Ashley HomeStore Licensee Broad River Retail Announces #34 Ranking in Grant Thornton’s Top 100 for South Carolina

Broad River Retail, a licensee of Ashley HomeStores, announces it has been ranked #34 in the Grant Thornton Top 100 private companies in South Carolina, the only ranking of the state’s largest privately held companies, since 1984.

The ranking was announced in the 2018 issue of ASCEND, a publication of the South Carolina Chamber of Commerce, and includes many dynamic companies in multiple industries.

“We are honored to have been ranked at #34 on this prestigious list of premier, privately-held companies in South Carolina, having relocated here from Charlotte only two years ago,” commented Charlie Malouf, President and CEO of Broad River Retail. “We hope to move up the list next year with the recent opening of our two newest Ashley HomeStores, one in Cary, North Carolina, and a second in Columbia, South Carolina.”

“We have an economic model that works for us and are looking to extend that model for greater throughput. As a Company, we have a growth mindset to extend our successful footprint in the Research Triangle of North Carolina and in growing areas of South Carolina. Our success can be attributed to many factors but would not happen without our team’s collective efforts toward the successful execution of our Company’s goals,” concluded Malouf.

About Grant Thornton
Founded in Chicago in 1924, Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd., one of the world’s leading organizations of independent audit, tax, and advisory firms. Grant Thornton, which has revenues in excess of $1.7 billion and operates 60 offices, works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.

About Broad River Retail
Broad River is one of Furniture Today’s Top 100 US Furniture Stores and is the largest independently owned licensee of Ashley HomeStore. The Company has also been recognized by Furniture Today as one of four Retail Giants of Bedding in the U.S., based on its achievements in the competitive mattress arena.

Founded in 2003 by Executive Chairman Jonathan Ishee and headquartered in Fort Mill, South Carolina, Broad River Retail is the regional licensee of 18 Ashley HomeStores in North Carolina, South Carolina, and Georgia, including one Ashley HomeStore Outlet in Charlotte. The privately-held Company employs over 500 at its stores, distribution center and corporate office.

Broad River received the IMPACT Award from Furniture Today in September 2017 for leadership in innovation and community service initiatives, including its work with not-for-profit Beds for Kids, through which it donates funds for beds for children who have no bed of their own.

For More Information
Contact Karen McKenzie, Broad River Retail 803-228-4828, kmckenzie@shopashley.com