Today's Flooring News

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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.

Retail Sales Weak

New York, NY, Mar. 6--Winter storms and worries about war gave consumers more reasons not to shop in February, resulting in another month of disappointing sales.

Durable Goods Orders Up

Washington, DC, Feb. 27--Orders to U.S. factories for big ticket goods jumped by 3.3% in January, the best showing in six months. The increase in orders for durable goods came after two straight months of declines, according to the Commerce Department.

Cevisama Expects Sales of $77.5 Million

Valencia, Spain, Feb 28--Cevisama, the ceramics trade fair in Spain, is expecting the same turnover as last year, namely 721 million euros, ($77.5 million) as long as there is not a war, according to Armando Ibáñez, president of the Cevisama organizing co

New Home Sales Plummet

Washington, DC, Feb. 27--New home sales dropped in January by the largest amount in nine years. Sales of new single family homes fell to a seasonally adjusted annual rate of 914,000.

Big Burlington Shareholder Unhappy

Greensboro, NC, Feb. 27--A Burlington Industries shareholder, according to papers filed with the federal bankruptcy court, has asked the court to appoint a committee that would represent the company’s shareholders.

Consumer Confidence Down

New York, NY, Feb. 26--Consumer confidence fell in February to its lowest level in nearly ten years. The Conference Board’s Consumer Confidence Index fell almost 15 points to 64.0, its lowest reading since October 1993, from 78.8 in January.

FloorTek Set For April

Dalton, GA, Feb. 26--This April 22-24, the American Floorcovering Alliance (AFA) will host the biannual FloorTek Expo at the Northwest Georgia Trade and Convention Center in Dalton.

Home Depot Co-founder Stresses Service

Atlanta, GA, Feb. 26--Home Depot co-founder Arthur Blank said the home improvement retailer could boost sales and earnings by balancing an efficiency drive with a commitment to great customer service.