Report Says Home Depot to Open Smaller Format Stor
Lakewood, Colorado, April 29—-According to the Denver Post, Home Depot plans to open a smaller version of its home-improvement store with a 1950s look in Lakewood.
Today's Flooring News
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Employment Costs Rising at Slower Rate
Washington, DC, April 29--The employment-cost index rose 0.7% after a 0.8% increase in the fourth quarter of 2004, according to the Labor Department.
Women Want Texture While Men Focus on Function
Plainview, NY, April 29--Michael Payne, design guru and host of HGTVs Designing for the Sexes, recently presented a marketing talk to 120 designers, architects and builders.
Auction Process Hurts Forbo’s Sales
Eglisau, Switzerland, April 29--In the first quarter of 2005 Forbo said its business suffered considerably from the effects of the auctioning process.
Centex 4Q Profit Up 23%
Dallas, TX, April 28--Centex Corp. said fourth-quarter profit surged 23 percent, driven by a greater number of home closings and higher average selling prices.
Louisiana-Pacific Beats 1Q Estimates
Portland, OR, April 28--Louisiana-Pacific said strong housing starts and higher prices for its wood paneling propelled first-quarter earnings above analysts' expectations.
Armstrong Launches Redesigned Website
Lancaster, PA, April 28--Armstrong today announced the redesign of its award-winning web site, Armstrong.com to help consumers walk through the steps necessary to find the right floor for their needs.
Help-Wanted Index Drops 2 Points
New York, NY, April 28--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America’s job market – slid two points in March.
Georgia-Pacific 1Q Earnings Up
Atlanta, GA, April 28--Georgia-Pacific reported a higher first-quarter profit as price increases helped offset higher raw material costs across its businesses.
Office Furniture Shipments Off in 1Q
New York, NY, April 28--Shipments, backlogs and incoming orders for office furniture are slowing this quarter.