Furniture Chains Are Finding Room for Growth
Though some say the housing market is gradually improving, it’s still surprising that furniture stores are one of the sectors in retail experiencing high-profile square-footage growth. After all, its peers in the home-furnishings end of the business, like Lowe’s, are slowing down their once-rapid expansion paces of the last few years. But many furniture retailers are finding opportunities in spaces left behind by the likes of Circuit City and Linens ‘n Things. And the rents aren’t bad in this climate, either. Northeast chain Raymour & Flanigan is especially taking advantage of spaces left by the aforementioned chains. In Manhattan, it is going into a space vacated by a Circuit City. Raymour did the same at Linens in Philadelphia, and there…
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