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From Home Furnishing Business

Culp to Acquire Hospitality, Commercial Market Supplier

Fabric supplier Culp Inc. (NYSE: CULP) said it has signed a definitive agreement to acquire Read Window Products, a producer of custom window treatments and other products for the hospitality and commercial markets.

Rent-A-Center Cuts 25% of Corporate Staff; Continues to Study Sale

Rent-to-own major Rent-A-Center (NASDAQ: RCII) said it has eliminated 250 jobs at its Plano, Texas headquarters – about 25% of the workforce there – as part of its effort to reduce costs and return the company to profitability.

Abbyson Opens Vietnam Office

Case goods and upholstery resource Abbyson has expanded its Asian operational footprint with the opening of a new office in Vietnam.

HFB Sets March 16 Deadline for High Point Product Intros

Home Furnishings Business is putting together its editorial coverage for the Spring High Point Market issue, and has set a March 16 deadline for exhibitors to submit new product photos.

HFA Sets First Leadership Institute for June 19-22

The Home Furnishings Association will hold its first-ever Home Furnishings Leadership Institute in June – a four-day program aimed at training future leaders in the furniture retail segment.

Xcella to Debut Accessories at HP Market

Canadian manufacturer Xcella has added a line of accessories to its portfolio and will showcase the new offering at the upcoming High Point Market taking place April 14-18.

Jensen-Lewis Closes Chelsea Showroom, Relocates to Upper East Store

Contemporary furniture store Jensen-Lewis has announced they are closing their Chelsea store location in New York City’s art district and consolidating into their Upper East end store, due to redevelopment plans for the Chelsea location by their landlord.

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