Seattle win costs Houston furniture man $7 million
By: The Associated Press
HOUSTON (AP) - Seattle's victory in the Super Bowl has cost Houston furniture store mogul Jim McIngvale some $7 million.
McIngvale is the owner of one of the nation's
largest independent furniture stores, Gallery Furniture. He promised
customers who spent at least $6,000 in the past two weeks and took
delivery before Sunday's game that he'd refund their purchase cost if
The Seahawks routed Denver 43-8.
McIngvale said Monday his accountant is "pulling
his hair out." He says he didn't do well financially, but did build is
brand. He says the promotion was not covered by insurance.
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