May 2,
2024 by HFBusiness Staff in Business Strategy, Industry 
Culp, Inc. announced a major restructuring plan designed to reduce costs, improve asset utilization, and drive performance and profitable growth. This plan, which is being implemented primarily in the company’s mattress fabrics segment and, to a lesser extent, in its upholstery fabrics segment, includes the following strategic actions:
May 2,
2024 by HFBusiness Staff in Business Strategy, Industry
Ashley, the largest furniture store brand in North America, is highlighting its Beyond Home Promise, a multifaceted effort to expand on the company’s commitment to its purpose, “To inspire the love of home and enrich the lives of those around us.” Ashley’s Beyond Home Promise supports social responsibility across the company’s pillars of honoring Military and First Responders, advancing medical research, protecting our planet, and uplifting communities.
May 1,
2024 by HFBusiness Staff in Business Strategy, Industry
IKEA U.S. opened an in-store model of a permanent supportive housing unit (Small Home) at IKEA Live Oak, built with sustainable materials and using the principles of trauma-informed design. Trauma-informed design is an empathy-based approach to creating spaces that consider the needs of individuals who have experienced trauma and aims to create environments that support healing and promote overall well-being.
May 1,
2024 by HFBusiness Staff in Business Strategy, Industry
Pottery Barn Teen, a portfolio brand of Williams-Sonoma, Inc., now offers new digital tools and an enhanced shopping and design service experience for dorm essentials including bedding, bath, storage and décor.
May 1,
2024 by HFBusiness Staff in Business Strategy, Industry
On April 20, S.N. Joshi & Sons Co. Pvt. Ltd. (S.N. Joshi & Sons) celebrated the Grand Opening and Ribbon Cutting of its new 4,900 sq. ft. Ashley Furniture HomeStore showroom located in Teku, Kathmandu 44600, Nepal.
May 1,
2024 by HFBusiness Staff in Business Strategy, Industry
Chair of the U.S. Consumer Product Safety Commission (CPSC), Alexander Hoehn-Saric, has accepted AHFA’s invitation to address the Board of Directors at its May 2024 government affairs meeting at the Westin Washington, D.C. Downtown.
May 1,
2024 by HFBusiness Staff in Business Strategy, Industry
Global furniture brand, SUNPAN is celebrating the success of its busiest market in company history at the recently concluded spring show in High Point, North Carolina.