Credit Suisse Sees Continued Softness in Housing
New York, NY, April 8, 2011 -- Financial firm Credit Suisse expects house prices will continue to decline this year.
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.
Chain Store Sales Up 2% in March
Washington, DC, April 8, 2011 -- U.S. chain-store sales posted a 2.0 percent year-over-year comparable-store gain for March 2011 according to the International Council of Shopping Centers
Armstrong Executive Leaving Company
Lancaster, PA, April 8, 2011 -- Armstrong senior vice president and general counsel Jeffrey D. Nickel stepped down from his position on April 1, according to Lancaster Online.
Carpet Recycling UK To Push Message at Show
London, England, April 8, 2011 -- Carpet Recycling UK is taking its message to the AIS/Flooring One and Buying Groups National Flooring Show in Solihull this May.
Wholesale Inventories Up, Sales Fall in February
Washington, DC, April 8, 2011 -- The Commerce Department said wholesale sales fell 0.8 % in February from January, the first setback since June 2009.
Initial Unemployment Claims Fall Again
Washington, DC, April 7, 2011 -- Initial unemployment claims fell 10,000 in the week ended April 2 to 382,000, the fewest since Feb. 26, according to the Labor Department.
Johnsonite Reduces Energy, Water Use
Chagrin Falls, OH, April 7, 2011 -- – Johnsonite was able to achieve reductions in energy, water and waste for North American production in 2010, the company said.
Novalis International Signs Distributor Bennett
Toronto, Ontario, Canada, April 7, 2011 -- Luxury vinyl flooring firm Novalis International has signed distributor Bennett Supply Company.
Mohawk Promoting SmartStrand at Tennis Event
Charleston, SC, April 7, 2011 -- For the second time, Mohawk is putting its SmartStrand carpet to the test at Family Circle Cup Women’s Tennis Tournament.
Many Retailers Beat Sales Forecasts
New York, NY, April 7, 2011 -- Retailers such as Costco Wholesale Corp reported better-than-expected sales.