ARCADIA FURNITURE LOOKS TO EXPAND
Monday, February 8th, 2010 -- 10:22 AM
Arcadia-based Ashley Furniture hopes to open 300 new lower-cost franchise stores this year.The Arcadia-based manufacturer says the stores will offer furniture at a single price -- for example, all sofas for $399, rugs for $99, or five-piece dining room sets for $399.
Ashley hasn't announced a name yet, but the first prototype has opened in 3,800 square feet of space in a mall in Pottstown, Pa.
Ashley Furniture Homestores -- the company's franchise chain of large-format stores -- had 390 locations at the end of 2008. Ashley is the largest furniture chain in the U.S.
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