Ashley Furniture Inds. has decided not to chase a $6 million tax credit through the Wisconsin Economic Development Corp. to support the company’s expansion in its home state.
Full-line furniture supplier Magnussen Home is relocated its High Point Market showroom to the former Thomasville showroom location in the IHFC.
Online home furnishings retailer Wayfair (NYSE: W) reported a net loss of $72.6 million for the fourth quarter ended Dec. 31 compared with a loss of $4.2 million in the same quarter last year.
Bedroom and dining supplier Exstra Design has unveiled its easy-to-navigate website to help retailers, designers and consumers uncover needed information quickly.
Charlotte, N.C.-based Broad River Furniture plans to invest $12.6 million to establish a corporate campus and distribution center in Fort Mill, S.C.
Luxury brand Kate Spade & Co. (NYSE: KATE) will begin the rollout of a line of home furnishings this spring to include furniture, rugs, fabric, wall pager and bedding and bath textiles through four licensed partners.
Compass Diversified Holdings, (NYSE: CODI) owner of American Furniture Manufacturing, reported net income of $8.9 million for the fourth quarter ended Dec. 31, compared to a loss of $5.1 million in the same quarter last year.