P.C. Richard & Son Inc. PCRZ

Company Overview

P.C. Richard & Son is a privately held American retail company specializing in consumer electronics, appliances, mattresses, computers, smart home products, and related home goods and services. The company primarily operates in the retail and consumer durable goods industries, with revenue driven by sales of major appliances, televisions, audio systems, mobile devices, furniture-related products, and extended service plans. It also generates recurring business through delivery, installation, repair, and financing services tied to its retail operations. The company primarily serves residential consumers in the northeastern United States and is known for emphasizing customer service, in-house delivery infrastructure, and regional brand recognition.

Founded in 1909 by Pieter Christian Richard in Brooklyn, New York, the business began as a hardware store before expanding into appliance and electronics retailing during the mid-20th century. Over multiple generations of family ownership, the company evolved into one of the largest family-owned appliance and electronics retailers in the United States. Unlike many national competitors, P.C. Richard & Son has maintained a regional concentration strategy focused on operational control, local advertising, and service quality. Publicly available information indicates the company remains privately owned by members of the Richard family. Data regarding detailed financial performance is inconclusive based on available public sources because the company is not publicly traded and does not file regular public financial statements with the SEC.