Ethan Allen Embraces Everyday Pricing

Danbury, Conn., Ethan Allen is seeing a benefit from its switch to everyday pricing. CEO Farooq Kathwari, in a statement today, said: “Our implementation of everyday pricing has, as anticipated, altered the pattern of incoming written business to smooth out the peaks that were created in prior years, and, as a result, will impact our delivered sales this quarter.” Kathwari also said the change has led to better customer service and improved productivity of employees.