UK’s Carpetright Earnings Off
Rainham, England, December 14, 2005--Floor coverings retailer Carpetright said profits in the first half of the year fell 18.9 percent as it struggled to cope with weak market conditions.
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.
Rising Energy Prices Will Alter Holiday Shopping
New York, NY, December 14, 2005--More than one out of every three online households said rising energy prices would alter their holiday shopping this season, The Conference Board and TNS report today.
Survey: Continued Hiring Confidence Expected in th
Milwaukee, WI, December 13, 2005--Employers plan to carry over their positive hiring sentiments into 2006, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey.
Universal Fiber to Expand
Bristol, VA, December 13, 2005--Virginia Governor Mark R. Warner announced that Universal Fiber Systems, a leading producer of fibers and yarns for carpet, upholstery, automotive, industrial and other textile applications, will invest $8 million to expand
Stavropoulos to Retire as Dow Chairman, Liveris Na
Midland, MI, December 13, 2005--The Dow Chemical Co., announced that William S. Stavropoulos will retire as chairman of the board, effective April 1, 2006. Dow's Board of Directors has elected Andrew N. Liveris, president and chief executive officer (
Management to Buy Out Tasmanian Carpetmaker Tascot
Burnie, Tasmania, Australia, December 13, 2005--A management buyout of Tascot Templeton Carpets, East Devonport, means 175 workers will keep their jobs this Christmas.
UK’s Carpetright 1H Earnings Off 19%
London, England, December 13, 2005--Carpet retailer Carpetright rolled out an 18.9% decline in first-half profit as it struggles against challenging market conditions,
Armstrong Expands Multi-Use Commercial Resilient P
Lancaster, PA, December 13, 2005--Armstrong Commercial Floor Products announced design extensions for both its Timberline and Standard Excelon (Imperial Texture and MultiColor) commercial resilient flooring lines.
Retail Sales Up 0.3% in November
Washington, DC, December 13, 2005--Retail sales came in weaker than expected in November as gains at department stores and specialty clothing stores slowed significantly, a worrisome development at the start of the holiday shopping season.
Chain Store Sales Up 0.9% Last week
New York, NY, December 13, 2005--Chain store retail sales rose in the latest week, as consumers stepped up their shopping with just under two weeks left before the holidays arrive, a retail report said on Tuesday.