Florida Ashley Furniture HomeStore to Close

August 4, 2011  by in UnCategorized   

By Aggregated Content in Furniture Retailing on August 5, 2011 from http://c.moreover.com/click/here.pl?z5038849596&z=1250249027 Ashley Furniture HomeStore in Melbourne, Fla., is going out of business, a victim of the poor economy and, according to a store representative, mismanagement by former owners.The store was owned by 4-S Corp., which was headed by Rich Stevens, a well-known Brevard County businessman who once oversaw a thriving network of furniture stores.Stevens blamed the supply problems at Ashley on a corporate approach that put franchise owners at a disadvantage.Liquidation notices went up earlier this week at Ashley, 4360 W. New Haven Ave., which since early July has been operated by an outside company.

Read Full Article...