Home Textiles Today - August 18, 2008

The economy may be tough and consumers under pressure, but JCPenney believes it is positioned to gain share throughout the downturn. Speaking to analysts last week during the company's quarterly conference call, JCPenney execs pointed to the company's financial positioning, structural flexibility and branded merchandise initiatives to weather the storm.

• News
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• Vivatex to Debut at Market
• TJX raises Guidance, Readies HomeGoods Test
• Overstock Promotes Johnson to President
• Iconix vp Exiting Company
• Soft Home Bleak at Kohl's
• Soft-Tex Moves to New Manufacturing Facility
• Russell-Newman Acquires Karen Neuburger
• Babies "R" Us to Carry Amy Coe Bedding And Infant Gear
• Aid to Artisans Set to Display
• Anna Giannis Opens NYC Showroom
• Consumers Begin to Eye Back-to-School
• TJX Raises Outlook
• New Restricted Substances List Published
• Retail Briefs
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• Wal-Mart Reaps Another Record Quarter
• Annie Selke Home to Launch
• Foreign Accents Bows Handmade Rug Collection
• IFDA Opens SoCal Chapter
• Port Traffic Expected To Soften
• IFDA Hosts Color Forecast
• Wilansky to Exit RVI
• Crown Crafts Sales Surge in First Quarter
• 7W Adds Exhibitors
• Jesson To Steer Beaulieau Canada Back into Area Rug Biz
• LNT Retrenches Further
• Frette Preps Holiday Items
• Design Weave to Intro Outlast Sheets at Market
• Designer Tayo Leaves JLA Home
• TJX Promotes Execs
• BabyGap Ventures into Home Arena
• Veken Fights for IP Rights
• AmericasMart to Meld Shows
• Sam's Club Awards Springs
• Springs Global Turns 2Q Profit
• My Macy's to Help Home Locally
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• Opinion Today
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• Going for the Gold