Ethan Allen Recognized as America’s Best Premium Furniture Retailer for the Second Consecutive Year

Rhea-AI Summary

Ethan Allen Interiors has been named America's Best Premium Furniture Retailer for the second consecutive year by Newsweek and Statista Inc. The recognition, announced on July 17, 2024, is based on an independent survey of over 7,000 U.S. customers across 40 retail categories.

Customers evaluated retailers on prices, selection, atmosphere, customer service, and accessibility. Ethan Allen's top ranking reflects its commitment to exceptional quality and unique blend of technology and personal service. This achievement coincides with the company's 92nd year in business.

Farooq Kathwari, Ethan Allen's Chairman, President and CEO, attributed this success to the hard work of associates across their vertically integrated enterprise and their position as an interior design destination.

DANBURY, Conn., July 18, 2024 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen”) has once again been named #1 on Newsweek’s list of America’s Best Retailers 2024 in the Premium Furniture category. Presented by Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, the list was announced on July 17, 2024, and can be viewed on Newsweek’s website.

This prestigious award celebrates excellence in product quality, customer service, and overall shopping experience. Newsweek’s stated goal for the recognition is to help consumers make informed decisions by highlighting top-performing retailers in a range of U.S. retail segments, including home furnishings.

Ethan Allen was named #1 in the Premium Furniture category based on the results of an independent survey of more than 7,000 U.S. customers across 40 retail categories. Customers were asked about retailers’ prices, selection, atmosphere, customer service, and accessibility. They were also asked how likely they would be to recommend a retailer to someone else.

“As we celebrate our 92nd year in business, Ethan Allen is pleased to be recognized again as Newsweek’s #1 retailer of Premium Furniture,” said Ethan Allen’s Chairman, President and CEO Farooq Kathwari. “This recognition was made possible by the hard work of associates across our vertically integrated enterprise, by our commitment to exceptional quality, and by the unique combination of technology and personal service that has made us the interior design destination.”

ABOUT ETHAN ALLEN

Ethan Allen (NYSE:ETD), recently named America's #1 Premium Furniture Retailer by Newsweek, is a leading interior design destination combining state-of-the-art technology with personal service. Our design centers, which represent a mix of independent licensees and Company-owned and operated locations, offer complimentary interior design service and sell a full range of home furnishings, including custom furniture and artisan-crafted accents for every room in the home. Vertically integrated from product design through logistics, we manufacture about 75% of our custom-crafted products in our North American manufacturing facilities and have been recognized for product quality and craftsmanship since 1932. Learn more at www.ethanallen.com and follow us on Facebook, Instagram, and LinkedIn.

Media Contact:

Catherine Plaisted
Vice President, Marketing
203.743.8665
Catherine.Plaisted@ethanallen.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c2298cfd-d7a4-4deb-ad0b-18a20f06b04a

FAQ

What award did Ethan Allen (ETD) receive in 2024?

Ethan Allen (ETD) was named #1 on Newsweek's list of America's Best Retailers 2024 in the Premium Furniture category for the second consecutive year.

How were retailers evaluated for Newsweek's Best Retailers 2024 list?

Retailers were evaluated based on an independent survey of over 7,000 U.S. customers. Criteria included prices, selection, atmosphere, customer service, accessibility, and likelihood of customer recommendation.

When was Ethan Allen (ETD) founded?

As of 2024, Ethan Allen (ETD) is celebrating its 92nd year in business, indicating it was founded in 1932.

Who is the CEO of Ethan Allen (ETD) as of July 2024?

As of July 2024, Farooq Kathwari is the Chairman, President and CEO of Ethan Allen (ETD).

What factors contributed to Ethan Allen's (ETD) success according to the CEO?

According to CEO Farooq Kathwari, Ethan Allen's success is due to the hard work of associates, commitment to exceptional quality, and a unique combination of technology and personal service.