Jennifer - Ashley agreement
Jennifer Convertibles signed an agreement with Ashley Furniture to open 3 stores in the New York area. This is a significant opportunity for us, as it will allow us to utilize our existing back office infrastructure, as well as, our advertising knowledge in this market to capitalize on numerous efficiencies and significantly grow our revenue (hopefully profits too). Although the exact locations have not been determined, we are looking at sites in Brooklyn, Westchester & Long Island. We hope to open the first store in the first quarter of 2007.
http://www.furnituretoday.com/article/CA6387169.html?industryid=23169&industry=Headline+News
