Rochester, NY 9/1/2009 3:00:47 PM
News / Business

Jennifer Convertibles, Inc. JEN, Ended Report at 1.49%

Jennifer Convertibles, Inc. JEN

Jennifer Convertibles, Inc. announced today that it has signed leases to open two additional Ashley Furniture HomeStores in New York. One will be on Queens Boulevard in Elmhurst, Queens and the other on Route 110 in Farmingdale, Long Island. This will increase the number of Ashley Furniture HomeStore locations which Jennifer is operating in the New York Metropolitan area to four.

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Last Trade:    1.49   
Day's Range:      1.30 - 1.73
52wk Range:    0.11 - 1.73
Change:               0.00 (0.00%)
Volume:             0
Avg Vol (3m):  12,052.3

ABOUT Jennifer Convertibles, Inc.


Jennifer Convertibles, Inc., together with its subsidiaries, engages in the ownership and licensing of sofabed specialty retail stores and leather specialty retail stores in the United States. It offers a line of sofabeds and companion pieces, such as sofas, loveseats, chairs, and ottomans, as well as tables, lamps, and rugs. The company also provides leather livingroom furniture and accessories, as well as home furnishing lines for the living/family room, bedroom, dining room, home theater, and home office. As of August 30, 2008, it had 171 stores, including 149 company-owned stores operated under the Jennifer Convertibles and Jennifer Leather names and 22 licensed stores; and 2 Ashley Furniture HomeStores. The company was founded in 1975 and is based in Woodbury, New York.

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