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From Home Furnishing Business

Study Says Affluent Consumers Will Build Savings This Year

While affluent consumer confidence as measured by Unity Marketing's Luxury Consumption Index rose slightly in early January, the latest survey forecasting spending and purchases among the affluent shoppers shows they are more likely to save and invest any financial gains they accumulate over the next 12 months, rather than pick up the pace of spending on luxury or high-end goods and services.

Twitter Chat To Preview High Point Spring Intros

The High Point Market Authority and collaborative design community Decor Mentor will again co-host a global Twitter Chat to preview new products at Spring Market.

Flexsteel Sales up 19 Percent in Fiscal Q2

Upholstered furniture manufacturer Flexsteel reported record fiscal second-quarter sales of $113 million, a 19 percent increase over the prior-year period.

Select Comfort Q4 Sales Rise 5 Percent

Specialty bedding retailer and manufacturer Select Comfort (NASDAQ:SCSS) reported a 5 percent increase in sales to $231 million during its fourth quarter.

IPO Chatter for Wayfair

Rapid growth at online home furnishings retailer Wayfair is spurring more talk about an initial public offering at the Boston-based company.

ISPA Expo Will Feature Record Number of Exhibitors

The International Sleep Products Association's ISPA Expo 2014 already has a record number of exhibitors, 196, signed up for the March 26-29 event in New Orleans.

Harkness Super Bowl Promotion Give Away $70K

Harkness Furniture is giving back more than $70,000 to customers after Percy Harvin's kickoff return for a Seattle Seahawks touchdown to open the second half of the Super Bowl.

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