Thomasville Licensee Expanding in New Jersey

February 12, 2007  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on February 2007 Thomasville Stores of New Jersey and Virginia has an aggressive expansion plan in New Jersey to add five new stores there over the next five years. In order to better concentrate on that market, the company has just sold its four Virginia stores to Thomasville Furniture Inds.

The Fairfield, N.J.-based licensed Thomasville dealer, which now has five New Jersey stores, currently is looking for sites for two new stores in the state, which the company plans to open in early 2008. By 2010, the company expects to have 10 New Jersey locations, said President and Chief Executive Officer Michael Massood.

“We are focusing on expanding the Thomasville Stores chain by developing new store locations and building more retail relationships in New Jersey. This is where our roots are, and more importantly, we are choosing locations where our customers expect us to be,” said Massood. “We are working toward the goal of being the ‘top-of-mind’ furniture retailer in our market. We’ve had huge success with our New Jersey stores, which are among the best-performing Thomasville-licensed stores in the country, and, now we are building on that achievement.”

In five years, Thomasville Stores has become a major home furnishings retail player in the New Jersey market. The company opened its first store in Woodbridge in late 2002, followed by locations in Paramus, Princeton, Eatontown and East Hanover.

The four northern Virginia stores the dealer sold to Thomasville are located in Alexandria, Fairfax, Tyson’s Corner and Woodbridge.