Abstract

AbstractRetail‐ Furnitures Home Furnishings (MIC: 5.9 SIC: 5712 NAIC:442110)Haverty Furniture Companies is a specialty retailer of residential furniture and accessories with 120 stores serving 79 cities in 17 states as of Dec 31 2006. Co. provides brand names of merchandise, such as Sealy, Serta and Tempur‐Pedic, primarily in the middle to upper‐middle price ranges. Co. also carries merchandise that bears the Havertys brands, Havertys Collections®. Co. provides charge credit plan with credit limits determined through its on‐line credit approval system and an additional credit program outsourced to a third party finance company. Co.'s Havertys Credit Services, Inc. subsidiary handles the credit approval, collections and credit customer relationship functions.

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