Property Lines - Scott Olson

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Real Estate & Retail

Ashley Furniture HomeStore closing Carmel outpost

January 5, 2010

The Ashley Furniture HomeStore location in Carmel will close later this month after the owner and landlord failed to come to terms on a lease renewal. Ashley locations in Greenwood and Avon will remain open, and store owner Chris Caprio says he's scouting for a new Ashley location on the north side. He said the Carmel store, which opened in 2002 at 2003 E. Greyhound Pass, will hold a liquidation sale starting Jan. 14. The Indianapolis-area stores are run by an independent affiliate of Ashley, which in 2007 passed Wal-Mart to become the top furniture and bedding retailer in the U.S.

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