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GOED Stock News, Aug-Dec 2020

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1847 Goedeker Inc. (GOED) has reported impressive growth metrics for December, reflecting a strong upward trend in web traffic and orders. Key highlights include a 103% increase in orders year-over-year, totaling $9.1M, alongside a 96% boost in site sessions to 752K. The company also noted an exceptional response to sales calls, with a 97% answer rate and an average hold time of 31 seconds. The acquisition of Appliances Connection is expected to further enhance growth potential in the e-commerce sector.

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BALLWIN, MO / ACCESSWIRE / August 25, 2020 / 1847 Goedeker Inc. (NYSE American:GOED) will present at the LD 500 investor conference on September 4, 2020, at 10:20 a.m. ET. CEO Doug Moore is expected to discuss the Company's strong performance and future growth strategies. The LD 500, held from September 1-4, 2020, will be virtual, allowing wider accessibility for attendees. Goedeker, a leading e-commerce platform for home goods, has shifted significantly since its founding in 1951, now facilitating over 90% of sales through its website, goedekers.com.

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1847 Goedeker Inc. has successfully completed a $10,000,800 Initial Public Offering (IPO) with Aegis Capital Corp. acting as Co-Manager. Established in 1951, Goedeker's has evolved into a prominent e-commerce platform specializing in appliances, furniture, and home goods. With a strong online presence, over 90% of sales are conducted via its website. This funding aims to enhance its logistics and expand its market position, ensuring a seamless shopping experience for customers in the home category.

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1847 Goedeker Inc. has successfully completed a $10,000,800 Initial Public Offering (IPO) with Aegis Capital Corp. acting as Co-Manager. This offering marks a significant step for Goedeker, an established e-commerce retailer specializing in appliances, furniture, and home goods, which transitioned from a local St. Louis operation to a nationwide omnichannel presence since 1951. The company offers over 185,000 products through its website, indicating a strong online sales strategy. With over 90% of sales from online channels, Goedeker is well-positioned for growth in the e-commerce market.

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