With an already whopping $3.6 billion in sales last year, Ashley Furniture Inds. CEO Todd Wanek says the company is actually aiming for $10 billion in ten years. With stores rolling out across the world markets, Wanek says Ashley Furniture expects to see more than 50% of their growth from overseas. In other news, Interior Design announces 27th Hall of Fame Award inductees, and reality star Jeff Lewis partners with Reach to bring you a line of designer toothbrushes.
Check out the headlines after the jump.
• Ashley Furniture Inds. aiming to become $10 billion company | Furniture Today
• Interior Design announces 27th Hall of Fame Award inductees | Editor at Large
• 'Flipping Out' Star Jeff Lewis and Reach Bring You Fancy Designer Toothbrushes | Racked
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Who cares, they're not publicly traded!
Most of their furniture just looks very dated to me, especially their sofas.
Agree with Muesli, I walked into an Ashley store once and was surprised to see that companies still make furniture like that, Very early 90's!
How are they even in business? I made the mistake of not googling Ashley
complaints/reviews before daughter bought her sofa. Horrible quality, worse customer service. She threw it out after 3 months as the return process was awful.
IMHO, the stuff is so poorly built, it has to be replaced every other year or so. It's quite possible to keep growing if you are building disposable furniture.
I don't know why everyone is not on Ebay? Some of the finest American Furniture built in the hey days of American Furniture can be had for cheap. And it is real furniture, well built, that can be passed from generation to generation.
They do well because in many places, they are the one of the few options people have. I live in Central CA and the furniture choices here are dismal. Pottery Barn or Ethan Allen is about as good as it gets, there's not even a Crate & Barrel nearby. I know next time I'm ready to buy a sofa I'm going to have to either go online and pay a ton of shipping costs or head down to LA or up to SF and cart it back in a rental truck to find anything decent. I was very spoiled in my years in Chicago.
So I have that couch, except mine is not the crappy Ashley Furniture version, it's the nice H.M. Richards version I got from Raymour & Flanigan. It's very solidly built and came with a 10 year warranty on construction as well as stains and rips to the upholstery.
When we were looking for a new couch, we went to Ashley and everything was like baronial baroque style and looked cheap compared to the other stores we'd been to. And their couches were awful - all square uncomfortable microfiber ones that looked like the worst of IKEA couches. And the prices were really not that much less expensive, especially since we got our nice couch on sale.
The rest of our furniture has either been hand-me down, thrifted, or bought quality from antiques stores. Ashley Furniture will definitely make tons of money selling disposable furniture, but it will run out of gullible customers after a while.
I always thought that their furniture fits perfectly into cheaply built McMansions. Bulky and grotesquely ugly. So I'm glad to see that this wasn't just my European perspective.
I like the Ashley traditional style! How do the sofas compare to ikea in longevity/comfort/customer service. Non snobs, please :)) Thanks.