Table of June Retail Sales
New York, NY, July 9—Yesterday a host of the nation’s largest retailers reported their sales results for June. Listed below are June sales and sales for the fiscal year to date reported those leading retailers.
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.
Wholesale Inventories Rise
Washington, DC, July 9--Wholesale inventories ballooned in May as stockpiles of durable goods racked up the biggest gain in over four years.
EPA Says DuPont Violated Reporting Rules
Washington, DC, July 8--The U.S. Environmental Protection Agency accused DuPont & Co. (DD) of violating federal reporting requirements related to the potential health risks of a chemical used in the manufacture of Teflon.
FieldTurf Looking Toward IPO
New York, July 8—According to CNN/Money, NFL greats Troy Aikman and Warren Moon never played on it, but they each have a piece of it, and you may be able to buy in soon too.
UBS Reiterates Mohawk’s Buy Rating
New York, NY, July 9-- In a research note published yesterday, analysts at UBS reiterate their "buy" rating on Mohawk. The target price has been raised from $98 to $100.
Minuteman and Hako-Werke to Merge
Addison, IL, July 9-- Minuteman International, Inc. the floor-care equipment and chemical manufacturer, announced today that it has entered into a definitive merger agreement with Hako-Werke International.
Consumer Borrowing Rises
Washington, DC, July 9-- Americans stepped up their borrowing in May as an improving jobs market and growing economy gave consumers more confidence to take on debt.
UK’s Floors 2 Go Sales Up 224%
Birmington, England, July 9--Sales at the UK's largest retailer of hardwood and laminate flooring products Floors 2 Go, were up 224 per cent in the first six months of this year.
NAR: Higher Interest Rates Won't Hurt Housing
Washington, DC, July 8--Interest rates are rising due to healthy economic growth and they won't dampen the general strength of the nation's housing market, according to the National Association of Realtors.
Armstrong Intros New Linoleum Line
Lancaster, PA, July 8--Armstrong Floor Products announces the new “Living Colors of Linoleum” Collection, a focused North American portfolio.