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The company began in 1911 as International Shoe Company with the merger of Roberts, Johnson & Rand Shoe Company and Peters Shoe Company. In 1966, the company changed its name to Interco as the result of diversification, and once the company exited the shoe business, adopted the name Furniture Brands International .
The company opened its first store in 1991 in Newington, Connecticut and is ranked 12th in sales among United States furniture stores according to Furniture Today's list of Top 100 Furniture Stores. [4] [5] As of March 2022, the company has 150 stores in 24 US states, primarily in the Northeast, Mid-Atlantic, Midwest, and West Coast regions.
The average outlet center has an area of 216,000 square feet. [2] In 2003, outlet malls in the U.S. generated $15 billion in revenue from 260 stores. The number of U.S. outlet centers increased from 113 in 1988 to 276 in 1991 and to 325 in 1997. [2] Outlet malls are not an exclusively American phenomenon.
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Haverty Furniture Companies, Inc. ("Havertys") is an American retail furniture company founded in 1885. Beginning with a single store in downtown Atlanta , [ 2 ] Havertys has grown to become one of the top furniture retailers in the south and central United States.
The chain's first location was opened in downtown Roanoke in 1911 under the name Grand Piano Company and specialized in pianos, other musical instruments and related merchandise. During the 1930s, the company added furniture, radios and phonographs. When purchased in 1945 by the Cartledge family, the name was changed to the Grand Piano and ...
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