Cory sees annual revenue increase

April 22, 2003
Despite a sluggish economy and its impact on an industry undergoing significant change, Cory Home Delivery said it is on track to increase annual revenue to $100 million by the end of 2005. The appliance and furniture carrier recently added new business alliances, including Thomasville, Haynes Furniture and B & B Italia. It is also serving new Ethan Allen, Best Buy and Circuit City locations. “We
Despite a sluggish economy and its impact on an industry undergoing significant change, Cory Home Delivery said it is on track to increase annual revenue to $100 million by the end of 2005.

The appliance and furniture carrier recently added new business alliances, including Thomasville, Haynes Furniture and B & B Italia. It is also serving new Ethan Allen, Best Buy and Circuit City locations.

“We are humbled to be in this favorable position in these challenging economic times,” said company chairman Joseph Cory. “The far-reaching changes and expansions now underway in the furniture industry are the most significant we have experienced in our 70-year history."

Utilizing new logistics models is also part of Cory’s aggressive strategy in working with licensees and franchisees. The company said it now partners with a major LTL furniture carrier to provide total logistics solutions for both manufacturers and storeowners.

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