Havertys Q4 Sales Up, Plans Square-Footage Increase
December 3, 2013,
ATLANTA-In a preliminary report on its fourth-quarter results, Havertys said written business for the quarter through November has gained 7.9 percent over the same period last year.
The specialty retailer also said it is planning to boost its net selling square footage by 3 percent in 2014. It will open a store with 19,000 square feet of net selling space in the Buckhead Square shopping center here in the third quarter of 2014, which the company said will be its first location in a high-density area. It will also open a store in the AllianceTexas community of North Fort Worth, Texas, in next year's fourth quarter, a location that will measure 30,000 square feet of selling space.
Havertys will also relocate one of its four stores in Orlando, Fla., to a location that will have 30,000 square feet of selling space, to a development in the nearby city of Kissimmee.
Other Articles By Author
Von Tobel Cites Brass Textures Among Top Trends
HFN's DIGITAL EDITION
2017 State of the Industry Report
Cautious Optimism, Mixed Results
Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.
ALSO IN THIS ISSUE:
- Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
- N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.