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From Home Furnishing Business

NRF Forecasts Retail Sales to Rise 4 Percent This Year

The National Retail Federation is predicting U.S. retail sales will increase 4.1 percent in 2014.

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.

Furniture Orders up 10 Percent in November

New orders for furniture from retailers rose 10 percent in November 2013 compared with the same month in 2012, according to the latest Furniture Insights survey.

Consumer Spending Rises in December

The U.S. Department of Commerce reported today that consumer spending rose 0.4 percent in December 2013 compared with the same prior-year month.

Consumer Confidence Climbs to 5-Month High

U.S. consumer confidence hit its highest point since August on the strength of a stronger job market and economic conditions.

Retail Sales Increase Points to Strong 4Q Growth

U.S. retail sales edged up in December with a core spending gauge posting a big jump, a sign the economy gathered steam at the end of last year and was poised for stronger growth in 2014.

Select Comfort Revises 4Q Guidance

Select Comfort Corp.  (NASDAQ: SCSS) has reported a preliminary net sales growth of 5 percent year over year to $231 million for the fourth quarter.

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