Rochester,NY 9/1/2009 9:49:53 PM
Jennifer Convertibles, Inc. JEN, To Open Two Additional Ashley Furniture HomeStores
Jennifer Convertibles, Inc.
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.
Jennifer Convertibles is the owner and licensor of the largest group of sofabed specialty retail stores in the United States, with 149 Jennifer Convertibles stores and is the largest specialty retailer of leather furniture with 14 Jennifer Leather stores. As of August 31, 2009, the Company owns 142 stores, licenses 21 (including 19 owned and operated by a related company on a royalty free basis) and operates two licensed Ashley Furniture HomeStores.
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