|Industry||Mail order, online shopping|
|Founder||William and Manny Fingerhut|
|Headquarters||Eden Prairie, Minnesota, U.S.|
|Owner||Bluestem Brands, Inc.|
Number of employees
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.
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 ownerships 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).
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