Retail Sales Rise Week Before Christmas
New York, NY, Dec. 28, 2011 -- Retail sales rose 4.5% last week from a year earlier, according to the International Council of Shopping Centers.
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.
Middle East Tension Keeps Oil Over $100
New York, NY, Dec. 28, 2011 -- Oil prices were above $101 a barrel on investor concern that rising Middle East tensions could disrupt crude supplies.
Sears Closing Up to 120 Sears, K-Mart Stores
Chicago, IL, Dec. 28, 2011 -- Sears Holdings said it will close up to 120 Kmart and Sears stores, or about 7% of its total, in an effort to increase cash flow.
New Home Sales Edge Higher in November
Washington, DC, Dec. 27, 2011 -- New-home sales rose 1.6% last month to a seasonally adjusted annual rate of 315,000, according to the Commerce Department.
Consumer Confidence Near Post-Recession High
New York, NY, Dec. 27, 2011 -- Consumer confidence in the economy in December surged to the highest level since April and is near a post-recession peak, according to the Conference Board.
Shaw Plant Gets LEED Gold Certification
Dalton, GA, Dec. 27, 2011 -- Shaw Industries said it has received Leadership in Energy and Environmental Design (LEED) Gold Certification for Plant 95, an administrative facility in Dalton.
Coverings To Honor Top Sustainable Projects
Alexandria, VA, Dec. 27, 2011 -- The Coverings tile trade show is once again seeking superior stone and tile projects that place a premium on innovative, sustainable design.
Home Prices Fall Again in October
New York, NY, Dec. 27, 2011 -- U.S. home prices declined for a second month in October, according to the S&P/Case-Shiller 20-city composite index.
Economic Indicators Up More Than Expected
New York, NY, Dec. 22, 2011 -- The index of U.S. leading economic indicators rose more than forecast in November, a sign that the U.S. economy will keep growing in early 2012.
Consumer Sentiment Rises Fourth Straight Month
Ann Arbor, MI, Dec. 22, 2011 -- The University of Michigan/Thomson Reuters Consumer Sentiment Index reached 69.9 in the final reading for December compared with 64.1 in November.