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From Home Furnishing Business

Consumer Confidence Index Increases to 81.5

Consumer confidence unexpectedly improved in August as Americans grew more optimistic about employment opportunities and the outlook for the economy.

The Conference Board’s index of sentiment advanced to 81.5 from a revised 81 the prior month that was stronger than initially estimated, the New York-based private research group said today. The median forecast in a Bloomberg survey of economists was 79. 

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Source: Bloomberg

Italian Designer Paola Navone Teams with Crate and Barrel

Home furnishings retailer Crate and Barrel has partnered with Italian designer, architect, art director and interior designer Paola Navone.

Twin-Star Partners with HGTV's "Love It or List It"

Twin Star ProductTwin-Star International has partnered with HGTV’s real estate and renovation television show, "Love It or List It."

Simmons Hospitality Launches Recycling Initiative

Simmons' Hospitality Division is implementing a new mattress recycling program.

Analysts Bullish on Restoration Hardware

Analysts are optimistic about revenue and profit gains at home furnishings retailer Restoration Hardware (RH).... 

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Source: Investors Business Daily

Ackman Looks to Sell 18% Stake in J.C. Penney

Hedge fund manager William A. Ackman is looking to sell his approximately 18 percent stake in retailer J.C. Penney.... 

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Source: Boston Globe

Arhaus Furniture Sets Expansion Plans

Arhaus FurnitureHome furnishings retailer Arhaus Furniture plans to open four stores in four states increasing its total store count in the fall of 2014 to 51 locations in 19 states.

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