Williams-Sonoma 2Q Earnings Up 12%
San Francisco, August 23—-Retailer Williams-Sonoma reported second-quarter net earnings that rose 12% to $30.8 million, or $0.26 a share, from $27.6 million, or $0.23, a year ago.
Today's Flooring News
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Homanit Likely to Abandon Polish Expansion
Herzberg, Germany, August 23--German wood fibre board manufacturer Homanit is likely to abandon its plans to invest EUR80m in the Polish city of Karlino because it is having trouble obtaining raw materials.
Pier 1 Warns of Larger 2Q Loss
Fort Worth, TX, August 23--Pier 1 Imports has cut is second quarter outlook and said it expects a larger than expected loss during the quarter.
Chain Store Sales Fall For Third Straight Week
New York, NY, August 23--Chain store retail sales fell for the third consecutive week, as retailers felt the effects of consumers cutting back on spending due to record high gasoline prices, a retail report said on Tuesday.
Forbo Reports First Half 2005 Results
Eglisau, Switzerland, August 23--In the first half-year 2005, Forbo achieved net sales of CHF 829.4 million, (US$652.9 million) compared to the previous year's CHF 827.0 million (US$651.3 million).
Albuquerque to Host NAHB’s 2006 National Green Bui
Washington, DC, August 22--Home builders eager to expand into one of the fastest-growing segments of the new-homes market will gather in Albuquerque, N.M., to network and learn at the 2006 National Green Building Conference, March 12-14.
Armstrong.com Welcomes Spanish-Speaking Shoppers
Lancaster, PA, August 23--Making a commitment to better serve Hispanic consumers and build traffic for its retailers, Armstrong has launched its web site – Armstrong.com – in Spanish.
Shop.org to Explore 'The Gender Agenda' at
Washington D.C., August 23--Online retailers will explore whether gender matters online at the Shop.org 2005 Annual Summit, September 12-14 at The Venetian Las Vegas.
Bissell to Intro Handsfree Carpet Cleaner
Grand Rapids, MI, August 23—-Bissell Homecare, Inc. today announced it will introduce the world’s first "handsfree" compact deep cleaner this September.
Remodeling Market Remains Strong in 2Q
Washington, DC, August 23--Remodeling activity continued to grow in the second quarter of 2005, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI).