Broad River Retail Announces Advancement to #53 on Furniture Today Top 100

Broad River Retail, a licensee of Ashley HomeStore, announces it has advanced from #56 to #53 on Furniture Today’s Top 100 US Furniture Stores, according to the May 22, 2018, Furniture Today release. With 2017 revenues of $136.2M vs. $127.3 million in 2016, Broad River increased sales by 7%.

“Advancement on this prestigious list, in the face of skilled and energized competitors, is exciting for all of us here, and we’re pleased that our many efforts across all divisions of the Company have delivered these positive results. Ashley HomeStore’s new Outdoor line, launched in Spring 2017, added nicely to our overall volume, just as it’s doing this year. Our Home Furnishings Consultants now have tablets and other tools to maximize their time and productivity with each Guest,” stated Malouf. “We also continue to deploy technology inside and outside the stores to simplify the Guest experience in all aspects of our business,” Malouf concluded.

“The openings of two new HomeStores this past winter in Cary, North Carolina, and a second store in Columbia, South Carolina, along with the upcoming renovation of our hybrid Outlet this summer in Charlotte, will make 2018 another banner year for Broad River. We’re excited for the results we have generated as a team and look forward to reaching many more milestones,” stated Charlie Malouf, Broad River’s President and CEO.

About Broad River Retail
Founded in 2003 by Executive Chairman Jonathan Ishee and headquartered in Fort Mill, S.C., Broad River Retail is the largest independently owned Ashley HomeStore licensee, with 18 locations in North Carolina, South Carolina, and Georgia, including one outlet in Charlotte. The privately held Company employs over 500 at its stores, distribution center and corporate office.

For More Information
Contact Karen McKenzie, Broad River Retail, 803-228-4828