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Havertys Q1 sales rise 5%
Atlanta - Sales for first quarter 2015 at Havertys Inc. increased 5% to $191.3 million, compared to $181.7 million for first quarter 2014. Same-store sales rose 3.8%.
Havertys plans to open three new stores in 2015, including a store in Rogers, Arkansas that will open this week and a showroom in Waco, Texas slated to open in mid-May. This expansion into two new markets for Havertys will occur as Havertys strengthens its position in southeast Florida, with a new store in Fort Lauderdale slated for July,
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Party City files for IPO, plans 350 new stores
Rockaway, N.J. – Party City is joining the initial public offering (IPO) party. The retailer has filed paperwork for an IPO that could raise as much as $428 million and value the company up to $2 billion.
One of the main reasons Party City wants to take its celebration public is to support planned growth of 350 new North American stores. The retailer currently operates 900 Party City stores, as well as the Halloween City, Factory Card & Party Outlet and Party Packagers chains.

