Ethan Allen Furniture Stores Closing
Ethan allen will be open by appointment only or will temporarily close all of its company owned retail design centers in north america through march 27 due to the coronavirus outbreak.
Ethan allen furniture stores closing. If you are using a screen reader and having problems using our website please call 1 888 324 3571 between the hours of 8 30 a m. Ethan allen has been designing building and selling high end furniture since 1932. Ethan allen owns the real estate at five of the closing stores and leases the others. And cut employee pay after closing its stores at the end of march.
It expects the sale of the properties over the next 12 to 15 months will generate pretax gains of 4 million. In fiscal year 2019 ethan allen s sales generated from its 300 design centers were 746 7 million compared to 2 5 billion for rh out of fewer than 90 retail galleries and 39. Today the retailer and manufacturer runs over 300 store locations across the u s. Furniture stores ethan allen and la z boy are reassembling after coronavirus induced furloughs and closures.
2020 ethan allen global inc.