Ashley Furniture

Ashley Furniture Industries, Inc. is a major North American furniture manufacturer and retailer that operates primarily under the Ashley HomeStore name, along with Ashley Outlet and other large-format store concepts. The company designs, builds, and sells a full range of home furnishings, including living room, bedroom, dining, home office, and mattress products, as well as décor and accessories. Its stores are positioned as value-focused, one-stop destinations for whole-home furniture.

The business began in 1945 in Arcadia, Wisconsin, as a small furniture manufacturer serving regional customers. Over time, Ashley expanded its production footprint across the United States and abroad, and then moved into retail by creating the Ashley HomeStore format. A key milestone in the company’s growth was the decision to license the HomeStore brand to independent operators, which allowed Ashley to pair a large-scale manufacturing and logistics platform with a broad network of local owners. That combination helped transform Ashley from a regional factory into one of the best-known furniture brands in North America and beyond.

As of November 2025, the Ashley HomeStore network includes more than 1,100 locations across roughly 70 countries, supported by Ashley Outlet stores and other big-box formats. The U.S. presence is especially strong, with stores in most states and a mix of regional shopping centers, power centers, lifestyle centers, and standalone sites. Many locations serve as destination showrooms that draw from a wide trade area and support both in-store and omnichannel sales.

Over the last five years, Ashley has focused on growing and repositioning its store base rather than standing still. The company has continued to open new large-format HomeStore locations in underserved markets and secondary cities, while remodeling and relocating existing units into larger, more visible spaces. It has also expanded its Ashley Outlet concept within outlet centers and value-oriented retail environments, giving the brand more flexibility across different center types and consumer segments. Internationally, Ashley has added stores and partners in Latin America, Asia, and the Middle East, extending its reach well beyond its U.S. core.

For landlords, brokers, and developers, Ashley presents as a high-traffic, national brand that typically occupies sizable, high-visibility boxes suited to regional and power center merchandising plans. The company’s ongoing expansion in the Sun Belt, Mountain West, and Southeast, along with continued investment in relocations and remodels, keeps it active in site selection and portfolio upgrades. Its long operating history, vertically integrated supply chain, and broad network of independent HomeStore owners contribute to a stable, recognizable anchor that can support surrounding tenancy and help position retail and mixed-use projects as established shopping destinations.