Dixie Group Swings To Second Quarter Profit
Chattanooga, TN, Aug. 4, 2011 -- The Dixie Group reported second quarter net income of $766,000 or $0.06 per share, compared to a net loss of $744,000 in the second quarter last year.
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.
Initial Jobless Claims Edge Lower
Washington, DC, Aug. 4, 2011 -- New applications for unemployment benefits edged down to 400,000, a decline of 1,000, according to the Labor Department.
Beaulieu Downsizing at Alabama Spun Yarn Plant
Eufaula, AL, Aug. 4, 2011 -- Beaulieu of America is downsizing at its spun yarn plant in Eufaula, as the industry continues to move from spun yarn to filament.
Retailers Report Strong July Sales
New York, NY, Aug. 4, 2011 -- Many U.S. retailers recorded strong sales in July as shoppers escaped the heat at shopping malls and took advantage of aggressive discounts.
Mortgage Rates Dip, Spurring Mortgage Applications
Washington, DC, Aug. 4, 2011 -- Mortgage applications rose about 7% last week from the week before, according to the Mortgage Bankers Association.
NSF International Names Sustainability Manager
Ann Arbor, MI, Aug. 4, 2011 -- NSF International has promoted Tom Bruursema to general manager of NSF Sustainability.
Oil Prices Continue Downward Trend
New York, NY, Aug. 4, 2011 -- Oil prices continued to fall on worries over economic growth.
Virga To Open 17 Big Bob's Stores in Northeast
Kansas City, MO, Aug. 3, 2011--Vinnie Virga, industry veteran, signed a 30 year franchise agreement to open a minimum of 17 new Big Bob's flooring retail stores in New England and upstate New York.
Private Employers Add 114,000 Jobs in July
Roseland, NJ, Aug. 3, 2011 -- Private employers added 114,000 jobs in July, according to the ADP Employment Report. Economists had forecast a gain of 100,000 jobs.
Pergo Says U.S. Court Affirms Patent Position
Baar, Switzerland, Aug. 3, 2011 -- Pergo said that the U.S. Court of Appeals for the Federal Circuit unanimously agreed with a lower court ruling that Pergo’s products do not infringe Välinge's patents.