Connecticut furniture standby Jordan's Furniture offers $50 million of refunds to the whole state depending on March Madness | Fortune
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Connecticut furniture standby Jordan's Furniture offers $50 million of refunds to the whole state depending on March Madness | Fortune
""We thought the chances were pretty slim, but now we're pretty excited," Mazzilli said in the aftermath of the UConn men's stunning buzzer-beater win over Duke in last weekend's Elite Eight."
""Whether they win or lose, I got to pay for the insurance," Tatelman said, highlighting the financial implications of the promotion."
Jordan's Furniture is offering a promotion to reimburse customers if both UConn basketball teams reach the championship games. This could result in $50 million in refunds for around 20,000 customers. Brian Mazzilli, a customer, expressed excitement over the possibility of a $3,800 refund after UConn's recent win. The company has insurance for this promotion, similar to a past deal with the Boston Red Sox, which resulted in significant reimbursements.
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