to time. It is not possible for management to predict all of these risks, or to assess the extent to which any one factor, or combination of factors, could cause our business, strategy or actual results to differ materially from those contained in forward-looking information. statements. Factors that may cause these differences include, but are not limited to: variability in product prices and costs; volumes of products sold; changes in prices, supply and/or demand for the products we distribute; the cyclical nature of the industry in which we operate; housing market conditions; the COVID-19 pandemic and other contagious disease outbreaks and their potential effects on our industry; effective inventory management relative to our sales volume or the prices of the products we manufacture; information technology security risks and business interruption risks; oil price increases; consolidation between competitors, suppliers and customers; risk of disintermediation; loss of products or key suppliers and manufacturers; our dependence on international suppliers and manufacturers for certain products; business interruptions; exposure to product liability and other claims and legal proceedings related to our business and the products we distribute; natural disasters, disasters, fires or other unforeseen events; successful implementation of our strategy; wage increases or work stoppages for our unionized employees; costs imposed by federal, state, local and other regulations; compliance costs associated with federal, state and local environmental protection laws; our level of indebtedness and our ability to incur additional debt to fund our future needs; the risk that our cash flows and capital resources will be insufficient to service our current or future debt; covenants in instruments governing our indebtedness limiting our management’s discretion in operating our business; the fact that we lease many of our distribution centers and that we would still be obligated under those leases even if we closed a leased distribution center; changes in our product range; shareholder activism; potential acquisitions and the integration and completion of such acquisitions; the possibility that the value of our deferred tax assets may be impaired; changes to our expected annual effective tax rate could be volatile; the costs and liabilities related to our participation in multi-employer pension plans could increase; the possibility that we could be subject to a class action securities lawsuit due to stock price volatility; and changes or interpretation of accounting principles. Given these risks and uncertainties, we caution you not to place undue reliance on any forward-looking statements. We expressly disclaim any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.
Show source version on businesswire.com: https://www.businesswire.com/news/home/20220124005278/en/
Goedeker Investor Relations
Greg Marose / Ashley Areopagita
ir@goedekers.com
Source: 1847 Goedeker Inc.
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