Fingerhut
| Subsidiary | |
| Industry | Mail order, online shopping |
| Founded | 1948 |
| Founder | William and Manny Fingerhut |
| Headquarters | Eden Prairie, Minnesota, U.S. |
| Owner | Bluestem Group |
| Website | www.fingerhut.com |
Fingerhut is a catalog/online retailer.
Fingerhut was founded in 1948 by William Fingerhut and his brother Manny, selling automobile seat covers. In 1952, the business re-positioned itself to a mail order catalog company and diversified its goods to include towels, dishes, and tools. In 1969 the company went public.
In 1994, Fingerhut sponsored the #98 NASCAR Ford Thunderbird for Cale Yarborough Motorsports. Derrike Cope started the year in the #98 car, before he was replaced later on by Jeremy Mayfield.
Today, Fingerhut is distinguished from other online retailers in that customers can pay with credit, and make monthly payments until their orders are paid off.
The Fingerhut brand has passed through several ownership's during its existence, including onetime ownership by American Can Company and its successor Primerica, Federated Department Stores (1999), and Petters Group Worldwide (2002), and Bain Capital Ventures (2004).
The company has received criticism for allegedly engaging in practices such as robocalls.
In 2014, a class action lawsuit was filed in response to Fingerhut nuisance robocalls.
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Wikipedia