Despite a slight decline in same-store sales in the fourth quarter, discount retailer Big Lots (NYSE: BIG) reported a double-digit increase in earnings for the quarter and the fiscal year that ended Feb. 3.
High-end outdoor furniture producer Castelle has signed a licensing agreement with North Carolina’s Biltmore House and will unveil its first licensed Biltmore collection at next month’s High Point Market.
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.
Human Touch, a resource for massage chairs, zero-gravity chairs and other wellness products, has formed a partnership with racecar driver Cassie Gannis and has added the 26-year-old to its Wellness Council.
Case goods and upholstery resource Hickory White has been named winner of the annual “Green Market Award” for consistently following the city of High Point’s recycling and trash collection guidelines.
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.
Case goods and upholstery resource Abbyson has expanded its Asian operational footprint with the opening of a new office in Vietnam.