AP NEWS

Andrew Koenig Promoted to President of City Furniture

January 9, 2019

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan 9, 2019--City Furniture, a national Top 100 furniture retailer, has named industry innovator Andrew Koenig president of the firm, which owns and operates a network of 29 City Furniture and Ashley HomeStore showrooms throughout Florida.

Keith Koenig, co-founder and long-time president and CEO of the 47-year-old, family-owned company, announced the promotion and continues as CEO. His son Andrew Koenig, who joined City Furniture 15 years ago, has most recently served as vice president and chief operating officer.

“As COO, Andrew’s leadership has been transformational in every aspect of our operations, marketing, merchandising and human resources,” said Keith Koenig. “His track record for anticipating and realizing the potential of major economic and industry trends has positioned us to continue City Furniture’s significant statewide growth.”

Andrew Koenig, who studied kaizen management methods in Japan, has led City Furniture’s high-growth, continuous improvement process, boosting the firm’s productivity throughout the past decade. As president, he oversees all departments and associates, as well as the roll-out of the Lean Management system he developed. His visionary “greening” of the firm’s approximately 100-truck delivery fleet to run on compressed natural gas (CNG) has cut emissions by 47 percent, produces strong, ongoing ROI and has won national awards.

As Southeast and Southwest Florida’s top-selling furniture retailer, City Furniture is underway with a $100 million expansion, including the opening of its first of three showrooms in the Orlando market in November 2018. The Tamarac, Fla.-based company employs 1,850 associates statewide, and expects to create approximately 400 new jobs in South and Central Florida this year.

The firm is exclusive Southeast and Southwest Florida licensee for Ashley HomeStore. A dual-brand City Furniture and adjacent Ashley HomeStore is slated for opening this year in Doral. The company’s largest-ever showroom, a 120,000-square-foot City Furniture superstore is under construction near Mall at Millennia in the Orlando market, as is a new 114,000-square-foot showroom in Altamonte Springs.

Active in the national retail furniture industry and South Florida’s business and civic community, Andrew Koenig serves on the board of directors of Junior Achievement of South Florida. He earned his Master of Business Administration degree in Entrepreneurship/Entrepreneurial Studies from Nova Southeastern University and his Bachelor’s degree in Accounting and Finance from Elon University.

Download Andrew Koenig photo: https://bit.ly/2FfGTyX

View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005495/en/

CONTACT: Linda Lewis 954.428.4477

llewis@smith-knibbs.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT HOME GOODS RETAIL CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: City Furniture

Copyright Business Wire 2019.

PUB: 01/09/2019 09:43 AM/DISC: 01/09/2019 09:43 AM

http://www.businesswire.com/news/home/20190109005495/en

AP RADIO
Update hourly