Lowe's Reports Increasing Earnings, Sales in Q2
Mooresville, NC, Aug. 16, 2010--Lowe's reported net earnings of $832 million for the quarter ended July 30, a 9.6% increase from the same period a year ago.
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.
A&M Carpet of Fresno Exiting Chapter 11
Fresno, CA, Aug. 16, 2010--A&M Carpet, Inc. of Fresno said it is emerging from reorganization under Chapter 11.
Mannington Expanding Solar Energy System
Salem, NJ, Aug. 13, 2010--Mannington Mills said it is entering a Phase II expansion of the solar energy system at its New Jersey manufacturing facilities.
Consumer Sentiment Edges Higher in August
Ann Arbor, MI, Aug. 13, 2010--U.S. consumer sentiment edged up in early August from July and was a little above expectations, according to the Reuters/University of Michigan's Surveys of Consumers.
Retail Sales Higher in July
Washington, DC, Aug. 13, 2010--U.S. retail sales rebounded in July, the Commerce Department said.
NeoCon East Changes 2010 Show Date to October
Baltimore, MD, Aug. 13, 2010--The eighth annual NeoCon East will be held Oct. 28-30 at the Baltimore Convention Center, a change from the December dates originally announced.
Mohawk Begins Selling Strand Bamboo Products
Dalton, GA, Aug. 13, 2010--Mohawk Industries has entered the strand bamboo market.
Horizon Forest Products, Long Floor Move Branch
Raleigh, NC, Aug. 13, 2010--Horizon Forest Products and Long Floor said they have relocated their Chesapeake branch to a new 33,500 square foot building in Norfolk, Va.
Builders Lose Confidence in Senior Housing Market
Washington, DC, Aug. 13, 2010--Builder confidence in the mature-housing market retreated during this year's second quarter, according to new data from the National Association of Home Builders' 55+ Housing Market Index.
Higher Energy Prices Raise Consumer Inflation
Washington, DC, Aug. 13, 2010--The Consumer Price Index rose 0.3% in July to reach the largest gain since August of 2009, in line with expectations, the Labor Department reported Friday.