SOURCE: Ashley Furniture

Ashley Furniture HomeStore

December 30, 2010 13:37 ET

Ashley Furniture HomeStore Bucks the Trend, Continuing to Grow Despite Tough Economy

Number of New Store Openings Jumps From 401 to 422 in 2010, a Nearly 5% Increase

ARCADIA, WI--(Marketwire - December 30, 2010) - Despite a tough economy that has forced consumers to cut back on household spending, Ashley Furniture HomeStore (http://www.ashleyfurniturehomestore.com) demonstrates its resilience as an industry leader, increasing the number of stores in its network by 21 this year, for a total of 422.

"At Ashley, we offer the best values and designs in home furnishings and home accessories. We manufacture most of our own products in the United States and also purchase components and products from other countries, offering customers the best value for their hard-earned money," says John Disa, President. "In addition, Ashley store owners and team members live in the same communities in which their stores are located, giving them better insight into the needs of their customers in these tough economic times."

With the furniture industry facing a number of challenges, news about store openings and growth is few and far between these days. According to IBISWorld, the world's largest independent publisher of U.S. industry research, approximately 10 percent of furniture retailers closed their doors for good last year. Many others that have managed to keep their doors open have been forced to cut costs and staff, or focus on online sales to reach customers.

"Being the best and bringing the best to our customers is our relentless pursuit, which is why we're expanding domestically and abroad every day," says Disa. "Our innovative marketing concepts, quality products and state-of-the-art manufacturing methods allow us to offer quality, stylish products at the best prices."

According to Furniture Today's exclusive survey of the Top Retail Giants, the Ashley Furniture HomeStore network also took back the No. 1 spot among the nation's largest furniture and bedding retailers from Wal-Mart this year. This latest success story comes on the heels of a strong 2009, in which it achieved top ranking among furniture stores, and was also the only company among its peers to see either an increase in sales or new store openings.

For more information about Ashley Furniture HomeStore, visit http://www.ashleyfurniturehomestore.com.

About Ashley Furniture HomeStore
Ashley Furniture HomeStore, a top furniture retailer in the United States, delivers quality, affordable furniture to customers at more than 420 independently owned and operated locations in the United States, Canada, Mexico, Puerto Rico and Japan. Ashley Furniture HomeStore is an exclusive provider of furniture from Ashley Furniture Industries, Inc., the largest furniture manufacturer in the United States.

Contact Information

  • Name: Paulette Rippley
    Phone: 608-323-3377
    Title: Media Relations
    Source: Ashley Furniture HomeStore
    Email: Email Contact

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