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KHF Opening 5th Ashley Furniture Homestore
March 1,
2011 by in UnCategorized 
By Home Furnishings Business in Store Openings on March 2, 2011
KHF Holdings will hold a grand opening Saturday for its fifth Ashley Furniture Homestore location, this time in Castleton, Ind.
Chris Caprio, president and CEO Louisville-based Ashley licensee KHF Holdings noted the company been fortunate enough to buck the trends of the troubled economy and expand its operation.
"We realize we wouldnt where we are today without our loyal customer base and for that, we are thankful," he said. He also looks for the economic recovery to also fuel a continued upswing in home furnishings. KHF Holdings is committed to grow with and help sustain the regions in which they operate.
"We are pleased to have generated about 25 new retail jobs as we launch the stores operations," Caprio said. Overall, KHF's workforce totals almost 160 employees.
Ashley Furniture Homestores have been locally owned and operated in Louisville since 2004 and in Indianapolis since 2005.
The Castleton store returns KHF to the northern Indianapolis market after it closed an Ashley Furniture Homestore in nearby Carmel almost a year ago.
"We couldnt be more excited to once again open our doors to such a great community," Caprio said. "Shortly after our liquidation sale in Carmel we began looking for a new location in the area. We plan to offer a slightly smaller showroom and open the space in two phases to keep our products fresh."
Phase 1 of the Grand Opening will carve out a 20,000-square-foot showroom of Ashley furniture, home decor and mattresses. The second phase of the Grand Opening will add an additional 15,000 square feet of showroom to display more product and give customers an opportunity to have a great furniture selection and positive furniture experience closer to home.
KHF Holdings' current locations include Outer Loop/Jefferson-Pavilion, Ky.; Jeffersontown, Ky.; Avon, Ind.; Greenwood, Ind.; Castleton, Ind.; and an Ashley Furniture Distribution Center.