GOED - 1847 Goedeker Scaling Staff to Meet Growing Customer Demand

1847 Goedeker Inc. (NYSE American: GOED) (“Goedeker’s” or the “Company”), a one-stop e-commerce destination for appliances, furniture, home goods, and related products, today announced that it is continuing to expand its logistics, sales, and customer relations workforce in order to keep up with customer demand.

“As Goedeker’s grows its business to serve more customers, we are pleased to be increasing our staff in order to support the sales and customer service needs of our ever-increasing customer base. Friendly, knowledgeable, and tech-savvy associates give the Goedeker’s customer a better experience before, during and after the sale,” stated CEO Doug Moore.

Having seen significant growth in the second quarter, Goedeker’s began the process of onboarding dozens of new team members, including executive management and support staff from all over the country. Strong sales growth trends are continuing in the third quarter, and these staff additions put 1847 Goedeker in its best position to serve the significant increases in orders and customer service needs.

Goedeker’s website sessions increased 105% quarter-on-quarter to 3.1 million in the second quarter of 2020, while new customer orders increased to $29.9 million, up 92% from the second quarter of 2019.

Qualified individuals interested in opportunities at the Company may send their resumes to careers@goedekers.com.

About 1847 Goedeker Inc.

The Company is an industry leading e-commerce destination for appliances, furniture, and home goods. Since its founding in 1951, the Company has transformed from a local brick and mortar operation serving the St. Louis metro area to a respected nationwide omnichannel retailer that offers one-stop shopping for national and global brands. While the Company maintains its St. Louis showroom, over 90% of sales are placed through its website (www.goedekers.com). The Company provides visitors an easy to navigate the shopping experience and offers more than 185,000 items organized by category and product features. Specialization in the home category has enabled the Company to build a shopping experience and an advanced logistics infrastructure that is tailored to the unique characteristics of the market. Learn more at www.goedekers.com.

Forward Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission and other reports filed with the Securities and Exchange Commission thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

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