Ethan Allen to close 12 company stores

Engel, Clint
January 2008
Furniture/Today;1/14/2008, Vol. 32 Issue 19, p1
Trade Publication
The article focuses on the move of Ethan Allen Inc. to close 12 company-owned stores and two service centers to transfer to another location to ensure services in some market areas in Danbury, Connecticut. Chairman and chief executive officer Farooq Kathwari stresses that such move is not considered a measure to establish major markets, for the 12 centers account for $34 million in annual sales.


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