Virginia Retailer Fatally Shot
Goochland County, VA, July 19--Jason Carr, the manager of Stone Mountain Carpet Mill Outlet in Goochland County, got to the store before installers arrived.
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.
S&P Cuts Pier 1 Imports Rating
New York, July 19--Standard & Poor's on Monday cut its ratings on Pier 1 Imports to junk status, citing weak operating performance and uncertainty about the success of new marketing efforts.
NWFA Announces 2006 Wood Floor of the Year Call fo
St. Louis, MO, July 18--The National Wood Flooring Association is accepting entries for its 2006 Wood Floor of the Year Contest.
3M 2Q Earnings Up
St. Paul, MN, July 18--3M Co. posted a higher quarterly profit and raised the bottom of its full-year profit forecast as it expects sales to continue to accelerate.
South Carolina Attorney General Investigating Floo
Columbia, SC, July 18--An exclusive contract with a company that provided carpeting and other flooring for state buildings is under investigation by the attorney general's office, according to The State.
Increasing Prices Hurting Persian Carpet industry
London, England, July 18--The greatest challenge to the Persian carpet industry is the high prices of hand-woven rugs, which have reduced the national industry’s competition power at the international level.
Consumer Sentiment Up in July
Ann Arbor, MI, July 15--The University of Michigan's preliminary consumer sentiment index for July rose to 96.5 from 96 in June.
Q.E.P. 1Q Earnings Off
Boca Raton, FL, July 15--Q.E.P. in its first quarter ended May 31, 2005 reported net income of $770,000, or $0.21 per diluted share, compared with $1.2 million, or $0.32 per diluted share for the same period last year.
DriTac Adhesive Intros Concrete Moisture System
Brooklyn, NY, July 15--DriTac Adhesive Group has introduced the DriTac MCS 7000 Concrete Moisture Control System.
Business Inventories Up 0.1%
Washington, DC, July 15—-Business inventories rose 0.1% in May, to $1.3 billion, according to a Commerce Department report.