Fabric and mattress ticking supplier Culp (NYSE: CFI) reported net income of $3.8 million for the third quarter ended Feb. 1 compared to net income of $8.4 million in the same quarter last year.
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.
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.