October 01, 2016 7:47 PM ET

Specialty Retail

Company Overview of Ashley HomeStores, Ltd.

Company Overview

Ashley HomeStores, Ltd. operates as a home furnishings retailer. It offers living room furniture, such as living room sets, sectionals, sofas/couches, sofa sleepers, loveseats, chaises, accent chairs, chairs/ottomans, recliners, futons, accent tables, media storage, and living room accessories; bedroom furniture, such as bedroom sets, beds, nightstands, chests, dressers/mirrors, armoires, benches, bedroom storage, and bedroom accessories; and dining room furniture, including kitchen/dining room sets, kitchen/dining room tables, chairs/benches, barstools, and kitchen/dining room storage. The company also offers home office furniture, including desks, chairs, and office storage; home entertain...

343 Dettloff Drive

Arcadia, WI 54612

United States

Founded in 1997

Phone:

608-323-2270

Fax:

608-323-8110

Key Executives for Ashley HomeStores, Ltd.

Chief Executive Officer
President
Executive Vice President of Stores and Licensed Operations
Compensation as of Fiscal Year 2016.

Ashley HomeStores, Ltd. Key Developments

Ashley HomeStore Announces Grand Opening of its 600th Store in Hanoi, Vietnam and Plans to Open More Than 100 Additional HomeStores in 2016

Ashley HomeStore celebrated the grand opening of its 600th store in Hanoi, Vietnam. The fast-growing furniture store brand has added more than 50 new HomeStores worldwide this year and is planning to open more than 100 additional HomeStores in 2016. Throughout its 18-year history, Ashley HomeStore's network of licensed and company-owned stores has experienced explosive growth – exceeding $3 billion in sales in 2014. Ashley HomeStore has been the number one selling U.S. furniture store brand since 2006 and now has store locations in 28 countries.

Ashley Furniture HomeStore Plans New Store in Sanford, Central Florida

Ashley Furniture HomeStore is adding its fourth location in Central Florida. Kingswere Furniture LLC, which does business as Ashley Furniture HomeStore, signed leases totaling 37,741 square feet in the Gateway Plaza shopping center in Sanford. The firm signed leases for four suites at 203 Towne Center Blvd., which it will combine into a single space. The store is slated to open in the second quarter. Construction details weren't immediately available, but the project is expected to create temporary construction and vendor opportunities, as well as an unknown number of permanent jobs.

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Recent Private Companies Transactions

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