Retailers Wonder When Shoppers Will Return
New York, NY, Jan. 20, 2009--Retailers are concerned that consumers who quit buying late last year may not return to stores for a long time.
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.
H.B. Fuller Swings to Fourth Quarter Loss
St. Paul, MN, Jan. 20, 2009--Chemical and adhesives maker H.B. Fuller said on Monday said it posted a fourth-quarter loss from continuing operations as a widening global recession and the slump in the U.S. housing hurt demand for its products.
Lane Sales Names Territory Manager
Long Island, NY, Jan. 20, 2009--Lane Sales has named Bob Friedman territory manager for central and northern New Jersey.
Oil Prices Fall Below $34 on Crude Glut
New York, NY, Jan. 20, 2009--Oil prices fell below $34 a barrel Tuesday in Asia due to a lack of space at a key U.S. storage facility.
Domotex Hannover Attendance Down
Hannover, Germany, Jan. 20, 2009--Attendance at Domotex Hannover at approximately 38,000 was down--as expected--compared with last year‘s event.
Mohawk's Columbia Flooring Cuts Staff
Melbourne, AR, Jan. 20, 2009--Columbia Flooring officials notified employees at the Melbourne hardwood manufacturing facility that it will lay off 45 employees.
Cikel Names Northeast Regional Manager
Miami, FL, Jan. 19, 2009—Cikel America has appointed Mark Kolbe regional manager.
ICSC Economist Sees Retail Rebound in Second Half
New York, NY, Jan. 19, 2009--International Council of Shopping Centers' chief economist is predicting that U.S. retail sales should rebound in the second half of the year.
CEO Confidence Low for First Half of 2009
New York, NY, Jan. 19, 2009--Severe economic problems have slashed the confidence of chief executives, and their confidence reached an all-time low in the fourth quarter.
Shaw Seeks Federal Benefits for Displaced Workers
Anderson, SC, Jan. 19, 2009--Shaw Industries in Anderson has petitioned the U.S. Department of Labor for the additional benefits granted under job losses due to overseas competition, according to a story in the Independent Mail.