Epperson, Koenig to Speak at Home Furnishings Networking Conference

March 5, 2015 by in Industry, Special Events

The North American Home Furnishings Association has added two key speakers to its agenda for the Home Furnishings Networking Conference in May.

Legacy Classic, LC Kids Names Sullens VP of Sales

March 5, 2015 by in Casegoods, Executive Changes, Industry, Product

Industry veteran Scott Sullens has been named vice president of sales for case goods supplier Legacy Classic and youth vendor LC Kids.

Frank Lorenzo Named IHFRA President

March 5, 2015 by in Executive Changes, Industry

Frank Lorenzo has been elected the 77th president of the International Home Furnishings Representatives Association.

Culp 3Q Sales Climb 12%

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.

Manufacturing Summit Set at Mississippi State

March 5, 2015 by in Industry, Special Events

The Franklin Furniture Institute and the American Home Furnishings Alliance (AHFA) will host a joint Manufacturing Summit on the campus of Mississippi State University.

Ashley Drops $6M Tax Credit

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.

Wayfair Reports 4Q Loss of $72.6 Million

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.