Daily News
From Home Furnishing Business
Havertys to Close Stores March 19 to April 2
March 18,
2020 by Laurie Northington in Business Strategy, Industry
Atlanta-based Havertys (NYSE: HVT) has announced it will temporarily close its retail locations beginning March 19 until April 2 in response to the COVID-19 outbreak. The warehouse and distribution operations will also be suspended for two weeks, with teams receiving products from vendors and making home deliveries thru March 21.
The company will pay affected team members during these periods of operational pause. Havertys’ corporate office personnel are working remotely, and senior leadership is assessing business continuity plans during this national health emergency.
“We believe it is our corporate responsibility and reflects our company’s values regarding our employees, customers, and communities to take these actions,” said Clarence H. Smith, chairman, president and CEO. “Havertys was founded in 1885 and has weathered many difficult periods. Our financial strength, commitment and experience of our teams, and flexibility will serve us well during these uncertain times.”