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4-Year Slump in Retail Sales Signals Worried U.S. Consumer

By Aggregated Content in economic news on July 16, 2012 from http://www.forbes.com/sites/abrambrown/2012/07/16/four-year-slump-in-retail-sales-signal-worried-u-s-consumer/

Retailers saw fewer customers for the third consecutive month in June,  a signal that weak job growth is forcing U.S. consumers to pare back purchases.

Sales fell be 0.5% to $401.5 billion, from the unrevised $403.4 billion in May, new Commerce Department data shows. Economists hoped that retail sales would rebound by 0.2%.

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Nadgir Joins Hickory Springs

By Home Furnishings Business in Executive Changes on July 16, 2012

Vijay Nadgir has joined furniture and bedding components vendor Hickory Springs as corporate director of foam research & development-customer development.

Nadgir's direct responsibilities include coordinating the foam division€™s R&D efforts with the needs of its customers. He also is directly involved in troubleshooting foam-related problems, working directly with customers and their quality control staffs. He joins a dedicated team of researchers that introduced the foam industry to PIPA polyol technology, melamine fire retardant, acetone as an auxiliary blowing agent and, more recently, the world€™s first bio-based foams including a new bio-viscoelastic foam.

€œHickory Springs has always been a forerunner in the development of new types of polyurethane foam,€ said Bobby Bush, senior vice president of foam and environmental technology of Hickory Springs. €œWith his distinguished R&D expertise, we look forward to seeing how Vijay will help lead Hickory Springs€™ foam division to new heights of innovation, diversification and customer satisfaction.€
                   
Nadgir has an extensive background in polyurethane foam with more 18 years of experience. Most recently, he spent the past six years with Invista in Wilmington, N.C., where he supervised a lab with an R&D staff of 10 people and provided tech service for customers around the world. Prior to that, he spent 12 years with ER Carpenter in Richmond, Va., where he began work as a research associate in 1994, then rose to chemicals division manager by the time he left the company in 2006.
Originally from India, Nadgir earned his BS in Chemical Engineering from the University of Bombay, India; an MS in Chemical Engineering from the University of Louisville; and a PhD in Chemical Engineering/Chemistry from Auburn University. He has participated in various CPI, PIMA, SPFA meetings throughout the USA and UTECH in Europe. In 2011, he also presented a paper named €œAromatic Polyester Polyols for Rigid Foams,€ at PUTECH India 2011.

Parmida Home Opens in Florida

By Home Furnishings Business in Store Openings on July 16, 2012

Home furnishings retailer Parmida Home has opened its first Florida store in Palm Beach Gardens, Fla.

Parmida Home has an 8,000-square-foot space on the first floor of Downtown at the Gardens, an outdoor shopping and entertainment mecca.

The location in the heart of the northern Palm Beach County city is proximate to several upscale residential communities, including homes in BallenIsles, estates in Frenchman€™s Reserve and condominiums at The Landmark.

€œWe are about enjoying your home and what you do in it,€ Director of Marketing Siotha Vest said. €œUnlike other furniture or accents retailers, we€™re a furniture store with designer furniture décor, along with a great mix of products selected solely to complement social activities in the customer€™s home.

The Palm Beach Gardens location marks its 15th store. Parmida Home also has stores in Colorado, Illinois, Missouri, Ohio, Tennessee and Texas.

Salon at Market Square & Suites Growing

By Home Furnishings Business in High Point on July 16, 2012

Salon at Suites at Market Square is expanding for October High Point Furniture Market.

€œFor the last few markets we have had a waiting list of companies that fit the profile for Salon, but we did not have enough space to accommodate all of them€ said Julie Messner, vice president of leasing for International Market Centers(http://www.imcenters.com) said of the juried showcase of fashion-forward furnishings across a wide range of styles and categories. €œClearly the demand was greater than our supply, so we have decided to expand Salon to feature more companies.€
 
The expansion of Salon will add an additional 8,000 square feet one floor above the current Salon, for a total of 33,000 square feet of exhibit space. The new exhibitors in this area will join a list of 44 companies already showing in Salon. Among the products featured in Salon are furniture, lighting, rugs, wall art, home textiles and decorative accessories.
 
The new area of Salon is most easily accessed by the escalator in the center of Salon, so buyers can easily shop both the Ground and Mezzanine Floors in the Suites at Market Square and be sure to see all of the new products and companies featured.
 
€œWe had been approached by many companies that wanted to show in High Point but felt Salon was the best fit for them, and with this expansion we will have the ability to add more of these unique, higher-end companies for buyers to see when they arrive at the October Market,€ Messner said.
 
Salon also is home to the Market Square Café, serving Starbucks--the only place in downtown High Point offering a full Starbucks hot drink menu, as well as a variety of breakfast and lunch items.

Longtime Rockford retailer Forgotten Treasures closing

By Aggregated Content in on July 14, 2012 from http://c.moreover.com/click/here.pl?z6828819537&z=1600249512 $10 for $20 Worth of Italian Cuisine at Joey C' Cucina & Cocktails! Value: $20.00 Discount: 50% Save: $10 Price: $10.00 Sign up to receive our DailyDeals Posted Jul 14, 2012 @ 06:00 PM Last update Jul 14, 2012 @ 06:08 PM On the Web Business News JPMorgan's Earnings Quietly Signal Housing Rebound 10 Fastest-Growing Drunk Nations 5 Great Cities for Gen Y'ers ROCKFORD €” Forgotten Treasures, 4610 E. State St., will close its doors later this year after nearly four decades in business. The eclectic gift, home décor and antique shop is owned by Cheryl Walker, and Walker

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