Hooker Furniture Cuts 2Q Outlook
Martinsville, VA, May 13--Hooker Furniture has revised its sales outlook for the company's 2005 second quarter.
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.
Inventories Up 0.4% in March
Washington, DC, May 13—-Business inventories rose 0.4% in March, below expectations and slower than the 0.7% increase in sales.
Foamex Posts $10.9M Loss in 1Q
Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.
Fundamentals Postive in the Commercial Real Estate
Washington, DC, May 13--The four major sectors of the commercial real estate market – office, retail, industrial and multifamily –can expect improvement over the next two years.
Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
TCNA Members Collaborate to Create Award
Clemson, SC, May 16--Four Tile Council of North America (TCNA) members and an Ohio master craftsman contributed time and materials to create a one-of-a-kind commemorative Tile Person of the Year award.
Asbestos Bill Gaining Momentum
Washington, DC, May 13--The outlook for a Senate bill that would remove asbestos litigation from the courts improved Thursday after two days of committee action clinched a crucial Democratic vote.
Consumer Sentiment Off in May
Ann Arbor, MI, May 13--Consumer sentiment as measured by the University of Michigan's preliminary index dropped unexpectedly to 85.3 in May from 87.7 in April.
TCNA Handbook Offers 5 New Ceramic Installation Me
Clemson, SC, May 13--Introduced at Coverings 2005, the Tile Council of North America’s (TCNA) 2005 Handbook for Ceramic Tile Installation includes more than 300 updates.
OSHA Drops Proposal Harmful to Small Contractors
Washington, D.C., May 13--The Associated General Contractors of America announced that OSHA withdrew a proposal harmful to small contractors.