TITLE

Knoxville Wholesale adds Ashley store

AUTHOR(S)
Engel, Clint
PUB. DATE
June 2009
SOURCE
Furniture/Today;6/22/2009, Vol. 33 Issue 41, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Knoxville Wholesale Furniture Co. Inc. to add a fourth store with the takeover of an Ashley Furniture HomeStores location in Knoxville, Tennessee. It states that in an annualized basis, the store is projected to do $8 million to $10 million and will help push the company's market share to 40% to 50% range by the end of 2009. Moreover, the company is expecting a 20% to 30% increase in sales over the normal Ashley model.
ACCESSION #
42541263

 

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