Retail Sales Rise for Fifth Straight Month
Washington, DC, Dec. 14, 2010 -- Retail sales rose 0.8% in November for the fifth straight month, the Commerce Department reported.
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.
Analyst Adjusts Estimates for Armstrong
New York, NY, Dec. 14, 2010 -- Analyst Stifel Nicolaus has raised its 2011 EBITDA estimates for Armstrong World Industries.
Carpetright Pessimistic About 2011
London, England, Dec. 14 -- Carpetright said the outlook for next year looked bleak as sluggish mortgage approvals meant housing market activity was unlikely to pick up any time soon.
Chain Store Sales Surged Last Week
New York, NY, Dec. 14, 2010 -- U.S. chain-store sales last week rose 3.1%, according to the International Council of Shopping Centers and Goldman Sachs.
Orchid Ceramics Opens Second Distribution Center
Tulsa, OK, Dec. 14, 2010 -- Orchid Ceramics has opened a new 85,000-square-foot distribution center in Pasadena, Texas.
Small Business Optimism at Three-Year High
Washington, DC, Dec. 14, 2010 -- Confidence among U.S. small businesses rose in November to the highest level in three years, according to a survey by the National Federation of Independent Business.
Armstrong Begins Receivables Securitization
Lancaster, PA, Dec. 14, 2010--Armstrong World Industries said it has established a $100 million receivables securitization program.
Ceramic Tiles of Italy Seeks Contest Entries
Bologna, Italy, Dec. 14, 2010 -- Ceramic Tiles of Italy is seeking entries for its 2011 Design Competition.
Groz-Beckert Develops New Artificial Turf Needle
Fort Mill, SC, Dec. 14, 2010 -- Groz-Beckert said it has developed a new tufting needle to improve the production of artificial turf.
J&J Industries Acquires Templeton Hospitality
Dalton, GA. Dec. 13, 2010 -- J&J Industries said it has acquired Templeton Hospitality Carpet, located in Dalton, and is rolling out a new hospitality brand called J&J/Templeton.