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.
Today's Flooring News
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Personal Income & Spending Up in March
Washington, DC, April 29—-Personal spending and income both rose to higher-than-expected levels in March.
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.
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.
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.
Homebuilder Beazer Earnings Off in 2Q
Atlanta, GA, April 28--Beazer Homes USA said Thursday that it swung to a loss in the fiscal second quarter after writing down the value of some underperforming operations.
CarpetsPlus Color Tile Unveils Private Labeled Har
Chattanooga, TN, April 28--CarpetsPlus Color Tile recently unveiled its new hardwood program to attending members at its annual winter convention held in Phoenix, AZ.