Zimmerman's father, Harry, founded Service Merchandise in 1934 which is a defunct chain of catalog showroom stores carrying fine jewelry, toys, sporting goods, and electronics that existed from 1934 to 2002. Raymond Zimmerman, resurrected Service Merchandise as an Internet-only retailer in 2004 after buying back the name and logo at auction, and later forwarded the website to another online store in 2007. The site returned in 2008.
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Zimmerman purchased this 13,727 sq/ft home in the exclusive St. Andrews Country Club in January 1999 for $3.2m