March 5,
2015 by in Financial Reports, Industry
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.
March 4,
2015 by in Business Strategy, Industry
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.
March 4,
2015 by in Financial Reports, Furniture Retailing, Industry
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.
March 4,
2015 by in Industry, Internet
Bedroom and dining supplier Exstra Design has unveiled its easy-to-navigate website to help retailers, designers and consumers uncover needed information quickly.
March 4,
2015 by in Business Strategy, Furniture Retailing, Industry
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.
March 3,
2015 by in Industry, Licensing
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.