Dubai Woodshow 2007 Seen as a Success
Dubai, United Arab Emirates, March 28, 2007--Strategic Marketing & Exhibitions, organizers of the Dubai Woodshow 2007 have deemed the event a success. The three-day show totaled USD 50 million in deals closed.
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.
Shaw Contract Donates to Alzheimer's Association
Dalton, GA, March 27, 2007--Shaw Contract Group will donate 1% of sales on its Colour of Life Collection to the Alzheimer’s Association.
Faus Licenses Embossed-In-Register to ChinaFloor
Calhoun, GA, March 27, 2007--Faus Group, said today that it had granted to ChinaFloors Timbers Co. Ltd. a patent license on the Embossed-In-Register and JointGuard/ bevel edge technologies.
Consumer Confidence Dips in March
New York, NY, March 27, 2007--Consumer confidence dropped in March for the first time in five months, the Conference Board reported Tuesday.
Home Price Index Falls in January
New York, NY, March 27, 2007--According to the Standard & Poor's/Case-Shiller Home Price Index of ten metropolitan areas, the prices of existing single-family houses extended their slide in most regions in January.
Weekly Chain Store Sales Up 4.6% Vs. Year Ago
New York, NY, March 27, 2007--Chain store sales rose 4.6% for the week ended March 24, verses the year-ago period.
Lennar 1Q Earning Drop
Miami, FL, March 27, 2007--Lennar, said on Tuesday quarterly profit tumbled a greater than expected 70 percent, reflecting the downward spiral of the housing market.
Green Homeowners Survey Released
New York, March 27, 2007--McGraw-Hill Construction, part of The McGraw-Hill Companies will present the findings of its latest market research investigating "green" homes.
Natural Area Rugs Implements Price Reductions
Los Angeles, CA, March 27, 2007--Natural Area Rugs.com has recently implemented a price reduction on all their Traditional Oriental and Persian Wool Rugs. Effective February of 2007.
Ethan Allen Cuts 3Q Guidance
High Point, NC, March 27, 2007--Furniture maker and retailer Ethan Allen Interiors forecast quarterly earnings below analysts' expectations on Monday, citing a challenging economic environment for home furnishings retail.