Home Textiles Today - September 5, 2005

High Point, N.C. —Culp, Inc. plans to reduce its U.S. yarn manufacturing operations by selling the company's polypropylene yarn extrusion equipment located in Graham, N.C., to American Fibers and Yarns Company. The buyer is one of Culp's suppliers based in Chapel Hill, N.C., and the price is $1.

• Business Today
• Consumers Feeling More Confident
• Ross Again Leads The Way
• Gottschalks Ups Income
• Retail Sales Falling Short of Target

• News
• Saks Ups Total Of Improper Markdowns
• GTT Opens Office In China, Moves Into Larger Facility
• Pacific Coast Home Adds Bath Accessories, Moderate Fancy Towels
• American Century Hires For Bedding, Buys DC
• Sandra Magsamen Debuts First PHI Collection
• W-S Counts on Newer Brands
• Riley Joins Nano-Tex
• Home Source To Enter New Space, Add Innovations
• John Tomkins Takes Reins at New Roth & Tomkins
• Katrina Crushing Business
• IFDA Offers Look at Color Trends
• C&F Updates Quilts, Revisits Juvenile/Baby
• Unifi Closing Nylon Plant
• JLA Takes Space In Market Square
• Ailing WPS Pension Fund Taken Over
• Dollar General Tries To Entice New Customers
• TIP Focuses on Growth
• No China Agreements, More Petitions Submitted
• Restoration Hardware Announces Personnel Changes
• SEC Charges Former Kmart Duo
• Gottschalks to Open Home Furnishings Store
• Retail Briefs
• Restoration Hardware Adds Custom Programs, Refines Mix
• Optimism at Decosit
• House Unveils New Fabrics, Pillows, Crib Bedding

• Opinion Today
• Thinking For The Future
• Better Living Through Television?

• People Today
• Big Lots Appoints Merchandise Planning VP
• cmi Creates Direct Sales Force
• Home Dynamix Hires Holmes
• Home Depot Taps Taylor to Head Merchandising
• Textiles Vet to Lead Thomasville Furniture
• Renaissance Hires Botwinick
• Hollander Adds Basic Bedding VP