Hi Tom- News on HAVT today which gives a flavor for type of store...
Bruce --------- ATLANTA, Feb. 10 /PRNewswire/ -- Haverty Furniture Companies, Inc. (Nasdaq: HAVT - news and HAVTA - news), and Furniture Brands International today jointly announced a strategic alliance whereby Havertys will allocate, upon full implementation of the program, up to one-half of its retail space in all of its stores to the prominent display of products manufactured by Furniture Brands' companies. Furniture Brands will provide Havertys with increased service support to each of its five regional distribution centers. Management at both companies stated that they will begin the program by the second quarter of this year, and expect that it will be fully implemented by mid 1999.
John E. Slater, Jr., President and Chief Executive Officer of Havertys, stated, ''Furniture Brands manufactures products under three of the best known brand names in the industry - Broyhill, Lane and Thomasville. While Havertys has already been displaying and selling...''
Havertys, which is ranked as the fifth largest U.S. furniture retailer, operates 97 showrooms in 13 states providing its customers with a wide selection of quality merchandise in middle- to upper-middle price ranges. Furniture Brands is the largest manufacturer of residential furniture in the United States and manufactures...
Havertys website: www.havertys.com. |