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Consumers got some of their mojo back in November as the Conference Board’s Consumer Confidence index jumped to 56.0, up from 40.9 in October. The Present Situation Index increased to 38.3 from 27.1, while the Expectations Index rose to 67.8 from 50.0, the research organization said. “Confidence has bounced back to levels last seen . . . → Read More: Consumers more optimistic in November A record 226 million consumers shopped stores and websites over Black Friday weekend and spent a record $52.4 billion, according a National Retail Federation survey. The survey, conducted for the NRF by BIGresearch, did not break out the furniture category, but reported that 21.3% of consumers purchased home décor and home-related furnishings over the . . . → Read More: Record Shopping for Black Friday KIRKWOOD, MO. — Phillips Furniture is offering discounts and other rewards to help The Women’s Safe House, a domestic violence shelter in nearby St. Louis. The store said it will offer discounts on entire purchases made by customers who bring money, diapers, strollers or undergarments into its stores through Monday. Representatives from The Women’s . . . → Read More: Phillips Furniture assists women’s shelter in St. Louis Borders sold books and other educational and entertainment items at more than 900 stores prior to its Feb. 16 Chapter 11 bankruptcy filing. Gordon Bros. and Hilco Merchant Resources were the opening bidders for a planned liquidation auction and will now buy the assets and liquidate the business, according to a Bloomberg news report. . . . → Read More: Borders Liquidation – 259 Store Locations Going Ghost-town A furniture store owner has been jailed on six counts of taking money for furniture he never delivered, The News Courier in Athens, Alabama reported today. Scott Connell of Limestone Furniture Mart was charged after the local sheriff’s department received 53 complaints of him taking $60,000 in payments for furniture he didn’t order. One . . . → Read More: Store Owner Charged with Theft! |
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