Havertys' 4Q business up 7.9%

Announces 2014 store openings

Havertys' total written business for the fourth quarter 2013 through November is up approximately 7.9% over the 13.9% increase reported for the same period last year, the company announced. Havertys

The company previously reported plans to increase its net selling square footage by 3.0% in 2014 and this week announced details on the openings of three stores.

Clarence Smith, chairman, president and CEO, said "We are pleased to announce our securing of these great new Havertys locations. They represent our commitment to strengthen our presence in key markets with additional or repositioned stores."

Havertys will open its first location in a high density area in the third quarter of 2014. The 19,000-sq.-ft. store will be in the Buckhead Square shopping center in Atlanta, Ga. on the corner of Peachtree Road and Piedmont Road.

The company will also open a store in Alliance, Texas, an 18,000-acre master-planned, mixed use community in North Forth Worth. The new 30,000-sq.-ft. store will be located in Alliance Town Center and is scheduled to open in the fourth quarter of 2014.

Havertys is also relocating one of its four Orlando, Fla. stores. The new store will be a part of a development at the intersection of US 441 & W. Osceola Parkway in Kissimmee. The 30,000-sq.-ft. store is expected to open in the fourth quarter of 2014 and will replace a location on S. Orange Blossom Trail in Orlando.

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