Ashley Furniture

Another furniture retailer is moving into the area, and as a result of the economy, store closings and low rents, it is leasing space traditionally occupied by big-box superstores.

The space at Indian Ridge Plaza has been dark and idle since Circuit City went out of business nationally about 18 months ago. A smaller south-side store remains vacant at Erskine Village in South Bend.

The moderately priced Ashley home furnishings company, which is based in Arcadia, Wis., will occupy 32,000 square feet of Circuit City, leaving about 1,300 square feet next door available for rent.

Extensive exterior facade work as well as interior renovations should begin soon, says Matt Wilson, senior vice president of leasing at Chase Properties, the Ohio-based company that owns Indian Ridge and Wilshire plazas.

Filling up shopping center's empty space - South Bend Tribune

Entering its 20th year in Arcadia, Ashley Furniture continued to thrive, reaching new heights of sales and production. Even in today?s economic climate, Ashley has managed to find ways to overcome challenges, which it will continue to do well into the future.

With Ashley HomeStores popping up all over the country and factories and distribution centers in several different states, Ashley was forced to develop a top-notch distribution system.

Its national network of distribution centers and trucks allows for frequent deliveries of mixed-product shipments all over the country. This means retailers have to carry less inventory, which, in turn, allows them to achieve a higher gross margin/return on inventory (GMROI), a statistic upon which Ashley prides itself.

The following year, Ron stepped down as C. E. O. of Ashley, handing over the responsibilities to Todd. Ron retained his role as chairman of the company.

Into the great wide open - Arcadia News Leader

CHICO — In a statement issued through a local attorney, Ashley Furniture franchise owner Robert Myers said it was Ashley Furniture Industries in Wisconsin that "made it impossible for us to continue to operate." "They advised us that they were cutting off our credit line; were not going to fill our current orders; were seizing the existing floor inventory and planned to sell off the furniture, fixtures and equipment via a liquidation agent," Myers said in a press release issued through Chico attorney Michael T. Shepherd's office.

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Chico Ashley owner says corporate is to blame - Enterprise-Record

Customers who paid for merchandise from now-closed Ashley Furniture HomeStores in Yuba City and Redding, and an existing store in Chico, will receive what they paid for, according to the man charged with selling off the last of the stores' goods.

Customers who paid for merchandise from now-closed Ashley Furniture HomeStores in Yuba City and Redding, and an existing store in Chico, will receive what they paid for, according to the man charged with selling off the last of the stores' goods. "All pre-(liquidation) sale orders are either completed, or in the process of being delivered," said Stephen Forsey, president of SPCI Cos., a Denver liquidation firm.

The former owners of that store, as well as the ones in Yuba City and Redding, are under investigation by Butte and Shasta counties' district attorneys for their business practices.

The Appeal-Democrat has fielded more than a dozen calls from customers in the Yuba City area who say they paid for furniture they have not received.

Ashley liquidator says sales will be honored - Appeal-Democrat

Ashley Furniture Homestore Saves on Lighting - Home Furnishings Business