Home Textiles Today - October 20, 2008

As it ramps up for the going-out-of-business sales across all 371 of its remaining stores, Linens 'n Things' projected financial standing looks deceptively better than it has in recent memory. For the moment at least, the company is flush with cash following a $200 million pre-payment by the six-company consortium that will liquidate the business.

• Business Today
• Consumers to Cut Back on Holiday Spending
• Chief Execs Remain Downcast
• Asian, Tribal & Textile Shows Provide Inspiration
• Macy's Lowers Forecast, Moody's Cuts Rating
• NRF Presses Congress for New Round of Stimulus Checks
• Commerce Department: Sales Show Serious Slump
• October Comps Continue September Slowdown
• Shaw to Shutter Yarn Plant
• Bon-Ton Stores 'Financially Strong'

• News
• Textillery Weavers Revamps Website
• JLA Home Fabrics Launches Fashion Bedding
• Feiler Brings Color Command to Stellar Alliance
• LNT: 33 Years Later, Saying Goodbye to An Old Friend
• Unifi to Debut Repreve Nylon at Intertextile Shanghai
• Waverly Bows Tidewater for Williamsburg Fabrics
• Home Decorators Collection Names Surya 'Partner of Year'
• Mattress Toppers Gain Ground
• Suppliers See More Risk, Less Reward
• Carpet One Names Shaw Area Rug 'Chosen One'
• Ed Hardy Line Gets Moving
• Nourison Extends Kitchen Rugs
• High Point: Active Aspirations
• Nautica Home in Broad Bedding Ensemble Debut
• Indo Count Debuts Durable Shine
• Retail Briefs
• Iconix Focused on Direct-to-Retail Licensing
• O Ecotextiles Exec to Address Green Upholstery
• IFDA Forming Japan Chapter
• China Terry Quota Subject of Monitor Push
• Capel Unveils Chobi Collection

• Opinion Today
• Value is Still the Key
• Smart People Don't Panic

• People Today
• MSLO Board Expands
• Unifi Names Wickes, Ning to Direct China Unit
• Family Dollar Elevates Flur, Pugh, Morse
• Sears Holdings Names Financial Chief
• Vegas Market Eyes Fabrics, Retains John Lenox
• American Textile Co. Expands, Promotes