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Indiana Ashley Store to Close
January 5,
2010 by in UnCategorized 
By Home Furnishings Business in on January 6, 2010
A Carmel, Ind., Ashley Furniture HomeStore will close after failing to reach new lease terms, according to a company release.
The store, one of three Indianapolis-area Ashley locations, will shut down when all inventory on hand is sold. The other stores in Greenwood and Avon are not affected.
"The decision to close this location has been a difficult one," said Chris Caprio, CEO and president of Ashley licensee KHF Holdings LLC. "The Ashley Furniture HomeStore has been an important part of Northern Indianapolis for a very long time and we dont want to adversely affect the great success we have enjoyed here. Everyone involved will make every effort to make this liquidation event a benefit to our customers."