According to GlobalData’s company profile on Ashley Furniture Industries, was a key innovation area identified from patents. Ashley Furniture Industries's grant share as of February 2024 was 93%. Grant share is based on the ratio of number of grants to total number of patents.

Interchangeable decorative panel display system for furniture

Source: United States Patent and Trademark Office (USPTO). Credit: Ashley Furniture Industries Inc

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A recently granted patent (Publication Number: US11877656B1) describes a unique piece of furniture with a display system that allows for the interchangeability of decorative panels. The furniture panel features an exteriorly exposed vertical planar surface with a display frame overlaying it, creating a six-sided pocket. Inside this pocket, a stack of interchangeable decorative panels can be placed, each panel secured by an elongate fastener that extends through the secondary structure and the stack. The design ensures that the planar surface extends to four peripheral edges, leaving an uncovered portion exposed between the display frame and the edges.

Furthermore, the patented piece of furniture includes additional features such as knobs attached to the elongate fastener, aligning apertures in the decorative panels, flexible fingers surrounding the apertures, and a locating nub engaged in the collective apertures of the stack. The display system is designed to securely hold the interchangeable panels in place, with the six-sided pocket preventing the panels from being removed without first taking off the display frame. The system also allows for the display of pictures or printed images through secondary openings in the ornamental frame portion, adding a customizable element to the furniture's design. Overall, the patent showcases an innovative approach to furniture design, combining functionality with aesthetic appeal through a versatile display system.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.