Havertys January Sales Decline

February 7, 2007  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on February 2007 The 120-store Havertys Furniture chain reported Thursday that January sales decreased 3 percent to $64.9 million in January. Comparable-store sales decreased 4.4 percent at the Atlanta-based retailer.

“Our January started very slowly with weak business for the New Year’s holiday in many of the markets we serve,” said Clarence Smith, president and CEO. “The general trend for retail home furnishings sales remains sluggish. We have continued to maintain our pricing integrating and are focusing on adjusting our operating costs to meet the current business conditions.”