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.

AIA: Non-Residential Billings Steady

AIA: Non-Residential Billings Steady

New York, May 23, 2007--The non-residential construction industry is in the midst of a sustained, moderate expansion despite rising commodity and labor costs, an architects group said on Wednesday.

Commercial Real Estate Index Up Again in 1Q

Commercial Real Estate Index Up Again in 1Q

Washington, DC, May 21, 2007--The Commercial Leading Indicator for Brokerage Activity,a forward-looking index for the commercial real estate market, rose slightly in the first quarter.

Weekly Chain Store Sales Off

Weekly Chain Store Sales Off

Washington, DC, May 22, 2007--Chain store sales were off 1.5% in the week ended May 19 verses the prior week, according to the International Council of Shopping Centers and UBS Securities.

Saks 1Q Earnings Off

Saks 1Q Earnings Off

New York, NY, May 22, 2007--Saks reported first quarter earnings that were off 86 percent, included sizable gain on the sale of its Saks Department Store Group businesses.

UK’s Topps Tiles 1H Earnings Up

UK’s Topps Tiles 1H Earnings Up

London, England, May 22, 2007--Flooring retailer Topps Tiles posted a 4.4% hike in like-for-like sales while half year pre-tax profit fell slightly.