Riverside invests $5.4 million in NC distribution center

FORT SMITH, ARK.— Case goods resource Riverside Furniture has invested $5.4 million to buy and renovate a 300,000-square-foot warehouse and distribution center in North Carolina’s Caswell County.

The move, it said, will position the company to cut shipment lead times to Eastern U.S. retailers to about one week from receipt of order.

Once fully up and running in May, “Riverside will have a total domestic warehousing capacity of over 800,000 square feet, including our 500,000-square-foot Ft. Smith warehouse that primarily serves the Midwest and Western U.S.,” said Fred Henjes, chief executive officer and president of Riverside.

 “The new N.C. distribution center will allow us to inventory our entire product line, including bestsellers, across all categories — bedroom, dining room, home office, home entertainment and occasional furniture,” Henjes said in a release.

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Improving customer service and reducing lead times is expected to “enable retail partners to realize greater profitability through reduced freight and inventory costs and increased sales velocity,” he added.

And because the distribution center sits on a 50-acre tract, “The campus will give us the ability to expand as customer needs dictate,” Henjes said. 

The North Carolina facility is Riverside’s second major investment in the state recently. The company is currently renovating the historic YMCA on Main Street in High Point to create a state-of-the-art, 70,000-square-foot showroom and product development center it will use year-round. The combined projects represent a $15 million investment, “which is a reflection of our growth as a company and the expansion of service to our customer base,” Henjes said. 

He added that Riverside is especially excited the opening of the showroom and distribution center this coming spring will coincide with the celebration of Riverside’s 75th anniversary.” 

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