City Furniture was founded in 1971 in Fort Lauderdale, Florida, by Kevin Koenig. Originally named Waterbed City, the company switched to selling furniture when the bottom fell out of the waterbed market. Kevin’s brother, Keith, renamed the company City Furniture.
Today, the company is the number 1 furniture retailer in Southern Florida. The original store is still in operation and there are now 15 City Furniture locations and 12 Ashley Furniture showrooms throughout the state. There are currently more than 1,800 persons employed full time. Estimated annual revenue in 2016 is $3.2 million.
Early in 2017, the company released a mobile phone app, which a company spokesperson says cuts shopping time in half and has increased sales by more than 5%. Customers can also apply for credit via the app.
In 2016, City Furniture became one of the first retail furniture companies to offer free shipping. City Furniture also outfitted reality TV star Jill Zarin’s house in Boca Raton, Florida, in 2017.
Company headquarters are located in Tamarac, Florida.