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Havertys Furniture $HVT is opening 5 new stores in 2026

Including its first store in the state of Pennsylvania

This new store will be located in a repurposed building formerly occupied by bankrupt retailer Joann Fabrics

Other new Havertys stores have also opened in spaces once occupied by Bed Bath & Beyond, Big Lots and other retailers

But another interesting real estate—and market share capture—opportunity may exist for Havertys:

The recent bankruptcy and liquidation of American Signature and Value City Furniture

The bankruptcy of these furniture retailers has resulted in >100 store closures—and left ~$1 BB in annual retail furniture revenue up for grabs

Could Havertys Furniture pursue these sites—and lost furniture sales?

If so it would not be the first time for the Company⬇

Havertys Furniture Is Opening New Stores In Spaces Vacated By Joann Fabrics And Big Lots--But A Different Bankrupt Retailer May Offer An Even Better Real Estate And Market Share Capture Opportunity
Feb 26
at
1:53 PM
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