Retailers Report Strong Sales
New York, NY, April 12, 2007--Consumers inspired by warmer weather and an early Easter returned to stores and malls in March, giving many retailers better-than-expected sales.
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.
Jobless Claims Jump 19,000
Washington, DC, April 12, 2007--The number of workers filing new claims for jobless benefits unexpectedly jumped 19,000 last week, according to the Labor Department.
Pier 1 4Q Earnings Off
Fort Worth, TX, April 12, 2007--Pier 1 Imports said its fiscal fourth-quarter loss widened on lower revenue and various charges.
World Market Center Adds to Team
Las Vegas, NV, April 12, 2007--World Market Center has put three new team members in place as it readies for its Summer 2007 Las Vegas Market, which will be the largest in its history.
Report: Freudenberg Wants Buyer for Floor Unit
Frankfurt, Germany, April 12, 2007--According to Frankfurter Allgemeine, a spokesman from Freudenberg has confirmed that the German conglomerate is looking for a buyer for its floor coverings division.
Beaulieu of Australia Hires Axed Carpet Workers
Manawatu, New Zealand, April 12, 2007--Skilled but unwanted Manawatu carpet workers are being scooped up by Beaulieu of Australia - and more local workers may face the axe in coming days.
SelecTech Flooring Named StarNet Preferred Vendor
Avon, MA, April 12, 2007--SelecTech Flooring has been named a preferred vendor for the StarNet Commercial Flooring Cooperative of independent floorcovering contractors.
U.K.'s Carpetright Sales Drop
London, England, April 12, 2007--Britain's biggest carpet retailer Carpetright Plc said trading in the last ten weeks had been more difficult than expected, sending its shares down by 6.2 percent on Thursday.
NAR: Home Values to Drop for 1st Time This Year
Washington, DC, April 12, 2007--The National Association of Realtors said its index of home values is set to drop in 2007 for the first time in nearly 40 years of records.
RFMS and Pro%Cent Merge, Offer Commercial Package
Tuscaloosa, AL, April 11, 2007--RFMS said today that it has added a complete software solution for the commercial flooring business segment with the recent merger of Pro%Cent.