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Phillips Furniture Essay

171 Words1 Pages
Phillips Furniture started as one store in the southeastern part of the United States as a retail store and selling furniture. At the beginning business was slow and soon it grew. Mr. Phillips hired more employees to help out with the demand his store was having, but that wasn’t enough because he didn’t have the warehouse space needed for his inventory. Soon after Mr. Phillips opened another store to attract new customers after he saw the success of his new store he opened several more stores in neighboring towns, having a total of six stores. Phillips Furniture supplier for furniture became financially unstable and Mr. Phillips took control of it as an acquisition to his company. As soon as Mr. Phillips felt that his company got big again
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