Expected to Create a Broader Assortment of Home Furnishings to Accelerate Resident’s Growth TAMPA, Fla. –Ashley Home, Inc. and Resident Home Inc. today announced the signing of an agreement, under which Ashley Home, Inc., an affiliate of Ashley Global Retail, LLC (collectively, “Ashley”), will acquire Resident Home Inc. (“Resident”). The transaction, which was unanimously approved by the Board of Directors of both companies, provides Resident, a leading digital retailer and wholesaler of mattresses and bedding accessories, with an opportunity to expand its home furnishings assortment and gl ..read more

PUNTA ARENAS, Magallanes [CHILE] – On December 14, Sanchez Y Sanchez SPA celebrated the Grand Re-Opening and Ribbon Cutting of its recently expanded 1,600 sq. mt. Ashley Furniture HomeStore showroom located on Manzana 7 Zona Franca, Punta Arenas. Special guests joined Sanchez Y Sanchez and employees at the event. Sanchez Y Sanchez's Ashley Furniture HomeStore in Punta Arenas is the sole location in the Magallanes Region and the southernmost Ashley store in the world. The store employs approximately 20 people. Ashley Furniture HomeStore, one of the world’s best-selling home furnishing brands ..read more

WHITEFIELD, Bengaluru [India] – On October 15, Dash Square celebrated the Grand Opening and Ribbon Cutting of its new 4,500 sq. ft. Ashley Furniture HomeStore showroom located on No. 202, Whitefield Main Road, Landmark: Opposite Sobha Rose, Apartment, Bengaluru, Karnataka 560066, India. The Head of Municipal Council of Whitefield and friends & family of Dash Square leadership joined Dash Square and employees at the event. Dash Square owns 12 additional Ashley Furniture HomeStores in the surrounding region. This is the seventh Ashley Furniture HomeStore in Bengaluru, India. The W ..read more

Having an online presence is critical for the success of  any retail store in today's digital age. While your physical store is the foundation of your business, extending to online sales channels can provide access to new markets and opportunities. Here's why and how to go about it: Wider Reach: Selling furniture online eliminates geographical constraints. You can target customers who are not only in your immediate neighborhood. This brings up enormous growth opportunities because you can enter markets with diverse preferences and wants. Convenience: Convenience plays an important role ..read more

Image: Ashley Furniture HomeStore in Accra, Ghana Inventory turnover is a crucial aspect of running a successful furniture retail store. Your profitability, client satisfaction, and general business health are all directly impacted. The management of inventory turnover in your furniture retail business is the subject of focus here, with an emphasis on leveraging the low minimum order quantity of 1 (MOQ) offered by Ashley Furniture Industries. Inventory turnover monitors how effectively you are selling and refilling your inventory and is a key performance indicator (KPI). A high turnover rate ..read more

Image: Ashley Furniture HomeStore in Guadalajara, Mexico Making your furniture store inviting is essential for drawing and keeping consumers in the cutthroat world of retail. Ashley Furniture Industries has established a high bar for selling high-quality furniture, and copying their success in providing an outstanding customer experience can alter the game for your company. Following are the crucial components that affect the consumer experience. Layout and Display Plan out your store's layout thoroughly before start. The display spaces of Ashley Furniture stores are renowned for being roomy ..read more

Ashley Furniture Industries is aware that the furniture business can be both difficult and profitable for business owners. This essay will examine the transition from being a furniture merchant to rising to the position of industry tycoon. the main powers of Ashley Furniture Industries, Ron and Todd Wanek, as well as other well-known individuals. An outstanding example of a furniture tycoon who began as a dealer and rose to tremendous success is Ron Wanek, the founder and chairman of Ashley Furniture Industries. His adventure began as the General Manager of a company that produced cabinets ..read more

Article originally published on Forbes Furniture retailers have been on a joy ride since the pandemic. Armed with Covid stimulus checks, consumers took to the streets to refresh, repurpose and redecorate their homes after months trapped inside where their home’s shortfalls became painfully obvious. Furniture retailers happily enjoyed the windfall. Their sales grew from $64.2 billion in 2019 to $79.9 billion in 2022, a 24% increase. But now the bloom is off the rose, and furniture retailers must adjust to a new normal. Through the first half of this year, furniture retail has declined by ..read more

BOGOTÁ, Colombia – On June 28, 2023, Nirvana Group celebrated the Grand Opening and Ribbon Cutting of its new 16,000 sq. ft. Ashley Furniture HomeStore showroom located on Avenida 19 No. 109 – 41, Bogotá, Colombia. Special guests including Vienna Ruiz, journalist and news anchor, national business leaders, national TV and magazine sources, and influencers joined Nirvana Group leadership and employees at the event. This is Nirvana Group’s first Ashley Furniture HomeStore and the first Ashley Furniture HomeStore in Colombia. The Avenida 19 store will employ approximately 20 people. Ashley Furni ..read more

LUSAKA, Zambia – On May 13, 2023, Poundstretcher celebrated the Grand Opening and Ribbon Cutting of its new 968 sq. ft. Ashley Furniture HomeStore showroom located on B294-4301 Eureka Park Kafue Road, Lusaka, Zambia. Special guest Mr. John Mulongoti, Permanent Secretary for the Ministry of Commerce, Trade and Industry; Istem Circiroglu, Ambassador for the Embassy of the Republic of Turkey; Mark Marais, Vice President of Sales for Africa for Ashley Furniture joined Poundstretcher ownership and employees at the event. Poundstretcher owns two additional Ashley Furniture HomeS ..read more