June 26,
2011 by in UnCategorized 
By Aggregated Content in economic news on June 27, 2011
from http://c.moreover.com/click/here.pl?z4891668645&z=1250249030
Consumer spending was flat in May, the weakest reading since June 2010, the Commerce Department reported Monday. Personal income rose 0.3 percent. Wall Street economists had expected a 0.3 percent increase in incomes and a 0.1 percent gain in spending. The savings rate rose to 5.0 percent from 4.9 percent in April. Excluding inflation, disposable incomes rose 0.1 in May after falling 0.1 percent in April. Spending adjusted-for-inflation fell 0.1 percent for the second straight month. The personal consumption expenditure price index rose 0.2 percent in May and is up 2.5 percent in the past year.
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June 26,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on June 27, 2011
from http://c.moreover.com/click/here.pl?z4893751054&z=1250249027
A Green Bay-based furniture company soon will be moving into the former County Market building, 2111 Eighth St. S., Wisconsin Rapids, a real estate agent confirmed this afternoon.
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June 26,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on June 27, 2011
from http://c.moreover.com/click/here.pl?z4893657613&z=1250249030
The Restoration Hardware store on the Third Street Promenade closed its doors Thursday. The stores closure came as a surprise to employees, who learned about the move just days before it happened, said a worker who wished to remain anonymous. We dont know wants going to happen to [the employees]. . . . It's still up in the air, she said the day before the closure. The furniture chain is shutting a number of its mall locations in an effort to rebrand itself as a luxury retailer, according to the Los Angeles Times.
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June 26,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on June 27, 2011
from http://c.moreover.com/click/here.pl?z4893579167&z=1250249027
Blu Dot Design and Manufacturing Inc., a funky contemporary home furnishings retailer, is expanding to Los Angeles. It will be it the Minneapolis-based companys second retail store. Its in New Yorks Soho neighborhood in November 2008. The 3,500-square-foot West Coast store is located in a retail district at 8000 Melrose Ave. It opened in early June. Blu Dot's home furnishings are sold at across the country, and abroad. Blu Dots work has been showcased at museums such as the Blu Dot Design and Manufacturing Inc., a funky contemporary home furnishings retailer, is expanding to Los Angeles. It will be
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June 26,
2011 by in UnCategorized
By Aggregated Content in Bankruptcy on June 27, 2011
from http://c.moreover.com/click/here.pl?z4893558331&z=1250249027
Pierre Deux, a French-inspired home furnishings store on King Street, closed its doors last week. Gail Griffen, former manager of the downtown store, said in a news release announcing the closure that employees were told Thursday morning to pack their personal belongings and exit the building, locking the door behind them. Employees of the downtown store declined to comment on the closing. Susan Lucas of King Street Marketing Group said the company filed for Chapter 7 bankruptcy protection, which provides for liquidation of assets, and that all stores nationwide were abruptly closed Thursday morning. The furniture chains holding company, Arts
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