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From Home Furnishing Business

James Broyhill Creates Furniture from Bourbon Barrels

After the liquid goodness of an amber bourbon or a finely aged wine finds a home on the shelves and in friendly gatherings, their first keeper, the unassuming barrel, remains.

That's where James Broyhill , furniture maker and founder of Heritage Handcrafted, comes in - winding his way through the mountains from his home in North Carolina. Call him a knight in shining armor if you will. Whisking the barrels away, he transforms them - crafting heirloom pieces of furniture from the used wood and metal.

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Source: KyForward

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

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

Technogel Finds U.S. Home in Historic Pittsburgh Building

Italian mattress vendor Technogel has found its U.S. home in a historic Pittsburgh, Pa., office tower.... 

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Source: Pittsburgh Post-Gazette

 

Sears Canada Q2 Revenue Falls 9.6%

Sears Canada reported that second-quarter revenue fell 9.6 percent from the same period last year.
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Source: Yahoo! Canada

George Cartledge named to SW Virginia Business Hall of Fame

George Cartledge  Jr. of furniture retailer Grand Home Furnishings will be inducted into the Southwest Virginia Business Hall of Fame

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Source: Roanoke Times

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