Today's Flooring News

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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.

Retailers Report Modest September Gains

New York, October 7-- Consumers spent frugally for a fourth straight month in September, giving major retailers modest gains during the critical back-to-school season.

Chain Stores Up 0.3% Last Week

New York, October 5--Sales rose by 0.3 percent in the week ended October 2, compared with a 0.3 percent decline in the previous week, the International Council of Shopping Centers and UBS said in a joint report.

Godfrey Hirst, Union Dispute to be Heard Today

Victoria, Australia, November 10, 2006--The dispute between carpet company Godfrey Hirst and a union over troubled company Feltex Carpets will go before the Australian Industrial Relations Commission (AIRC) today.

Louisiana Home Depot Gets Hurricane Makeover

Chalmette, LA, August 25, 2006--A year after Hurricane Katrina, retailer Home Depot Inc., is hoping to strengthen construction efforts in the Gulf by reopening a store in one of Louisiana's hardest-hit areas.

Analysts Expect Strong Shopping Season

Orlando, FL, November 16--Consumers are expected to spend with zeal this holiday -- topping last year's comeback season by an estimated 3 percent to 6 percent and sending the two-month holiday tally to a staggering $220 billion.

Kohl's 3Q Earnings Up 19%

Menomonee Falls WI, November 12--Kohl's reported earnings that increased 19 percent in the third quarter, to $143.8 million, or 42 cents a share. The results matched the analysts estimates.

Wholesale Inventories Up 0.5%, Sales Up 0.6%

Washington, DC, November 10-- The Commerce Department said Tuesday that wholesale inventories climbed 0.5% to a seasonally adjusted $319.30 billion in September after a revised 1% increase in August.