New Zealand Family Also Eyeing Feltex
Aulkland, New Zealand, August 3, 2006--Members of one of New Zealand's richest families are seeking to keep beleaguered carpet-maker Feltex in New Zealand hands.
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.
Diversification Key at Penrod
Norfolk, VA, August 2, 2006--Inside a cluster of warehouses at Lambert's Point Docks are 17,000 crates of imported hardwood from around the world awaiting shipment to U.S. manufacturers, distributors and retailers.
Chain Store Sales Up Last Week
New York, NY, August 1, 2006--Weekly U.S. chain store sales continued to recover as sales posted a healthy 0.9-percent increase in the seven days ending Saturday.
Lay-Off Index Drops
Washington, DC, August 1, 2006--Major U.S. employers announced the fewest number of job cuts in six years during July, according to a monthly tally compiled by outplacement firm Challenger Gray & Christmas.
Weekly Mortgage Application Volume Off
Washington, DC, July 28, 2006--The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending July 21.
Sears Canada Posts Higher 2Q Earnings
Toronto, Ontario, July 27, 2006--Sears Canada in the middle of a battle between its U.S. parent Sears Holdings and minority shareholders over its buyout, posted a higher second-quarter profit on Wednesday.
Tarkett Residential Expands Laminates with Madagas
Whitehall, PA, July 27, 2006-–Tarkett announced it will be launching Madagascar, a brand new collection in the Originals universe.
Pulte Homes 2Q Earnings Off
Bloomfield Hills, MI, July 27, 2006--Pulte Homes Inc., after the closing bell Wednesday, said its earnings in the second quarter slipped 20% from the year-ago period as the company navigates a decelerating U.S. housing market.
Chicago Fed Index Up in June
Chicago, IL, July 26, 2006--The Chicago Fed National Activity Index was +0.34 in June, up from –0.14 in May. Three of the four broad categories of indicators made positive contributions to the index.
Your Favorite Color Changes
Las Vegas, NV, July 26, 2006--When it comes to answering the question, “What is your favorite color?” Americans may shift from past preferences, according to Christine Chow, Director of Membership for the New York-based Color Association of the United Sta