Trade Gap Widens in April
Washington, DC, June 10--The trade deficit widened 6.3% to $57.0 billion in April, according to the Commerce Department. The gap, despite record exports, was the largest increase since last October.
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.
Macy's Online President Sees Traffic Rising 40
Chicago, IL, June 10--Macy's online business expects its traffic to increase 40% this year, Kent Anderson, president of Macys.com, said.
American Hardwood at Exhibition in China
Beijing, China, June 9--The 10th Southeast Asia and Greater China Convention of the American Hardwood Export Council (AHEC) welcomed visitors in Beijing.
Globus Cork wins ADEX Award
Bronx, NY, June 9--Globus Cork Inc. won a Platinum level ADEX award. The ADEX Awards are sponsored by Design Journal, an international trade magazine for interior designers and architects.
Home Depot Leases Distribution Center In NJ
Atlanta, GA, June 10--The Home Depot Inc. has signed a lease for 318,000 square feet at the Haines Industrial Center in Burlington County, N.J.
Toll Bros CFO Sees No Housing Bubble
Horsham, PA, June 9--Homebuilder stocks have been on a tear, with housing and real estate prices soaring in many parts of the country, but Joel Rassman doesn't think the industry faces a speculative bubble.
Ekowood of Malaysia Targets New Markets
Selangor, Malaysia, June 9--Ekowood International Bhd, a hardwood flooring manufacturer, expects sales to grow between 15 and 20 per cent this year with major contribution coming from new markets including West Asia and China, according to the Business Ti
Saicis Launches Porcelain Series, Giaietto
Montreal, Quebec, June 8--Unmatched hues and striking textures represent Saicis’ latest HI-TECH Gres porcelain tile series: Giaietto.
Entrepreneurs Take Ohio Flooring Business Independ
Columbus, Ohio, June 8--A pair of Columbus businessmen have acquired the Ohio assets of the Invironmentalists in the hopes of creating their own legacy, according to Business First Columbus.
Revalued China Currency May Impact U.S.
New York, NY, June 8--Sometimes you must be careful what you wish for. That may end up being the case with the United States' push to get China to revalue its currency.