BATON ROUGE, LA (WAFB) - The owners of Olinde’s, a fixture in local furniture for 133 years, have sold much of their business to a company based in Memphis.
The two Olinde’s furniture stores and seven Ashley Furniture stores owned by the Olinde family have been purchased by the Dufrene Spencer Group (DSG).
DSG has more than 80 Ashley Furniture stores in the United States and more than 30 more in Canada.
The seven local Ashley stores being sold include locations in Opelousas, Houma, Lake Charles, Ponchatoula, Harahan, Gonzales and Denham Springs. The two Olinde’s furniture stores include a location on Airline Highway in Baton Rouge and another one in Lafayette.
Beau Olinde said Thursday that the Olinde family will retain ownership of their three Olinde’s mattress stores.
“DSG offered all our employees jobs at the same or better pay, and comparable benefits,” Beau Olinde said. “We were doing fine, but this was an opportunity we didn’t feel we could pass on. DSG will bring great resources, and more opportunities for upward advancement for our very talented and experienced associates.”