SBET: Small-Business Owners Optimism Inched Down
Washington, DC, April 12, 2007--The National Federation of Independent Business Small Business Economic Trends report released today showed that the Optimism Index lost 0.9 points in March.
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.
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.
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.