Claremont Rug Adds Staff
Oakland, CA, June 10, 2009—Claremont Rug Company has added eight new members to its buying, restoration and services departments due to the increased demand for the best 19th century art-level antique rugs.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Rise in Retail Sales Largest in Four Month
Washington, DC, June 11, 2009--Retail sales rose by the largest amount in four months in May, according to the Commerce Department.
Oil Prices Break $71 to 2009 High
New York, NY, June 10, 2009--The price of oil rose above $71 a barrel Wednesday to reach a 2009 high, as investors poured money into crude markets to protect themselves against the inflation risks posed by a weakening U.S. dollar.
Refinancing Drops as Mortgage Rates Spike Higher
Washington, DC, June 10, 2009--Mortgage application volume last week fell a seasonally adjusted 16.2% compared with the previous week, the Mortgage Bankers Association said Wednesday, as mortgage rates rose sharply.
Shaw's EcoWorx Marks 10th Anniversary
Dalton, GA, June 9, 2009--Shaw Industries is celebrating the 10th anniversary of EcoWorx, the company’s first fully recyclable commercial carpet backing system.
Home Depot Revises Earnings Higher
Atlanta, GA, June 10, 2009--Home Depot Inc. said Wednesday that earnings this fiscal year would probably be higher than it had previously expected.
New York '08 Construction Spending Rose
New York, NY, June 10, 2009--Unlike many areas of the country, construction spending in the New York area rose 4% to $31.8 billion in 2008, a performance that experts don’t expect to see duplicated this year.
Woolrich Convenes Brand Partners for Summit
Woolrich, PA, June 10, 2009--Woolrich held its annual Brand Partners’ Summit June 3-4.
Consumer Spending Rises from Previous Week
New York, NY, June 9, 2009--Consumer spending at retail stores in the U.S. continued to drop last week compared to last year.
Conference Board Employment Index Edges Up
New York, NY, June 9, 2009--The Conference Board Employment Trends Index saw a small uptick in May. The