NRF Issues Pessimistic Holiday Shopping Forecast
Washington, DC, Oct. 6, 2009--The National Retail Federation, usually bullish about holiday sales, predicts a 1 percent decline in total sales to $437.6 billion for November and December combined.
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.
Apartment Vacancies Hit 23-Year High
New York, NY, Oct. 6, 2009--Apartment vacancies hit their highest point since 1986, according to Reis Inc., a New York real-estate research firm that tracks vacancies and rents in the top 79 U.S. markets.
Tennant Technology Reduces Footprint, Group Says
Minneapolis, MN, Oct. 6, 2009—Tennant Company said that its ec-H2O technology has been shown to significantly reduce environmental footprints across seven key categories when compared to traditional cleaning with chemicals.
Aquafil To Unveil New Color Program at Celebration
Cartersville, GA, Oct. 5, 2009--Aquafil USA said it is launching the largest ever solution dyed nylon program, featuring 330 colors all available in the 1260 Denier Chromacasa yarn system.
Commercial Real Estate Under Pressure
New York, NY, Oct. 6, 2009--New York Federal Reserve Bank President William Dudley said the commercial real estate sector is under particular pressure because the fundamentals of the sector have deteriorated sharply.
NWFA Class Schedule for 2010 Released
St. Louis, MO, Oct. 6, 2009--The National Wood Flooring Association has released its 2010 schedule for educational classes.
Greenberg Charity Golf Tourney Raises $120K
Manchester, NH, Oct. 5, 2009--CCA Global Partners seventh annual Alan Greenberg Charity Golf Tournament benefiting the Floor Covering Industry Foundation raised $120,000.
Services Sector Beginning To Expand
Washington, DC, Oct. 5, 2009--Institute for Supply Management said its index of the services industry rose to 50.9 in September, the highest since May 2008.
Nora Systems Names CEO for North America
Lawrence, MA, Oct. 5, 2009--Nora systems Inc. has named Andreas Mueller president and CEO, North America, effective Oct. 1.
Boomers Opting for Less Opulence in New Homes
Washington, DC, Oct. 5, 2009--Homebuyers age 55 and over are seeking homes approximately the same size as their present home and, unlike six years ago, they're less inclined to spend for more glamorous furnishings.