HIGH POINT, NC - Universal Furniture, which licenses a line of furniture from Paula Deen, said it plans to send a letter to retailers noting that it is closely monitoring facts emerging from the TV personality's admission that she used racial slurs.

In the letter, Universal President and CEO Jeff Scheffer, said the company was waiting for all of the "facts to play out before taking any action," Home Furnishings Business reported. Scheffer also makes it clear in the letter that Universal Furniture does not tolerate discrimination. Universal holds license for the Paula Deen Home collection which spans the entire home.

The Food Network announced last week that it would not renew Deen's contract, which ends this month. On Monday, Smithfield Foods, the nation's largest pork producer, had dropped her as its spokesperson. 

Deen, whose use of racial epitaphs were revealed in a recent lawsuit, issued a public apology via a Youtube video on Friday after canceling a scheduled appearance on the Today Show. Deen's Youtube video had collected more than 3.4 million views as of Monday afternoon,  

"After spending all day soul searching and trying to figure out how to deal with what I did, I recorded a video trying to do the right thing," Deen said in her Youtube post. "In the end, I felt that I needed to just be myself, say I am sorry and beg for forgiveness.

"What I said was wrong and hurtful. I know that and will do everything that I can do make it right. I am not about hate, and I will devote myself to showing my family, friends and fans how to live a life helping others, lifting us all up, and spreading love."

Last July, Forbes magazine estimated Deen's annual income at $17 million.