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From Home Furnishing Business

Capel Rugs Nets Best of Houzz Award

Capel Rugs  has received a Best Of Houzz 2015 award for customer satisfaction the online platform for home remodeling and design ideas and sourcing.

Ashley Drops $6M Tax Credit

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.

Magnussen to Relocate High Point Showroom

Full-line furniture supplier Magnussen Home is relocated its High Point Market showroom to the former Thomasville showroom location in the IHFC.


Wayfair Reports 4Q Loss of $72.6 Million

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.

Exstra Design Introduces Website

Bedroom and dining supplier Exstra Design has unveiled its easy-to-navigate website to help retailers, designers and consumers uncover needed information quickly.

Broad River Plans Headquarters in S.C.

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.

Kate Spade Home Furnishings Coming to EJ Victor, Jaipur

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.

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