Lennar's 1Q Earnings Up 39%
Miami, FL, March 22—-Homebuilder Lennar Corp. said Tuesday that first-quarter earnings grew 39 percent year-over-year, as pricing power in land-constrained markets drove strong margins.
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.
Producer Prices Up 0.4%
Washington, DC, March 22—-The producer price index rose 0.4 percent in February helped by a jump in energy prices, according to the Labor Department.
Chain Store Sales Up 0.2% Last Week
Washington, DC, March 22—-Chain store sales increased 0.2 percent last week, according to data released Tuesday by the International Council of Shopping Centers and UBS.
Coverall Cleaning Opens Master Regional Support Ce
Boca Raton, FL, March 22--Coverall Cleaning Concepts opened a new Coverall Master Regional Support Center in Iselin, New Jersey, owned and operated by John D. Landolfi.
Simple Solutions Receives Patent for Four-In-One M
Garner, NC, March 21--Simple Solutions, a new division of Pergo, Inc., recently received Patent No. 6,860,074 from the United States Patent and Trademark Office.
UK’s Floors 2 Go Ends Bid Talks
Birmingham, England, March 22--Floors 2 Go has pulled the plug on talks which could have led to a takeover offer, according to the Birmingham Post & Mail.
Research and Markets Offers Info on Chinese Market
Dublin, Ireland, March 22--Research and Markets has announced the addition of Chinese Markets for Building Materials 2005 to their offering.
Wal-Mart Forecasts March Sales Growth
Bentonville, AR, March 21--Wal-Mart estimated its March same-store sales would show a similar or greater rate of growth than in February, when sales at U.S. stores open at least a year increased 4.1 percent.
New Report on the UK Flooring Market
Dublin, Ireland, March 21--Research and Markets has announced the addition of Domestic Floorcoverings: UK to their offering.
Flooring Zone Owner Seeks Investors
Ponte Vedra Beach, FL, March 21--It's not easy asking for $20 million, but Jimmy Lee had the best possible setting for his March 16 pitch, according to the Jacksonville Business Journal.