Pier 1 Reports Decline in March Sales, Sees 1Q Los
Fort Worth, TX, April 7, 2005--Pier 1 Imports reported today that sales for the five-week period ended April 2, 2005 aggregated $147,624,000, a decline of 12.4%.
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.
Bed Bath & Beyond’s 4Q Earnings Up
Union, NJ, April 7-- Bed Bath & Beyond Inc., the nation's largest superstore domestic retailer, said Wednesday that fourth-quarter earnings rose more than 25 percent.
Jobless Claims Show Biggest Decline in 2 Months
Washington, DC, April 7--The number of people applying for unemployment benefits dropped by 19,000 last week, the largest decline in two months, according to the Labor Department.
59% Will Spend Tax Refunds on Everyday Purchases
Islandia, NY, April 7—-According to the Cambridge Consumer Credit Index, nearly six out of ten Americans (59%) who have received or anticipate a tax refund this year plan to spend it on everyday purchases or make bill payments.
Major Retailers Report Strong March Numbers
New York, April 7--The Easter holiday drove shoppers to malls and shopping centers last month, helping many of the nation’s retailers to report strong March same-store sales.
Pending Home Sales Index Rises
Washington, DC, April 6--The Pending Home Sales Index, a new leading indicator for the housing market, shows home sales are firming, according to the National Association of Realtors.
Interface & TreeUtah Join to Tout Environmentally
Salt Lake City, UT, April 6--TreeUtah and Interface Flooring Systems, an Atlanta-based carpet manufacturer, have launched a campaign to encourage Utah's interior designers to use environmentally friendly products.
Unilin Flooring Recruitment and Construction on Tr
Thomasville, NC, April 5--Quick•Step laminate flooring manufacturer Unilin Flooring has hired over 74 workers since March 2004, surpassing its recruitment goals through June 2005, according to the company.
Greenspan: Markets May Cool Oil Frenzy
Washington, DC, April 6—-Fed Chairman Alan Greenspan said this week that market forces could lead to a big enough increase in crude oil inventories to cool the recent "frenzy" that has sent prices to record highs.
Univ. of South Carolina Developing Technology to P
Columbia, SC, April 6—-Scientists at the University of South Carolina say they are developing the technology to keep South Carolina’s plastics industry from going to Asia.