Chain Store Sales Increase Last Week
New York, NY, Jan. 26, 2011 -- U.S. chain-store sales rose 2.8% last week compared to last year, according to the International Council of Shopping Centers and Goldman Sachs.
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.
Altera Polymers Investing $4M in SC Plant
Seneca, SC, Jan. 26, 2011 -- Ohio-based Altera Polymers is investing about $4 million to refurbish an old Propex plant to be used for formulation technologies in polyolefin, engineered resins and master batch technologies.
New Home Sales in December Beat Estimates
Washington, DC, Jan. 26, 2011 -- Sales of new houses in the U.S. rose more than forecast in December, according to the Commerce Department.
Mortgage Application Volume at Two Year Low
Washington, DC, Jan. 26, 2011 -- Mortgage applications in the U.S. fell last week to the lowest level since November 2008, according to the Mortgage Bankers Association.
DuPont Reports Lower Income, Higher Sales
Wilmington, DE, Jan. 25, 2011 -- DuPont's fourth-quarter earnings declined as increased sales were offset by higher costs.
House Prices Continued To Fall in November
New York, NY, Jan. 25, 2011 -- The prices of single-family homes fell 1.0% in November compared to October, according to the S&P/Case-Shiller home price index released Tuesday.
Consumer Confidence Surges in January
New York, NY, Jan. 25, 2011 -- U.S. consumer confidence jumped to 60.6 in January, the highest level since May, the Conference Board reported Tuesday.
Quick-Step Unveils New Flooring Category
Las Vegas, NV, Jan. 25, 2011 –- Quick-Step said it has used its latest proprietary technology to create a “totally new modern flooring category” that's a combination of wood and laminate flooring.
Frank E. 'Mike' Masland Dies in Pennsylvania
Carlisle, PA, Jan. 25, 2011 -- Frank E. "Mike" Masland III, former CEO of C. H. Masland & Sons, died Saturday, Jan. 22 in Carlisle, Pa.
Karndean Opens Las Vegas Showroom
Las Vegas, NV, Jan. 25, 2011 -- Karndean International has opened a new, full-service showroom and warehouse in Las Vegas.