Ashley Furniture HomeStore Celebrates 500th Store Opening

No. 1 US Furniture Retailer Sees Explosive Growth Within 17-Year History

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Feb 25, 2014, 11:36 ET

ARCADIA, Wis., Feb. 25, 2014 /PRNewswire/ -- Ashley Furniture HomeStore, the largest furniture retailer in the U.S., celebrated the opening of their 500th store in Longview, Texas on Feb. 21, 2014. Throughout its 17-year history Ashley Furniture HomeStore has experienced explosive growth – exceeding $3 billion in sales in 2013 - and adding store locations throughout the U.S. and abroad. The brand's robust pipeline includes 50 additional HomeStore openings in 2014. The Longview store is the 48^th HomeStore in the state of Texas. Ashley Furniture HomeStore's network of licensed and company-owned stores has been the number one selling U.S. furniture store brand since 2006.

Ashley Furniture HomeStore Celebrates 500th HomeStore Opening in Longview, Texas on Feb. 21, 2014. (pictured left to right - Michael Eberhart (Store Manager); Ron Wanek (Ashley Furniture Industries, Inc.); Chad Spencer (Dufresne Spencer Group); Jeff Edgeworth (Dufresne Spencer Group). (PRNewsFoto/Ashley Furniture HomeStore) (PRNewsFoto/ASHLEY FURNITURE HOMESTORE)

"When the first HomeStore opened in 1997 (in Anchorage, Alaska), we were confident that this business model would be capable of providing complete home furniture solutions that would meet or exceed consumer expectations in price, delivery and service," said Todd Wanek, President and CEO of Ashley and Ashley Furniture HomeStore. "It is with a tenacity to never stop innovating that our teams – from the local level to our corporate headquarters – have propelled our growth throughout the last two decades, and with the latest improvements to our operations and customer fulfillment systems, I'm confident that this trend will continue into the future."

Ashley Furniture Industries, Inc., is the largest manufacturer of furniture in North America and the exclusive supplier of furniture for Ashley Furniture HomeStore. This relationship enables Ashley Furniture HomeStore the ability to provide customers with consistent high quality service, fashion-forward design, and value-priced furniture.

Ashley Furniture HomeStore is the #1 selling furniture store brand in the world with 500 locations. The retailer is an exclusive provider of furniture from Ashley Furniture Industries, Inc. (Ashley), the largest furniture manufacturer in North America and one of the largest in the world. For more information on Ashley Furniture HomeStore and our products, visit our website at www.ashleyfurniturehomestore.com. "Like" Ashley Furniture HomeStore on Facebook, follow us on Twitter, or see our design-focused boards on Pinterest.

Ashley Furniture Industries, Inc. (Ashley) is the largest furniture manufacturer in North America and one of the largest in the world. Established in 1945, Ashley offers one of the industry's broadest product assortments to retail partners in 123 countries. From design through fulfillment, Ashley continuously strives to provide the best values, selection and service in the furniture industry. For more information on Ashley and its products, visit www.ashleyfurniture.com or www.ashley.com.cn.

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SOURCE Ashley Furniture HomeStore