Fire Guts Carpet Warehouse In Orlando
Orlando, FL, June 15--A three-alarm fire gutted a tile and carpet warehouse in northwest Orange County, sending plumes of smoke that could be seen for miles around, according to the Orlando Sentinel.
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.
CPI Drops 0.1% in May
Washington, DC, June 15—-The consumer price index fell 0.1 percent in May after rising 0.5 percent in April, according to the Labor Department. The core index, which excludes food and energy, rose 0.1 percent in May.
Interforest OKs Tentative Labor Agreement
Darlington, PA, June 15--A spokeswoman from Interforest, Ltd., announced a tentative agreement Tuesday with union workers, who have been on strike since May 8.
Retail Sales Up 0.2% in May According to NRF
Washington, DC, June 15--While unseasonably cool weather affected sales of some spring merchandise, it didn't alter sales of home goods, which continued to bring consumers to stores last month.
Commercial Real Estate Market on Uptrack with Lowe
Washington, DC, June 15--The commercial real estate market is improving as vacancy rates decline and rents firm up in all four commercial market sectors, according to the National Association of Realtors Commercial Real Estate Spotlight.
Chain Stores Sales Up Last Week
New York, NY, June 24--Chain store retail sales rose 0.6 percent in the week ended June 11, compared with a 0.4 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Producer Prices Off 0.6%
Washington, DC, June 14--The producer price index fell a sharp 0.6% in May, with about three-quarters of the drop due to the sharpest decline in energy prices in two years, according to the Labor Department.
Pier 1 Posts Loss, Warns on 2Q
Fort Worth, TX, June 14--Pier 1 Imports reported a quarterly loss in line with dampened expectations, but forecast lower-than-expected results for the current period, saying weak customer traffic is hurting margins and sales.
Mills Intro 125 New Antron Styles at NeoCon
Chicago, IL, June 14--Carpet mills are introducing 125 new styles featuring Antron carpet fiber during NeoCon this year.
U.S.-Led Global Economy Is Slowing
New York, NY, June 14--The U.S. and global economies are slowing, but there is no cause for alarm yet, according to an analysis released today by The Conference Board.