Jennifer Convertibles opening two Ashley FurnitureHome Stores in N.Y.

Jennifer Convertibles announced Monday that it has signed leases to open two additional Ashley Furniture HomeStores in New York, with one in Elmhurst, Queens, and the other in Farmingdale.

Commenting on the new store locations, Harley J. Greenfield, CEO said: “Our Ashley division has been continuing to grow, producing about 15% of our revenue during our last fiscal quarter with increased profitability. By adding additional locations in the same geographical area, we expect to achieve economies of scale in all areas of our Ashley Furniture HomeStore model."