Weekly Chain Store Sales Up Modestly
New York, August 3-- U.S. chain store sales rose modestly last week, helped by cool weather, back-to-school shopping and state sales tax holidays in Florida and Georgia, a report said on Tuesday.
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.
Daughter Of Dalton Carpet Retailer Killed By Snipe
Dalton, GA, August 2--The 26-year-old daughter of Dalton carpet retailer Buddy Parker was killed by a sniper early Monday morning as she slept in her father's house.
Collins & Aikman Reports 2Q Loss
Troy, MI, August 2—Auto interior supplier Collins & Aikman Corp. reported a second-quarter loss Monday, but company officials said many of those problems won't occur in coming quarters.
Consumers Crave New Kitchen and Bath Luxury
North Olmsted, OH, August 3--It's paying $2,000 for a granite kitchen countertop instead of $600 for a laminate version, or spending $3,500 for a custom-designed refrigerator rather than $300 for a basic model. What are we talking about?
Oil Prices Hit New Highs
New York, August 3-- Oil prices soared to a new record high above $44 a barrel on Tuesday after OPEC said it couldn't immediately boost production.
Consumer Spending Off 0.7% in June
Washington, August 3-- Personal income grew modestly in June, while consumer spending took its biggest drop since September 2001.
ASCR Provides Insurance for Remediation and Drying
Millersville, MD, August 3--The Association of Specialists in Cleaning and Restoration (ASCR) is addressing one of the most pressing issues for mold remediation and drying contractors – obtaining insurance coverage at reasonable rates.
Liveris To Become Dow Chemicals CEO
Midland, MI, August 2--Dow Chemical Co. has named Andrew N. Liveris, CEO. He had been president and COO.
Hooker Furniture Withdraws From Chinese Anti-Dumpi
Washington, August 2-- Representatives of the Furniture Retailers of America (FRA) hailed this week's formal withdrawal of Hooker Furniture Corporation from the anti-dumping petition filed by a group of U.S. furniture manufacturers targeting Chinese w
Construction Spending Off 0.3% in June
Washington, August 2--The Commerce Department said total construction spending in June fell 0.3%, the first decline since January, to a seasonally adjusted annual rate of $985.16 billion.